Cardano Atlantic Council is here to serve the community for the coming age of Voltaire. Members: Adam, Beatrice, Jenny, Mike, Rick & Thiago Mascot: Grace 🐬
The Ocean 🌊
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Cardano Atlantic Council is retired. Best wishes to the new CC candidates 💙🐬
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transaction link cardanoscan.io/transaction/7…
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Be sure to register for CC by November 24th! 🐬💙
The snap election to elect a new member of the Constitutional Committee, is now live.
Open to individuals, consortia, and companies, registration is now open.
Full details on Intersect Knowledge Base here: buff.ly/VrxQcXB
Apply Here: buff.ly/QQdd4X2
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Cardano Atlantic Council retweeted
Thank you @CardanoAtlantic for your service!
A snap election will take place, facilitated by @IntersectMBO, to elect a new Constitutional Committee member.
📅 Below are all the important dates:
👉 Monday, November 17: Candidate registration opens
👉 Monday, November 25: Candidate registration closes; campaign week begins
👉 Monday, December 1: Voting opens on Ekklesia
👉 Friday, December 5: Voting closes; results audited
👉 Monday, December 8: Governance Action submitted on-chain
Find out more about the process here:
intersectmbo.org/news/announ…
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1/4 The current CC Compensation governance proposal is unlikely to pass, based on the vote tally and rationales. Accordingly, Cardano Atlantic will retire our CC keys on November 25th, following the epoch transition, to allow active proposals to ratify or expire.
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3/4 It appears the DRep community lacks appetite to compensate CC members. Our decision is not a negotiation tactic or plea for Yes votes; it simply reflects a misalignment of expectations. From the outset, we were transparent that pursuing compensation is part of our criteria.
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Cardano Atlantic has completed analysis and voting on the 4 most recent Cardano GAs, maintaining our 100% voting record. Here are the results:
Loan ₳5M to Expand Global Listings - Yes
Reimburse Ikigai - Yes
CC Compensation - Abstain
Securing Generic TLDs for Cardano - Abstain
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Cardano Atlantic voted on 4 recent GAs!
Cardano in Oceania Strategic Plan - Constitutional
5M Ada Loan for Global Listing Expansion Powered by Snek - Constitutional
Stablecoin DeFi Liquidity Budget - Constitutional
Defining the Cardano 2030 Vision & Strategy - Abstain
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During our most recent meeting for the Cardano Atlantic ICC we discussed governance topics:
✅ Cardano Ecosystem Constitution v2.0 vote
✅ Remaining NCL after current withdrawals complete
✅ Notional budget for CC seats
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Cardano Atlantic has voted on the 41 active budget requests and treasury withdrawals 🥳
Pay close attention to the rationales in the metadata. The @IntersectMBO pre-screened treasury withdrawals received a final team vote of "Constitutional" but it was very close. Congrats!
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Over the past 9 months the CAC has learned a lot about the amount of work required to do justice to the role of Constitutional Committee member. With that in mind, we intend to submit our budget for compensation should we be elected to a new term during the upcoming elections.
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The Cardano Atlantic team has voted on the 5 currently active proposals, results highlighted in the graphic.
Rationale for each vote cast can be found on-chain in the metadata, available on GovTool or @ada_stat 🫡
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