📢 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