Ratify Weekly #3: all three live treasury asks need No votes to switch

Hi all. Ratify Weekly #3 is out: an independent, AI-assisted weekly sheet on the vote arithmetic of live Cardano governance actions. Every number comes from Koios (snapshot Nov 12, 10:18 UTC, epoch 667, block 14,190,666); ceiling, gap and switches are our arithmetic on those numbers.

  • The headline: none of the three live treasury withdrawals can reach the 67% DRep threshold on undecided stake alone. The ceiling (Yes plus all not-yet-voted stake) sits below 67% on each.
  • Copper Reserve (₳22M, Toto Finance): 0.48% yes (5/114/5), ceiling 34.60%, ₳1,306.19M of No votes would have to switch. Window ends at the start of epoch 668 (Nov 15).
  • PFMS (₳9.6M, Trivolve Tech): 29.51% yes (41/54/7), ceiling 64.23%, ₳131.03M of No votes would have to switch. Window ends at the start of epoch 669 (Nov 20).
  • AURORA (₳940K, Fairway): 3.99% yes (14/71/15), ceiling 54.67%, ₳463.26M of No votes would have to switch. Window ends at the start of epoch 669 (Nov 20).
  • Dev survey (Info action): 9/3/44. Info actions can’t be ratified.

The issue also quotes InputEndorsers’ PFMS No rationale (with permission) alongside EMURGO’s Yes, and explains why a yes share can move at an epoch boundary when nobody votes.

Full issue: All three treasury asks need No votes to switch

Live board: The Margin Board: live Cardano governance actions | Ratify Weekly

We hold no voting power and don’t give voting advice. If a number or a quote looks wrong, please reply and we’ll correct it.