Cardano DRep Rejects Wirex 3.96M ADA Proposal
The post Cardano DRep Rejects Wirex 3.96M ADA Proposal appeared on BitcoinEthereumNews.com. Cardano DRep votes no on Wirex’s 3.96M ADA Treasury request, citing unclear deliverables and disclosure gaps. A Cardano delegated representative has voted against a Treasury proposal seeking 3,961,538 ADA for a Wirex payments project. The proposal is titled “Bringing Real-World Payments to Cardano with Wirex” and focuses on payment infrastructure. The DRep said the goal of expanding Cardano payments is valid, but the current request lacks detail. The vote adds attention to Cardano governance, Treasury spending, and the need for clearer project disclosures. DRep Questions Wirex Treasury Request The DRep said Wirex has experience in card issuance and regulated payment services. However, the statement said the proposal does not clearly define what Cardano receives. That concern became the main reason for voting against the funding request. As a DRep, I vote NO on the proposal: Withdraw 3,961,538 a