📢 Liqwid DAO Temperature Check: Cardano Treasury Loan for Global Listings
A new temperature check is live on the Liqwid governance forum.
This one concerns a Cardano on-chain governance proposal requesting a ₳5,000,000 loan from the Cardano Treasury to fund the Cardano Global Listing Expansion led by the Snek Foundation.
What the proposal is about
- The SNEK team is seeking a budget loan (not a grant) from the Cardano Treasury.
- Funds would be used to secure listings on major centralized exchanges, retail brokers, and global trading platforms
- This is the first loan-based withdrawal model introduced under Cardano governance — funds must be repaid with interest.
- The full proposal is hosted on Tempo: (Cardano’s official on-chain governance interface).
How Liqwid DAO voting works
The Liqwid DRep (Florian Volery, @sachs_johnny ) will cast Liqwid’s on-chain vote based on the result of this temperature check:
YES → Liqwid DRep votes YES
ABSTAIN → Liqwid DRep votes ABSTAIN
NO → Liqwid DRep votes NO
The option with the highest support from Liqwid voters will determine the DRep’s final on-chain vote.
Temperature Check is open now
🔗
Voting deadline on the Cardano side: November 25, 2025.
Liqwid aims to finalize its vote by November 21, 2025.
#Cardano #Governance #LiqwidFinance #DAO
1.29K
21
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.