Transaction Details

{
  "7bce4834bd3e791f24df3127b4fcec40b93e4b179686826665beadc6": {
    "ABstain13": {
      "name": "THE AB STAIN",
      "files": [
        {
          "src": "QmR9jP2TDMVbAkZgA14PoV58fsRRYNhd6Km1CcqtKMNpEb",
          "Asset": "THE AB STAIN",
          "Summary": [
            "We applaud the amazing efforts of the Cardano Foundation",
            "and the Cardano community for taking the next steps to",
            "move us into the Age of Voltaire!",
            "Just as we strive for decentralization for Cardano itself",
            "our vote submission to ABSTAIN from this vote is an attempt",
            "to decentralize the voting submissions in exploring the",
            "INFINITE POSSIBILITIES of governance on Cardano!"
          ],
          "Entering": "Voltaire",
          "mediaType": "image/png",
          "Description": [
            "THE AB STAIN is a commemorative MINT",
            "documenting the perspectives and opinions",
            "of your friends at inFi (INFINITE) Stake Pool."
          ],
          "Reason 1: Time": [
            "We believe this vote could be given more time!",
            "On Bitcoin, the adoption of Taproot was a process that",
            "lasted three months, and yet was dubbed the 'Speedy Trial'.",
            "By comparison, giving 2 epochs for the entire ecosystem",
            "of stake pools to vote is, we believe, a wee bit faster.",
            "Perhaps, even, TURBO charged!",
            "This is not to say we need something like a full",
            "annual quarter to process a vote,",
            "but something more than 10 days",
            "would be tubular!",
            "In any event, important topics like these take time.",
            "And for those entering the summer season who may not",
            "have been active, or otherwise faced with life's",
            "unexpected challenges, they may have missed it",
            "completely.",
            "It would be so awesome and fun if there was more time",
            "for us to discuss these topics, organize events around them,",
            "and truly maximize participation across the entire ecosystem.",
            "What's more, many of us in the ecosystem are",
            "focused on organizing workshops for CIP 1694.",
            "As such, many of us feel that time and resources",
            "that should be dedicated to such an awesome topic",
            "are being drawn and different directions.",
            "Having full focus on this event would be sweet!"
          ],
          "Reason 5: Cost": [
            "We believe that voting should be free!",
            "Call us crazy, but in the age of the internet,",
            "it has become increasingly simple—and cost effective—",
            "to broadcast our voices for anyone on the planet to hear.",
            "The current vote has some monetary considerations:",
            "1.) the cost of transacting on the network,",
            "2.) the change in APY% for staking ADA or other",
            "native assets by delegating to a new pool",
            "3.) the associated affect this may have on",
            "Stake Pool Operators who operate themselves as a business.",
            "While ADA rewards may carry over with redelegation,",
            "this is not always true with different stake incentives,",
            "such as ISPOs, farming rewards, learn-and-earn, among others.",
            "We are aware that future governance measures will",
            "likely have a more cost-efficient approaches, and as such",
            "the need for a monetary element to this very",
            "important vote could have, perhaps, been",
            "avoided."
          ],
          "Reason 8: Fun!": [
            "We believe that the vote could have been more fun!",
            "There is a lot of negative sentiment currently in",
            "the community between different participants,",
            "and this particular vote has exacerbated some issues.",
            "This can always be expected in governance.",
            "It is messy!",
            "But it is also something that people can enjoy",
            "and look forward to, because as it happens",
            "on Cardano, there is a potential to change",
            "the world."
          ],
          "On the Vote for": [
            "Updating the Parameters",
            "(k & minPoolCost)"
          ],
          "Our (inFi) Vote": "E.) [We] would prefer to Abstain",
          "Important to Note": [
            "We celebrate and commend every single person",
            "in the Cardano ecosystem who has worked to",
            "move us further into the Age of Voltaire:",
            "From organizers, to builders, to everyday participants,",
            "each of us, together, are driving the innovation",
            "of Web 3 and decentralized governance",
            "FURTHER!"
          ],
          "Reason 2: Clarity": [
            "We believe the vote could have been more clear!",
            "On various Cardano social-media platforms,",
            "there was confusion as to whether or not",
            "this vote 'counted,' as it presented",
            "as an 'experiment.'",
            "Accordingly, many did not think there would be",
            "any meaningful outcomes of this experience.",
            "However, as has been made clear,",
            "this vote will inform the official CF recommendation,",
            "An additional uncertainty has arisen with",
            "the use of cold keys for participating in the poll,",
            "and many SPOs who store them on hardware devices",
            "are left not being able to participate",
            "without knowledge of workarounds developed",
            "by community members two days before voting closed.",
            "Some felt it was unfortunate to use a voting format",
            "where dedicated operators practicing some",
            "the best operational security were penalized.",
            "We think these topics should have been made",
            "very explicit prior to the opening of votes.",
            "Explicit as in: easy to find and reference!",
            "Quick infographics are super neat."
          ],
          "Reason 6: Options": [
            "We believe that there are alternative methods that",
            "could be utilized to achieve the objectives of this poll.",
            "Differences in approach, such as ranked-choice voting,",
            "or strategic voting, among others, present some",
            "(probably) fun alternatives!",
            "What is lost in the current form is the nuance",
            "between each parameter, as they have been presented",
            "simultaneously without the option(s) to present",
            "alternatives.",
            "Importantly, the documentation for this 'experiment'",
            "is only available in English, and does not provide",
            "an option for speakers of other languages to",
            "participate in ways they may find",
            "most meaningful.",
            "Néu đã làm bằng nhiều ngôn ngữ khác,",
            "thì chắc sẽ vui hơn nhiều nhé!"
          ],
          "On the Vote options": [
            "A.) Keep k at 500 and minPoolCost at 340 ada",
            "B.) Keep k at 500 and halve minPoolCost to 170 ada",
            "C.) Increase k to 1000 and keep minPoolCost at 340 ada",
            "D.) Increase k to 1000 and halve minPoolCost to 170 ada",
            "E.) I would prefer to abstain",
            "F.) None of the provided options"
          ],
          "Reason 7: Marketing": [
            "We could have gotten the word out - together!",
            "Cardano has one of the most vibrant communities anywhere.",
            "Many of us are here every day exploring the ecosystem",
            "and are more than happy to help promote all of the",
            "awesome things Cardano does and will continue to do!",
            "Imagine how cool it would have been to have a big",
            "community-wide twitter space. Pin the link to the",
            "Reddit forum. Make a huge announcement on",
            "Telegram, the Forum, and elsewhere",
            "Complete with marketing graphics and quick promo clips,",
            "we could come together for a big *celebration* of this",
            "very awesome and very cool on-chain vote.",
            "And then, we could have kept this awesome momentum going!",
            "Imagine a series of events across the week to",
            "explore the big topics, and then a big,",
            "and most definitely fun",
            "count-down space/event",
            "as the final votes come in."
          ],
          "Reason 3: Uncertainty": [
            "As voting is underway, there are many things uncertain",
            "about the voting calculation and methodology.",
            "First, there will be a non-zero percent of stake",
            "that moves to different pools during the 're-delegation' phase.",
            "How this will be differentiated from stake that moves according",
            "to voter opinions is unclear.",
            "A second uncertainty is found in",
            "the Cardano Foundation delegation",
            "which is spread across various pools throughout the ecosystem.",
            "The Foundation has not yet made clear its own stance on the vote",
            "nor how it will treat, interpret, and/or",
            "possibly move this delegation prior to,",
            "or during, the voting snapshot.",
            "A third uncertainty regards the vote tabulation",
            "and which metric will be the basis for which",
            "the Foundation makes its recommendation.",
            "Current vote tabulations reflect differences in",
            "polling results based on pledge, total ADA staked,",
            "amount of pools participating, and total",
            "number of stakers.",
            "A specific explanation of how each of these",
            "will be weighted and/or interpreted",
            "would have been super awesome!"
          ],
          "Options for Abstaining": [
            "Abstaining from voting means choosing",
            "not to cast a vote on a particular matter.",
            "It is a decision to remain neutral or",
            "not express a preference for any",
            "of the available options.",
            ".",
            "On the other hand, voting abstain is",
            "a specific voting option or choice",
            "provided in some voting systems.",
            "It allows individuals to formally",
            "register their decision not to vote",
            "in favor or against a particular",
            "proposal or candidate.",
            "Essentially, it is a way of actively",
            "indicating a deliberate decision",
            "to withhold support or opposition.",
            ".",
            "While the terms sound similar,",
            "the key difference lies in the",
            "level of active participation.",
            "Abstaining from voting means not",
            "participating at all,",
            "whereas voting abstain is a form of",
            "active participation in the voting process",
            "by explicitly expressing a choice to",
            "abstain from voting in favor or against."
          ],
          "Our (collective) Question": [
            "Which setup would you prefer to be put in place",
            "from Q3 2023 onwards?"
          ],
          "Reason 4: Miss Representation": [
            "We believe that there could be other ways to get consensus",
            "from SPOs and their delegators without having to move",
            "delegations throughout the ecosystem.",
            "Many users of Cardano have a 'set-it-and-forget-it' approach,",
            "as evidenced by the millions of ADA still sitting in",
            "retired stake pools.",
            "Accordingly, those 'dormant' accounts will be represented",
            "in the final vote tally just as equally as those who",
            "are active in Cardano on an everyday basis.",
            "To be clear, both matter very much!",
            "However, if one goal is to measure sentiment",
            "then this approach will result in a misrepresentation",
            "of user sentiments and opinions."
          ]
        },
        {
          "": "Let's Get To Work and Have Some FUN!",
          "src": [
            "ipfs://bafybeiarbna4qkyaflqfaqmbv2kdhgahejih5i2cvu",
            "ystxd7pplldctpqa"
          ],
          "mediaType": "model/gltf-binary"
        }
      ],
      "image": "QmR9jP2TDMVbAkZgA14PoV58fsRRYNhd6Km1CcqtKMNpEb",
      "mediaType": "image/png"
    }
  }
}