{"id":43736,"date":"2025-11-04T11:34:02","date_gmt":"2025-11-04T02:34:02","guid":{"rendered":"https:\/\/sipo.tokyo\/?p=43736"},"modified":"2025-11-04T11:37:26","modified_gmt":"2025-11-04T02:37:26","slug":"post-43736","status":"publish","type":"post","link":"https:\/\/sipo.tokyo\/?p=43736","title":{"rendered":"\ud83d\uddf3\ufe0fSIPO DRep \u6295\u7968\u30b3\u30e1\u30f3\u30c8\uff1a\u300eLoan \u20b35,000,000 to Expand Cardano\u2019s Global Listings\u300f\u306b\u5bfe\u3057\u3066 Abstain\uff08\u68c4\u6a29\uff09"},"content":{"rendered":"\n<div class=\"dp_toc_container pos-before_first_h allow-toggle\" role=\"navigation\" data-margin=\"30\"><p class=\"toc_title_block\"><span class=\"toc_title icon-list\">INDEX<\/span><span class=\"toc_toggle icon-up-open\" role=\"button\"><\/span><\/p><ul class=\"dp_toc_ul has_title\"><li><a href=\"#f09fa7ad-e3808cloan-e282b35000000-to-expand-cardanos-global-listingse3808de68f90e6a188e381aee6a682e8a681-1\">\ud83e\udded \u300cLoan \u20b35,000,000 to Expand Cardano\u2019s Global Listings\u300d\u63d0\u6848\u306e\u6982\u8981<\/a><ul><li><a href=\"#f09fa7a9-e68f90e6a188e381aee6a0b8e5bf83-2\">\ud83e\udde9 \u63d0\u6848\u306e\u6838\u5fc3<\/a><\/li><li><a href=\"#f09f9a80-e79baee79a84e381a8e6848fe7bea9-3\">\ud83d\ude80 \u76ee\u7684\u3068\u610f\u7fa9<\/a><ul><li><a href=\"#1-sneke381aee4b88ae5a0b4e68ba1e5a4a7e38292e9809ae38198e3819fe382abe383abe38380e3838ee585a8e4bd93e381aee6b581e58b95e680a7e59091-4\">1.&nbsp;SNEK\u306e\u4e0a\u5834\u62e1\u5927\u3092\u901a\u3058\u305f\u30ab\u30eb\u30c0\u30ce\u5168\u4f53\u306e\u6d41\u52d5\u6027\u5411\u4e0a<\/a><\/li><li><a href=\"#2-cardanoe381aee3808ce799bae8a68be680a7efbc88discoverabilityefbc89e3808de5958fe9a18ce381aee8a7a3e6b1ba-5\">2.&nbsp;Cardano\u306e\u300c\u767a\u898b\u6027\uff08discoverability\uff09\u300d\u554f\u984c\u306e\u89e3\u6c7a<\/a><\/li><li><a href=\"#3-cardanoe38388e383ace382b8e383a3e383aae383bce381aee696b0e38197e38184e9818be794a8e383a2e38387e383ab-6\">3.&nbsp;Cardano\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u306e\u65b0\u3057\u3044\u904b\u7528\u30e2\u30c7\u30eb<\/a><\/li><\/ul><\/li><li><a href=\"#f09f8c8d-e38396e383ade38383e382afe38381e382a7e383bce383b3e585a8e4bd93e381abe3818ae38191e3828be4bd8de7bdaee4bb98e38191-7\">\ud83c\udf0d \u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u5168\u4f53\u306b\u304a\u3051\u308b\u4f4d\u7f6e\u4ed8\u3051<\/a><\/li><li><a href=\"#f09f92a1-e382abe383abe38380e3838ee381abe38282e3819fe38289e38195e3828ce3828be681a9e681b5-8\">\ud83d\udca1 \u30ab\u30eb\u30c0\u30ce\u306b\u3082\u305f\u3089\u3055\u308c\u308b\u6069\u6075<\/a><\/li><li><a href=\"#f09f8f9befb88f-e382ace38390e3838ae383b3e382b9e4b88ae381aee6848fe7bea9-9\">\ud83c\udfdb\ufe0f \u30ac\u30d0\u30ca\u30f3\u30b9\u4e0a\u306e\u610f\u7fa9<\/a><\/li><li><a href=\"#f09f94ad-e7b78fe8a995efbc9acardanoe381aee3808ce98791e89e8de79a84e68890e7869fe69c9fe3808de38292e5918ae38192e3828be68f90e6a188-10\">\ud83d\udd2d \u7dcf\u8a55\uff1aCardano\u306e\u300c\u91d1\u878d\u7684\u6210\u719f\u671f\u300d\u3092\u544a\u3052\u308b\u63d0\u6848<\/a><ul><li><a href=\"#e383aae382b9e382afe8a995e4bea1-11\">\u30ea\u30b9\u30af\u8a55\u4fa1<\/a><\/li><\/ul><\/li><\/ul><\/li><li><a href=\"#f09f97b3efb88fsipo-drep-e68a95e7a5a8e382b3e383a1e383b3e38388efbc9ae3808eloan-e282b35000000-to-expand-cardanos-global-listingse3808fe381abe5afbe-12\">\ud83d\uddf3\ufe0fSIPO DRep \u6295\u7968\u30b3\u30e1\u30f3\u30c8\uff1a\u300eLoan \u20b35,000,000 to Expand Cardano\u2019s Global Listings\u300f\u306b\u5bfe\u3057\u3066 Abstain\uff08\u68c4\u6a29\uff09<\/a><ul><li><a href=\"#e383ade383bce383b3e59e8be38388e383ace382b8e383a3e383aae383bce383a2e38387e383abe381a8e38184e38186e5898de980b2-13\">\u30ed\u30fc\u30f3\u578b\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u30e2\u30c7\u30eb\u3068\u3044\u3046\u524d\u9032<\/a><\/li><li><a href=\"#e3819fe381a0e38197e38081e3808csneke789b9e4be8be58c96e3808de381abe381afe6858ee9878de381a7e38182e3828be381b9e3818d-14\">\u305f\u3060\u3057\u3001\u300cSNEK\u7279\u4f8b\u5316\u300d\u306b\u306f\u614e\u91cd\u3067\u3042\u308b\u3079\u304d<\/a><\/li><li><a href=\"#sipoe381aee7ab8be5a0b4-15\">SIPO\u306e\u7acb\u5834<\/a><\/li><li><a href=\"#e4bb8ae5be8ce381b8e381aee69c9fe5be85-16\">\u4eca\u5f8c\u3078\u306e\u671f\u5f85<\/a><\/li><li><a href=\"#e381bee381a8e38281-17\">\u307e\u3068\u3081<\/a><\/li><\/ul><\/li><li><a href=\"#f09f97b3efb88fsipo-drep-statement-loan-e282b35000000-to-expand-cardanos-global-listings-abstain-18\">\ud83d\uddf3\ufe0fSIPO DRep Statement: \u201cLoan \u20b35,000,000 to Expand Cardano\u2019s Global Listings\u201d \u2014 Abstain<\/a><ul><li><a href=\"#recognizing-the-progress-of-a-loan-based-treasury-19\">Recognizing the Progress of a Loan-Based Treasury<\/a><\/li><li><a href=\"#why-we-must-be-careful-about-the-snek-exception-20\">Why We Must Be Careful About the \u201cSNEK Exception\u201d<\/a><\/li><li><a href=\"#sipos-view-21\">SIPO\u2019s View<\/a><\/li><li><a href=\"#what-i-hope-to-see-next-22\">What I Hope to See Next<\/a><\/li><li><a href=\"#summary-23\">Summary<\/a><\/li><\/ul><\/div><h2 class=\"wp-block-heading deb-block deb-block-d3aa1ca\" id=\"f09fa7ad-e3808cloan-e282b35000000-to-expand-cardanos-global-listingse3808de68f90e6a188e381aee6a682e8a681-1\"><strong>\ud83e\udded <strong>\u300cLoan \u20b35,000,000 to Expand Cardano\u2019s Global Listings\u300d<\/strong>\u63d0\u6848\u306e\u6982\u8981<\/strong><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large has-custom-border deb-block deb-block-b459422\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"585\" src=\"https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-1024x585.png\" alt=\"\" class=\"has-border-color has-aaaaaa-border-color wp-image-43738\" title=\"\u753b\u50cf\" srcset=\"https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-1024x585.png 1024w, https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-300x171.png 300w, https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-768x439.png 768w, https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-1536x878.png 1536w, https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-450x257.png 450w, https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-900x514.png 900w, https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03.png 1792w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"deb-block deb-block-f44e53c\"><strong>\u63d0\u6848\u540d\uff1a<\/strong> <a href=\"https:\/\/gov.tools\/connected\/governance_actions\/03f671791fd97011f30e4d6b76c9a91f4f6bcfb60ee37e5399b9545bb3f2757a#0\" data-type=\"link\" data-id=\"https:\/\/gov.tools\/connected\/governance_actions\/03f671791fd97011f30e4d6b76c9a91f4f6bcfb60ee37e5399b9545bb3f2757a#0\">Loan \u20b35,000,000 to Expand Cardano\u2019s Global Listings<\/a><\/p>\n\n\n\n<p class=\"deb-block deb-block-fa2fad0\"><strong>\u63d0\u6848\u8005\uff1a<\/strong> Snek Foundation<\/p>\n\n\n\n<p class=\"deb-block deb-block-3eef4ea\"><strong>\u63d0\u6848\u7a2e\u5225\uff1a<\/strong> Treasury Withdrawal\uff08\u8ca1\u52d9\u7701\u8cc7\u91d1\u306e\u5f15\u304d\u51fa\u3057\uff09<\/p>\n\n\n\n<p class=\"deb-block deb-block-d0bcda8\"><strong>\u91d1\u984d\uff1a<\/strong> \u20b35,000,000<\/p>\n\n\n\n<p class=\"deb-block deb-block-24f07ee\"><strong>\u91d1\u5229\uff1a<\/strong> \u5e742.44%\uff08\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u5831\u916c2.37%\uff0b\u5584\u610f\u4e0a\u4e57\u305b0.07%\uff09<\/p>\n\n\n\n<p class=\"deb-block deb-block-3489548\"><strong>\u8fd4\u6e08\u671f\u9650\uff1a<\/strong> 5\u5e74\u4ee5\u5185\uff083\u5e74\u76ee\u304b\u3089\u8fd4\u6e08\u958b\u59cb\uff09<\/p>\n\n\n\n<p class=\"deb-block deb-block-71cd4d4\"><strong>\u7ba1\u7406\uff1a<\/strong> Intersect\uff08\u76e3\u67fb\u30fb\u5951\u7d04\u57f7\u884c\uff09<\/p>\n\n\n\n<p class=\"deb-block deb-block-336c3cf\"><strong>\u52a9\u8a00\u59d4\u54e1\u4f1a\uff1a<\/strong><\/p>\n\n\n\n<p class=\"deb-block deb-block-4c1a63e\">Tal Cohen\uff08\u5143Kraken CEO\uff09\u3001Phillip Pon\uff08EMURGO CEO\uff09\u3001Fahmi Syed\uff08Midnight Foundation\u4ee3\u8868\uff09\u3001Frederik Gregaard\uff08Cardano Foundation CEO\uff09\u306a\u3069\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-d2cb3d2\" id=\"f09fa7a9-e68f90e6a188e381aee6a0b8e5bf83-2\"><strong>\ud83e\udde9 \u63d0\u6848\u306e\u6838\u5fc3<\/strong><\/h4>\n\n\n\n<p class=\"deb-block deb-block-f74e6eb\">\u3053\u306e\u63d0\u6848\u306f\u3001<strong>SNEK\u8ca1\u56e3\u304cCardano\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u304b\u3089500\u4e07ADA\u3092\u501f\u308a\u5165\u308c\u3001\u8fd4\u6e08\u7fa9\u52d9\u3092\u8ca0\u3046\u5f62\u3067\u4e16\u754c\u306e\u4e3b\u8981\u53d6\u5f15\u6240\u3078\u306e\u4e0a\u5834\u6d3b\u52d5\u3092\u63a8\u9032\u3059\u308b<\/strong>\u3068\u3044\u3046\u3082\u306e\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-df3f8a6\">\u3053\u3053\u3067\u91cd\u8981\u306a\u306e\u306f\u3001<strong>\u300c\u52a9\u6210\u91d1\uff08Grant\uff09\u300d\u3067\u306f\u306a\u304f\u300c\u8fd4\u6e08\u578b\u30ed\u30fc\u30f3\uff08Loan\uff09\u300d<\/strong>\u3067\u3042\u308b\u70b9\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-f77cf21\">\u3053\u308c\u306f\u3001\u30ab\u30eb\u30c0\u30ce\u306e\u30ac\u30d0\u30ca\u30f3\u30b9\u53f2\u4e0a\u521d\u306e\u300c\u30ed\u30fc\u30f3\u30d9\u30fc\u30b9\u306e\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u5f15\u304d\u51fa\u3057\u300d\u3067\u3042\u308a\u3001<strong>\u516c\u5171\u8cc7\u91d1\u3092\u8cac\u4efb\u3042\u308b\u5f62\u3067\u5faa\u74b0\u3055\u305b\u308b\u65b0\u3057\u3044\u4ed5\u7d44\u307f\u306e\u8a66\u307f<\/strong>\u3067\u3059\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-440903b\" id=\"f09f9a80-e79baee79a84e381a8e6848fe7bea9-3\"><strong>\ud83d\ude80 \u76ee\u7684\u3068\u610f\u7fa9<\/strong><\/h4>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-1a9873c\" id=\"1-sneke381aee4b88ae5a0b4e68ba1e5a4a7e38292e9809ae38198e3819fe382abe383abe38380e3838ee585a8e4bd93e381aee6b581e58b95e680a7e59091-4\"><strong>1.&nbsp;SNEK\u306e\u4e0a\u5834\u62e1\u5927\u3092\u901a\u3058\u305f\u30ab\u30eb\u30c0\u30ce\u5168\u4f53\u306e\u6d41\u52d5\u6027\u5411\u4e0a<\/strong><\/h5>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-5a616b5\">\n<li class=\"\">SNEK\u306fCardano\u3067\u6700\u3082\u53d6\u5f15\u91cf\u304c\u591a\u304f\u300142,000\u4ee5\u4e0a\u306e\u30a6\u30a9\u30ec\u30c3\u30c8\u3067\u4fdd\u6709\u3055\u308c\u308b\u6700\u5927\u306e\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u30c8\u30fc\u30af\u30f3\u3002<\/li>\n\n\n\n<li class=\"\">\u3053\u308c\u307e\u3067\u306bKraken\u30fbCrypto.com\u30fbKuCoin\u3068\u3044\u3046Tier1\u53d6\u5f15\u6240\u3078\u306e\u4e0a\u5834\u3092\u5b9f\u73fe\u3002<\/li>\n\n\n\n<li class=\"\">\u3053\u308c\u3089\u306f\u3059\u3079\u3066<strong>\u81ea\u5df1\u8cc7\u91d1\uff08$5M\u8d85\uff09<\/strong>\u306b\u3088\u308b\u5b9f\u7e3e\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-5a4e50b\">\u3053\u306e\u63d0\u6848\u3067\u306f\u3001\u3055\u3089\u306b\u591a\u304f\u306e<strong>\u30c8\u30c3\u30d7\u30c6\u30a3\u30a2\u53d6\u5f15\u6240\u30fb\u30d6\u30ed\u30fc\u30ab\u30fc\u30fbDeFi\u30d7\u30e9\u30c3\u30c8\u30d5\u30a9\u30fc\u30e0<\/strong>\u306b\u304a\u3051\u308b\u4e0a\u5834\u3092\u76ee\u6307\u3057\u3001Cardano\u30cd\u30a4\u30c6\u30a3\u30d6\u30c8\u30fc\u30af\u30f3\uff08CNT\uff09\u306e\u5b58\u5728\u611f\u3092\u30b0\u30ed\u30fc\u30d0\u30eb\u306b\u9ad8\u3081\u308b\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-431de8e\" id=\"2-cardanoe381aee3808ce799bae8a68be680a7efbc88discoverabilityefbc89e3808de5958fe9a18ce381aee8a7a3e6b1ba-5\"><strong>2.&nbsp;Cardano\u306e\u300c\u767a\u898b\u6027\uff08discoverability\uff09\u300d\u554f\u984c\u306e\u89e3\u6c7a<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-c77a917\">\u73fe\u5728\u3001Ethereum\u3084Solana\u306e\u30c8\u30fc\u30af\u30f3\u306f\u591a\u304f\u306eCEX\u3067\u81ea\u7136\u306b\u898b\u3064\u304b\u308b\u4e00\u65b9\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-605c95f\">Cardano\u30cd\u30a4\u30c6\u30a3\u30d6\u30c8\u30fc\u30af\u30f3\u306f\u307e\u3060<strong>\u4e3b\u8981\u53d6\u5f15\u6240\u3067\u306e\u9732\u51fa\u304c\u6975\u3081\u3066\u5c11\u306a\u3044<\/strong>\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-1bf7726\">\u3053\u306e\u7d50\u679c\u3001ADA\u3084Cardano DeFi\u306e\u6d41\u52d5\u6027\u30fb\u65b0\u898f\u30e6\u30fc\u30b6\u30fc\u7372\u5f97\u306b\u5236\u7d04\u304c\u751f\u3058\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-e03c099\">SNEK\u306f\u3053\u306e\u201c\u5165\u53e3\u30c8\u30fc\u30af\u30f3\uff08gateway token\uff09\u201d\u3068\u3057\u3066\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-e97ea9b\">DOGE\u30fbSHIB\u30fbPEPE\u306e\u3088\u3046\u306b<strong>\u6587\u5316\u7684\u306a\u30d0\u30a4\u30e9\u30eb\u52b9\u679c\u3068\u5e02\u5834\u6d41\u52d5\u6027\u3092\u4e21\u7acb\u3059\u308b\u5b58\u5728<\/strong>\u3092\u76ee\u6307\u3059\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-93cf3a1\" id=\"3-cardanoe38388e383ace382b8e383a3e383aae383bce381aee696b0e38197e38184e9818be794a8e383a2e38387e383ab-6\"><strong>3.&nbsp;Cardano\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u306e\u65b0\u3057\u3044\u904b\u7528\u30e2\u30c7\u30eb<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-8450ce2\">\u3053\u308c\u307e\u3067\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u306f\u52a9\u6210\u91d1\uff08grant\uff09\u3068\u3057\u3066\u8cc7\u91d1\u3092\u51fa\u3059\u5f62\u5f0f\u304c\u4e2d\u5fc3\u3060\u3063\u305f\u304c\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-9b85b72\">\u672c\u63d0\u6848\u306f\u3001<strong>\u5229\u606f\u4ed8\u304d\u30ed\u30fc\u30f3\u3068\u3057\u3066\u56de\u53ce\u3059\u308b<\/strong>\u3068\u3044\u3046\u70b9\u3067\u9769\u65b0\u7684\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-e1cc03d\">\n<li class=\"\">\u5e74\u52292.44%\u30925\u5e74\u9593\u3067\u8907\u5229\u8a08\u7b97\u3002<\/li>\n\n\n\n<li class=\"\">\u8fd4\u6e08\u306fSNEK\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306e\u53ce\u76ca\uff08Snek.fun, Snek Energy, Snek Figures\u306a\u3069\uff09\u304b\u3089\u884c\u3046\u3002<\/li>\n\n\n\n<li class=\"\">3\u5e74\u76ee\u306e\u6642\u70b9\u3067\u76e3\u67fb\u3092\u884c\u3044\u3001\u8fd4\u6e08\u9032\u6357\u3092\u78ba\u8a8d\u3002<\/li>\n\n\n\n<li class=\"\">Intersect\u304c\u6cd5\u7684\u5951\u7d04\u3092\u7de0\u7d50\u30fb\u76e3\u7763\u3057\u3001\u7b2c\u4e09\u8005\u76e3\u67fb\u3092\u5b9f\u65bd\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-094ef19\">\u3053\u308c\u306b\u3088\u308a\u3001Cardano Treasury\u306e<strong>\u30b5\u30b9\u30c6\u30ca\u30d6\u30eb\u306a\u5faa\u74b0\u30e2\u30c7\u30eb\uff08\u518d\u5229\u7528\u53ef\u80fd\u306a\u8cc7\u672c\u30d7\u30fc\u30eb\uff09<\/strong>\u304c\u5b9f\u8a3c\u3055\u308c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-803b8a6\" id=\"f09f8c8d-e38396e383ade38383e382afe38381e382a7e383bce383b3e585a8e4bd93e381abe3818ae38191e3828be4bd8de7bdaee4bb98e38191-7\"><strong>\ud83c\udf0d \u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u5168\u4f53\u306b\u304a\u3051\u308b\u4f4d\u7f6e\u4ed8\u3051<\/strong><\/h4>\n\n\n\n<p class=\"deb-block deb-block-dd4efac\">\u3053\u306e\u63d0\u6848\u306f\u3001\u5e83\u304f<strong>Web3\u30ac\u30d0\u30ca\u30f3\u30b9\u306b\u304a\u3051\u308b\u300c\u516c\u5171\u91d1\u878d\u306e\u9032\u5316\u5f62\u300d<\/strong>\u3068\u3057\u3066\u6ce8\u76ee\u3055\u308c\u308b\u3002<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-cb17f31\">\n<li class=\"\"><strong>DAO\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u306e\u6210\u719f\u6bb5\u968e\u3078\u306e\u4e00\u6b69<\/strong> \u3000\u52a9\u6210\u91d1\u304b\u3089\u30ed\u30fc\u30f3\u3078\u3002DAO\u304c\u516c\u5171\u8cc7\u91d1\u3092\u300c\u6295\u8cc7\u30fb\u56de\u53ce\u300d\u3059\u308b\u30e2\u30c7\u30eb\u306e\u78ba\u7acb\u306f\u3001 \u3000\u30a4\u30fc\u30b5\u30ea\u30a2\u30e0\u3084Polkadot\u3001Cosmos\u3067\u3082\u8a66\u884c\u6bb5\u968e\u306b\u3042\u308b\u304c\u3001Cardano\u306f\u6cd5\u7684\u62d8\u675f\u529b\u3068\u76e3\u67fb\u4f53\u5236\u3092\u4f34\u3046\u5f62\u3067\u6b63\u5f0f\u306b\u5c0e\u5165\u3057\u3088\u3046\u3068\u3057\u3066\u3044\u308b\u3002<\/li>\n\n\n\n<li class=\"\"><strong>\u201cMeme-driven liquidity strategy\u201d\u306e\u5236\u5ea6\u5316<\/strong> \u3000Memecoin\u3092\u5358\u306a\u308b\u904a\u3073\u3067\u306a\u304f\u3001<strong>\u6587\u5316\u30fb\u6d41\u52d5\u6027\u30fb\u63a1\u7528\u62e1\u5927\u306e\u6226\u7565\u7684\u30c4\u30fc\u30eb<\/strong>\u3068\u3057\u3066\u6271\u3046\u6d41\u308c\u306f\u3001Solana\uff08Bonk, Dogwifhat\uff09\u3084Base\uff08Brett\uff09\u306b\u3082\u898b\u3089\u308c\u308b\u3002 \u3000SNEK\u306f\u305d\u306eCardano\u7248\u3067\u3042\u308a\u3001\u3053\u306e\u63d0\u6848\u304c\u901a\u904e\u3059\u308c\u3070\u3001<strong>\u30ab\u30eb\u30c0\u30ce\u306b\u304a\u3051\u308bMemecoin\u7523\u696d\u306e\u5236\u5ea6\u7684\u652f\u63f4<\/strong>\u304c\u59cb\u307e\u308b\u3002<\/li>\n\n\n\n<li class=\"\"><strong>\u4e2d\u592e\u96c6\u6a29\u53d6\u5f15\u6240\uff08CEX\uff09\u3068\u306e\u6a4b\u6e21\u3057\u30e2\u30c7\u30eb\u306e\u78ba\u7acb<\/strong> \u3000Cardano\u306f\u9577\u3089\u304f\u300cCEX\u306b\u5f31\u3044\u300d\u30c1\u30a7\u30fc\u30f3\u3068\u898b\u3089\u308c\u3066\u304d\u305f\u304c\u3001 \u3000SNEK\u8ca1\u56e3\u306f\u904e\u53bb\u306bKraken, Kucoin, Crypto.com\u306e\u4e0a\u5834\u3092\u81ea\u529b\u3067\u5b9f\u73fe\u3057\u3066\u304a\u308a\u3001 \u3000\u4eca\u56de\u306e\u30ed\u30fc\u30f3\u306f<strong>CEX\u9023\u643a\u306e\u30ca\u30ec\u30c3\u30b8\u3092\u4f53\u7cfb\u5316\u30fb\u5171\u6709\u3059\u308b\u30d7\u30ed\u30b8\u30a7\u30af\u30c8<\/strong>\u3067\u3082\u3042\u308b\u3002 \u3000\u3053\u308c\u306fCardano\u30cd\u30a4\u30c6\u30a3\u30d6\u30c8\u30fc\u30af\u30f3\u306e\u300c\u696d\u754c\u6a19\u6e96\u4e0a\u5834\u30eb\u30fc\u30c8\u300d\u3092\u78ba\u7acb\u3059\u308b\u5e03\u77f3\u3068\u306a\u308b\u3002<\/li>\n<\/ol>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-b944721\" id=\"f09f92a1-e382abe383abe38380e3838ee381abe38282e3819fe38289e38195e3828ce3828be681a9e681b5-8\"><strong>\ud83d\udca1 \u30ab\u30eb\u30c0\u30ce\u306b\u3082\u305f\u3089\u3055\u308c\u308b\u6069\u6075<\/strong><\/h4>\n\n\n\n<figure class=\"wp-block-table deb-block deb-block-a46ed13\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>\u9805\u76ee<\/strong><\/th><th><strong>\u671f\u5f85\u3055\u308c\u308b\u52b9\u679c<\/strong><\/th><\/tr><\/thead><tbody><tr><td><strong>\u6d41\u52d5\u6027\u5f37\u5316<\/strong><\/td><td>ADA\u30da\u30a2\u53d6\u5f15\u306e\u5897\u52a0\u3001CEX\u6d41\u52d5\u6027\u306e\u62e1\u5927<\/td><\/tr><tr><td><strong>\u6587\u5316\u7684\u6d78\u900f<\/strong><\/td><td>Meme\u6587\u5316\u3092\u901a\u3058\u305f\u4e00\u822c\u5c64\u3078\u306e\u8a8d\u77e5\u62e1\u5927<\/td><\/tr><tr><td><strong>CNT\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306e\u30e2\u30c7\u30eb\u5316<\/strong><\/td><td>\u4ed6\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u3082\u4e0a\u5834\u30fb\u53ce\u76ca\u30e2\u30c7\u30eb\u3092\u5b66\u3079\u308b<\/td><\/tr><tr><td><strong>\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u8cc7\u91d1\u306e\u5faa\u74b0<\/strong><\/td><td>\u8fd4\u6e08\u578b\u30ed\u30fc\u30f3\u30e2\u30c7\u30eb\u306b\u3088\u308b\u518d\u6295\u8cc7\u53ef\u80fd\u6027<\/td><\/tr><tr><td><strong>\u5916\u90e8\u76e3\u67fb\u3068\u30ac\u30d0\u30ca\u30f3\u30b9\u6210\u719f<\/strong><\/td><td>Intersect\u30fb\u7b2c\u4e09\u8005\u76e3\u67fb\u30fb\u9867\u554f\u59d4\u54e1\u4f1a\u306b\u3088\u308b\u900f\u660e\u6027\u5411\u4e0a<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"deb-block deb-block-92901c4\">\u3064\u307e\u308a\u3001<strong>\u300cSNEK\u304cDOGE\u306e\u3088\u3046\u306bADA\u3092\u727d\u5f15\u3059\u308b\u300d<\/strong>\u3068\u3044\u3046\u6226\u7565\u304c\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-0cc9a21\">\u5236\u5ea6\u7684\u30ac\u30d0\u30ca\u30f3\u30b9\u306e\u67a0\u7d44\u307f\u5185\u3067\u516c\u5f0f\u306b\u8a8d\u3081\u3089\u308c\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-1411a19\" id=\"f09f8f9befb88f-e382ace38390e3838ae383b3e382b9e4b88ae381aee6848fe7bea9-9\"><strong>\ud83c\udfdb\ufe0f \u30ac\u30d0\u30ca\u30f3\u30b9\u4e0a\u306e\u610f\u7fa9<\/strong><\/h4>\n\n\n\n<p class=\"deb-block deb-block-d6b152a\">\u3053\u306e\u63d0\u6848\u304c\u63a1\u629e\u3055\u308c\u308c\u3070\u3001Cardano Treasury\u306e\u904b\u7528\u65b9\u91dd\u304c\u5927\u304d\u304f\u5909\u308f\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-182ce5f\">\u5f93\u6765\u306eCatalyst\u7684\u306a\u300c\u52a9\u6210\u91d1\u6587\u5316\u300d\u304b\u3089\u3001<strong>\u201c\u516c\u5171\u8cc7\u672c\u30d5\u30a1\u30f3\u30c9\uff08Public Capital Fund\uff09\u201d\u578b\u306e\u904b\u7528<\/strong>\u3078\u3068\u9032\u5316\u3059\u308b\u3053\u3068\u3092\u610f\u5473\u3059\u308b\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-c69c648\">\u3055\u3089\u306b\u3001Intersect\u304c\u6cd5\u7684\u30fb\u5951\u7d04\u7684\u306b\u904b\u7528\u3092\u76e3\u7763\u3059\u308b\u3053\u3068\u3067\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-998a909\">DAO\u8cc7\u91d1\u306b\u6cd5\u7684\u62d8\u675f\u529b\u3092\u6301\u305f\u305b\u308b\u65b0\u30e2\u30c7\u30eb\u304c\u5f62\u6210\u3055\u308c\u308b\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-6fd1c74\">\u3053\u308c\u306f\u3001<strong>\u516c\u5171\u30ac\u30d0\u30ca\u30f3\u30b9\u00d7\u6c11\u9593\u91d1\u878d\u306e\u878d\u5408\u30e2\u30c7\u30eb<\/strong>\u3068\u3057\u3066\u3001\u4ed6\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u306eDAO\u306b\u3082\u6ce2\u53ca\u3057\u5f97\u308b\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-c5ee173\" id=\"f09f94ad-e7b78fe8a995efbc9acardanoe381aee3808ce98791e89e8de79a84e68890e7869fe69c9fe3808de38292e5918ae38192e3828be68f90e6a188-10\"><strong>\ud83d\udd2d \u7dcf\u8a55\uff1aCardano\u306e\u300c\u91d1\u878d\u7684\u6210\u719f\u671f\u300d\u3092\u544a\u3052\u308b\u63d0\u6848<\/strong><\/h4>\n\n\n\n<p class=\"deb-block deb-block-bda3fb1\">SNEK\u8ca1\u56e3\u306e\u3053\u306e\u63d0\u6848\u306f\u5358\u306a\u308b\u30c8\u30fc\u30af\u30f3\u4e0a\u5834\u652f\u63f4\u3067\u306f\u306a\u304f\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-6df5dbf\"><strong>\u30ab\u30eb\u30c0\u30ce\u306e\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u3092\u300c\u81ea\u5df1\u56de\u5fa9\u30fb\u5faa\u74b0\u578b\u306e\u516c\u5171\u91d1\u878d\u30b7\u30b9\u30c6\u30e0\u300d\u306b\u9032\u5316\u3055\u305b\u308b\u5b9f\u9a13<\/strong>\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-21e9c27\">\u305d\u308c\u306f\u3064\u307e\u308a\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-c04e046\">\n<li class=\"\">DAO\u304c\u81ea\u3089\u878d\u8cc7\u3057\u3001\u8fd4\u6e08\u3092\u53d7\u3051\u308b\u3053\u3068\u3067\u516c\u5171\u8cc7\u91d1\u3092\u7dad\u6301\u30fb\u5897\u6b96\u3055\u305b\u308b\u3002<\/li>\n\n\n\n<li class=\"\">Meme\u6587\u5316\u3092\u30ab\u30eb\u30c0\u30ce\u306e\u7d4c\u6e08\u5165\u53e3\u3068\u3057\u3066\u5236\u5ea6\u7684\u306b\u8a8d\u3081\u308b\u3002<\/li>\n\n\n\n<li class=\"\">Intersect\u304c\u300c\u91d1\u878d\u6a5f\u95a2\u300d\u306b\u8fd1\u3044\u5f79\u5272\u3092\u679c\u305f\u3059\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-c8ad6e7\">\u3053\u3046\u3057\u305f\u52d5\u304d\u306f\u3001\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u30ac\u30d0\u30ca\u30f3\u30b9\u304c\u300c\u7406\u5ff5\u300d\u304b\u3089\u300c\u6301\u7d9a\u7684\u7d4c\u6e08\u8a2d\u8a08\u300d\u3078\u3068\u9032\u3080\u8c61\u5fb4\u3068\u3044\u3048\u308b\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-c858694\" id=\"e383aae382b9e382afe8a995e4bea1-11\"><strong>\u30ea\u30b9\u30af\u8a55\u4fa1<\/strong><\/h5>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-9f64158\">\n<li class=\"\"><strong>\u96c6\u4e2d\u30ea\u30b9\u30af<\/strong>\uff1aSNEK\u4e00\u6975\u4f9d\u5b58\u306f\u3001\u6587\u5316\u30fb\u4fa1\u683c\u30fb\u898f\u5236\u30b7\u30e7\u30c3\u30af\u306e\u6ce2\u53ca\u304c\u5927\u304d\u3044\u3002\u2192 \u516c\u52df\u5236\u30d5\u30ec\u30fc\u30e0\uff06\u8907\u7dda\u5316\u3067\u7de9\u548c\u3002<\/li>\n\n\n\n<li class=\"\"><strong>\u898f\u5236\u30fbCEX\u4f9d\u5b58<\/strong>\uff1a\u4e0a\u5834\u6226\u7565\u306f\u5bfe\u5916\u8981\u56e0\u306b\u5de6\u53f3\u3002\u2192 \u4ee3\u66ffKPI\uff08\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u6210\u9577\u30fbADA\u30da\u30a2\u62e1\u5145\uff09\u3092\u7528\u610f\u3002<\/li>\n\n\n\n<li class=\"\"><strong>\u60c5\u5831\u975e\u5bfe\u79f0<\/strong>\uff1a\u8cbb\u76ee\u79d8\u533f\u306f\u524d\u9032\u3092\u963b\u3080\u53ef\u80fd\u6027\u3002\u2192 \u5c01\u5370\u958b\u793a\uff0b\u76e3\u67fb\u8981\u7d04\u3067\u30d0\u30e9\u30f3\u30b9\u3002<\/li>\n\n\n\n<li class=\"\"><strong>\u30e2\u30e9\u30eb\u30cf\u30b6\u30fc\u30c9<\/strong>\uff1a\u516c\u5171\u8cc7\u91d1\u306e\u201c\u5ba3\u4f1d\u8cbb\u5316\u201d\u3002\u2192 \u5e02\u5834\u64cd\u4f5c\u7981\u6b62\u30fbKPI\u9023\u52d5\u30fb\u30c8\u30e9\u30f3\u30b7\u30a7\u505c\u6b62\u6761\u9805\u3002<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity deb-block deb-block-e0748fe\"\/>\n\n\n\n<h3 class=\"wp-block-heading deb-block deb-block-7eeba8b\" id=\"f09f97b3efb88fsipo-drep-e68a95e7a5a8e382b3e383a1e383b3e38388efbc9ae3808eloan-e282b35000000-to-expand-cardanos-global-listingse3808fe381abe5afbe-12\">\ud83d\uddf3\ufe0f<strong>SIPO DRep \u6295\u7968\u30b3\u30e1\u30f3\u30c8\uff1a\u300eLoan \u20b35,000,000 to Expand Cardano\u2019s Global Listings\u300f\u306b\u5bfe\u3057\u3066 Abstain\uff08\u68c4\u6a29\uff09<\/strong><\/h3>\n\n\n\n<p class=\"deb-block deb-block-ac0b9b5\">SIPO\u306f\u3001\u4eca\u56de\u306e\u63d0\u6848\u306b\u5bfe\u3057\u3066\u300cAbstain\uff08\u68c4\u6a29\uff09\u300d\u306e\u7acb\u5834\u3092\u53d6\u308a\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-ae85159\">\u7406\u7531\u306f\u3068\u3066\u3082\u30b7\u30f3\u30d7\u30eb\u3067\u3001\u3053\u306e\u63d0\u6848\u304c\u6301\u3064<strong>\u524d\u5411\u304d\u306a\u9769\u65b0\u6027<\/strong>\u3068\u3001\u540c\u6642\u306b\u611f\u3058\u308b<strong>\u5236\u5ea6\u7684\u306a\u30ea\u30b9\u30af<\/strong>\u306e\u4e21\u65b9\u3092\u614e\u91cd\u306b\u898b\u6975\u3081\u305f\u3044\u3068\u8003\u3048\u305f\u304b\u3089\u3067\u3059\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-9afc85f\" id=\"e383ade383bce383b3e59e8be38388e383ace382b8e383a3e383aae383bce383a2e38387e383abe381a8e38184e38186e5898de980b2-13\"><strong>\u30ed\u30fc\u30f3\u578b\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u30e2\u30c7\u30eb\u3068\u3044\u3046\u524d\u9032<\/strong><\/h4>\n\n\n\n<p class=\"deb-block deb-block-f0272f3\">\u307e\u305a\u3001SIPO\u306f\u3053\u306e\u63d0\u6848\u3067\u793a\u3055\u308c\u305f\u300c<strong>\u5229\u606f\u4ed8\u304d\u30ed\u30fc\u30f3\u578b\u306e\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u6d3b\u7528<\/strong>\u300d\u3068\u3044\u3046\u30a2\u30a4\u30c7\u30a2\u3092\u9ad8\u304f\u8a55\u4fa1\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-bb62f33\">\u30ab\u30eb\u30c0\u30ce\u306e\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u8cc7\u91d1\u3092\u201c\u52a9\u6210\u91d1\u3068\u3057\u3066\u4f7f\u3044\u5207\u308b\u201d\u306e\u3067\u306f\u306a\u304f\u3001\u201c\u8fd4\u6e08\u306b\u3088\u3063\u3066\u5faa\u74b0\u3055\u305b\u308b\u201d\u3068\u3044\u3046\u767a\u60f3\u306f\u3001\u307e\u3055\u306b\u6b21\u306e\u6642\u4ee3\u306e\u30ac\u30d0\u30ca\u30f3\u30b9\u306b\u3075\u3055\u308f\u3057\u3044\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-1697dd6\">\u52a9\u6210\u91d1\u30e2\u30c7\u30eb\u304b\u3089\u4e00\u6b69\u9032\u3093\u3067\u3001<strong>\u516c\u5171\u8cc7\u91d1\u3092\u6301\u7d9a\u7684\u306b\u56de\u3059\u4ed5\u7d44\u307f<\/strong>\u304c\u5c0e\u5165\u3055\u308c\u308c\u3070\u3001\u30ab\u30eb\u30c0\u30ce\u306e\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306f\u3088\u308a\u81ea\u7acb\u7684\u3067\u5f37\u3044\u7d4c\u6e08\u57fa\u76e4\u3092\u7bc9\u304f\u3053\u3068\u304c\u3067\u304d\u308b\u306f\u305a\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-c38987e\">\u305d\u3046\u3057\u305f\u610f\u5473\u3067\u3001\u3053\u306e\u63d0\u6848\u304c\u300c\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u306e\u6210\u719f\u300d\u3092\u8c61\u5fb4\u3059\u308b\u6311\u6226\u3067\u3042\u308b\u3053\u3068\u306f\u9593\u9055\u3044\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-3cd379b\" id=\"e3819fe381a0e38197e38081e3808csneke789b9e4be8be58c96e3808de381abe381afe6858ee9878de381a7e38182e3828be381b9e3818d-14\"><strong>\u305f\u3060\u3057\u3001\u300cSNEK\u7279\u4f8b\u5316\u300d\u306b\u306f\u614e\u91cd\u3067\u3042\u308b\u3079\u304d<\/strong><\/h4>\n\n\n\n<p class=\"deb-block deb-block-afb4f61\">\u4e00\u65b9\u3067\u3001SIPO\u304c\u68c4\u6a29\u3092\u9078\u3093\u3060\u7406\u7531\u306f\u3001\u3053\u306e\u63d0\u6848\u304c<strong>SNEK\u3068\u3044\u3046\u7279\u5b9a\u30c8\u30fc\u30af\u30f3\u3092\u5236\u5ea6\u7684\u306b\u512a\u9047\u3057\u3066\u3057\u307e\u3046\u69cb\u9020<\/strong>\u3092\u6301\u3063\u3066\u3044\u308b\u3053\u3068\u306b\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-4635ff0\">SNEK\u306f\u3053\u308c\u307e\u3067\u3001\u30ab\u30eb\u30c0\u30ce\u3092\u4ee3\u8868\u3059\u308b\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u30c8\u30fc\u30af\u30f3\u3068\u3057\u3066\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-947b1f8\">\u30fb\u8907\u6570\u306eTier1\u53d6\u5f15\u6240\u4e0a\u5834\uff08Kraken\u3001Crypto.com\u3001Kucoin\uff09\u3092\u5b9f\u73fe\u3057\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-0d2ec18\">\u30fb\u6570\u4e07\u4eba\u898f\u6a21\u306e\u4fdd\u6709\u8005\u3092\u6301\u3061\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-09aaf92\">\u30fbCardano\u306e\u77e5\u540d\u5ea6\u3092\u5e83\u3052\u308b\u201c\u8c61\u5fb4\u7684\u5b58\u5728\u201d\u3068\u306a\u3063\u3066\u304d\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-95a2f8f\">\u305d\u306e\u5b9f\u7e3e\u306f\u7d20\u6674\u3089\u3057\u3044\u3082\u306e\u3067\u3059\u304c\u3001\u30ab\u30eb\u30c0\u30ce\u306e\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u8cc7\u91d1\u304c<strong>\u4e00\u3064\u306eMeme\u30c8\u30fc\u30af\u30f3\u3060\u3051\u3092\u5bfe\u8c61\u306b\u878d\u8cc7\u3059\u308b\u524d\u4f8b<\/strong>\u3092\u4f5c\u308b\u3053\u3068\u306f\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-8de6f91\">\u5c06\u6765\u7684\u306a\u516c\u5e73\u6027\u3084\u900f\u660e\u6027\u306e\u89b3\u70b9\u304b\u3089\u614e\u91cd\u306b\u691c\u8a0e\u3059\u308b\u5fc5\u8981\u304c\u3042\u308b\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-f0c402a\">\u3082\u3057\u300cMeme\u6587\u5316\u3092\u30ab\u30eb\u30c0\u30ce\u306e\u7d4c\u6e08\u5165\u53e3\u3068\u3057\u3066\u5236\u5ea6\u7684\u306b\u53d6\u308a\u8fbc\u3080\u300d\u306e\u3067\u3042\u308c\u3070\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-2875a1c\">\u305d\u308c\u306f\u7279\u5b9a\u30c8\u30fc\u30af\u30f3\u3092\u6052\u4e45\u7684\u306b\u652f\u63f4\u3059\u308b\u5f62\u3067\u306f\u306a\u304f\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-bb62e8d\"><strong>\u8ab0\u3067\u3082\u5fdc\u52df\u3067\u304d\u308b\u900f\u660e\u306a\u67a0\u7d44\u307f\uff08\u30aa\u30fc\u30d7\u30f3\u30d5\u30ec\u30fc\u30e0\uff09<\/strong>\u3068\u3057\u3066\u8a2d\u8a08\u3055\u308c\u308b\u3079\u304d\u3067\u3059\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-cbe8661\" id=\"sipoe381aee7ab8be5a0b4-15\"><strong>SIPO\u306e\u7acb\u5834<\/strong><\/h4>\n\n\n\n<p class=\"deb-block deb-block-1d024dd\">SIPO\u306f\u3001\u3053\u306e\u63d0\u6848\u306e\u300c\u65b9\u5411\u6027\u300d\u81ea\u4f53\u306b\u306f\u8cdb\u540c\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-8c96ffa\">\u30ab\u30eb\u30c0\u30ce\u306e\u30ac\u30d0\u30ca\u30f3\u30b9\u304c\u201c\u52a9\u6210\u91d1\u304b\u3089\u6295\u8cc7\u578b\u3078\u201d\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-f7dc279\">\u305d\u3057\u3066\u201c\u5358\u767a\u304b\u3089\u5faa\u74b0\u3078\u201d\u3068\u9032\u5316\u3057\u3066\u3044\u304f\u6d41\u308c\u3092\u6b53\u8fce\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-3d60434\">\u305f\u3060\u3057\u3001\u305d\u306e\u7b2c\u4e00\u6b69\u3068\u3057\u3066<strong>SNEK\u5358\u4f53\u6848\u4ef6\u304c\u5236\u5ea6\u5316\u3055\u308c\u308b\u3053\u3068<\/strong>\u306b\u306f\u3001\u4e00\u5ea6\u7acb\u3061\u6b62\u307e\u3063\u3066\u8003\u3048\u308b\u5fc5\u8981\u304c\u3042\u308b\u3068\u601d\u3044\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-ac42a39\">\u30ab\u30eb\u30c0\u30ce\u306e\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u306f\u3001\u7279\u5b9a\u306e\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u306e\u305f\u3081\u306b\u3042\u308b\u306e\u3067\u306f\u306a\u304f\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-36d657d\">\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u5168\u4f53\u306e\u516c\u5e73\u3067\u6301\u7d9a\u7684\u306a\u767a\u5c55\u3092\u652f\u3048\u308b\u201c\u516c\u5171\u8cc7\u672c\u201d\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-fb2bdb9\">\u305d\u306e\u7406\u5ff5\u3092\u5b88\u308b\u305f\u3081\u306b\u3001\u4eca\u56de\u306f\u3042\u3048\u3066\u4e2d\u7acb\u7684\u306a\u300cAbstain\u300d\u3092\u9078\u629e\u3057\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-1f395fe\" id=\"e4bb8ae5be8ce381b8e381aee69c9fe5be85-16\"><strong>\u4eca\u5f8c\u3078\u306e\u671f\u5f85<\/strong><\/h4>\n\n\n\n<p class=\"deb-block deb-block-a6b71ad\">SIPO\u3068\u3057\u3066\u306f\u3001\u3053\u306e\u63d0\u6848\u304c<strong>\u300c\u30ed\u30fc\u30f3\u578b\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u306e\u30d1\u30a4\u30ed\u30c3\u30c8\u4e8b\u4f8b\u300d<\/strong>\u3068\u3057\u3066\u6271\u308f\u308c\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-5299e0b\">\u5b9f\u65bd\u5f8c\u306b\u306f\u8fd4\u6e08\u30fb\u6210\u679c\u30fb\u76e3\u67fb\u306e\u3059\u3079\u3066\u304c\u660e\u78ba\u306b\u5831\u544a\u3055\u308c\u308b\u3053\u3068\u3092\u671f\u5f85\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-9c18b35\">\u305d\u3057\u3066\u3001\u4eca\u56de\u306e\u7d4c\u9a13\u304c<strong>\u4ed6\u306eCardano\u30cd\u30a4\u30c6\u30a3\u30d6\u30c8\u30fc\u30af\u30f3\u306b\u3082\u5fdc\u7528\u3067\u304d\u308b\u5236\u5ea6\u7684\u4ed5\u7d44\u307f<\/strong>\u3078\u3068\u767a\u5c55\u3057\u3066\u3044\u304f\u3053\u3068\u3092\u9858\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-3386716\">\u516c\u5e73\u3067\u518d\u73fe\u6027\u306e\u3042\u308b\u30e2\u30c7\u30eb\u304c\u6574\u3048\u3070\u3001\u30ab\u30eb\u30c0\u30ce\u5168\u4f53\u306e\u6210\u9577\u30b9\u30d4\u30fc\u30c9\u306f\u3082\u3063\u3068\u52a0\u901f\u3059\u308b\u306f\u305a\u3067\u3059\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-590bb80\" id=\"e381bee381a8e38281-17\"><strong>\u307e\u3068\u3081<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-8116fd6\">\n<li class=\"\">\u30ed\u30fc\u30f3\u578b\u306e\u767a\u60f3\u306f\u7d20\u6674\u3089\u3057\u3044\u524d\u9032\u3002<\/li>\n\n\n\n<li class=\"\">\u305f\u3060\u3057\u3001SNEK\u306e\u307f\u3092\u7279\u4f8b\u7684\u306b\u6271\u3046\u5236\u5ea6\u5316\u306b\u306f\u614e\u91cd\u3055\u304c\u5fc5\u8981\u3002<\/li>\n\n\n\n<li class=\"\">\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u3092\u300c\u516c\u5171\u8cc7\u672c\u300d\u3068\u3057\u3066\u5faa\u74b0\u3055\u305b\u308b\u65b9\u5411\u6027\u306b\u306f\u8cdb\u6210\u3002<\/li>\n\n\n\n<li class=\"\">\u4eca\u56de\u306f\u4e2d\u7acb\u306e\u7acb\u5834\u304b\u3089\u300cAbstain\uff08\u68c4\u6a29\uff09\u300d\u3092\u9078\u629e\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-432e4bd\">SIPO\u306f\u3001\u3053\u306e\u63d0\u6848\u3092<strong>\u30ab\u30eb\u30c0\u30ce\u306e\u516c\u5171\u91d1\u878d\u9032\u5316\u306e\u7b2c\u4e00\u6b69<\/strong>\u3068\u3057\u3066\u524d\u5411\u304d\u306b\u898b\u5b88\u308a\u3064\u3064\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-43098e2\">\u5236\u5ea6\u306e\u516c\u5e73\u6027\u30fb\u518d\u73fe\u6027\u30fb\u900f\u660e\u6027\u304c\u3088\u308a\u78ba\u7acb\u3055\u308c\u308b\u672a\u6765\u3092\u671f\u5f85\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity deb-block deb-block-854a6e2\"\/>\n\n\n\n<h3 class=\"wp-block-heading deb-block deb-block-712fc2b\" id=\"f09f97b3efb88fsipo-drep-statement-loan-e282b35000000-to-expand-cardanos-global-listings-abstain-18\"><strong>\ud83d\uddf3\ufe0fSIPO DRep Statement: \u201cLoan \u20b35,000,000 to Expand Cardano\u2019s Global Listings\u201d \u2014 Abstain<\/strong><\/h3>\n\n\n\n<p class=\"deb-block deb-block-e4c5fb5\">SIPO has decided to <strong>Abstain<\/strong> from voting on this proposal.<\/p>\n\n\n\n<p class=\"deb-block deb-block-95374e0\">Our decision reflects both appreciation for its <strong>innovative spirit<\/strong> and caution regarding its <strong>institutional and fairness implications<\/strong>.<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-3627a01\" id=\"recognizing-the-progress-of-a-loan-based-treasury-19\"><strong>Recognizing the Progress of a Loan-Based Treasury<\/strong><\/h4>\n\n\n\n<p class=\"deb-block deb-block-9afad8d\">First, I want to say that I truly value the <strong>loan-based treasury model<\/strong> introduced in this proposal.<\/p>\n\n\n\n<p class=\"deb-block deb-block-334434e\">Transforming Cardano\u2019s treasury from a one-way grant pool into a <strong>self-replenishing public fund<\/strong> is a major milestone in governance evolution.<\/p>\n\n\n\n<p class=\"deb-block deb-block-a1e0196\">If successful, this model could allow treasury capital to <strong>circulate<\/strong>\u2014being invested, repaid, and reinvested\u2014creating sustainable growth for the Cardano ecosystem.<\/p>\n\n\n\n<p class=\"deb-block deb-block-1f7aeab\">From a governance standpoint, this represents genuine maturity and fiscal responsibility, and I fully support that direction.<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-b15b2e0\" id=\"why-we-must-be-careful-about-the-snek-exception-20\"><strong>Why We Must Be Careful About the \u201cSNEK Exception\u201d<\/strong><\/h4>\n\n\n\n<p class=\"deb-block deb-block-180d9c7\">At the same time, I believe we need to be very careful about <strong>institutionalizing a single project<\/strong>\u2014in this case, SNEK.<\/p>\n\n\n\n<p class=\"deb-block deb-block-9572988\">SNEK has achieved remarkable things for Cardano:<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-b85490f\">\n<li class=\"\">Multiple Tier-1 listings (Kraken, Crypto.com, KuCoin);<\/li>\n\n\n\n<li class=\"\">Tens of thousands of holders;<\/li>\n\n\n\n<li class=\"\">And strong cultural impact inside and outside the ecosystem.<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-66a4841\">However, if the treasury begins directly financing one specific meme token, it could set a precedent that challenges <strong>fairness and neutrality<\/strong> within Cardano governance.<\/p>\n\n\n\n<p class=\"deb-block deb-block-f6d2b82\">If Cardano is to formally recognize meme culture as a valid economic on-ramp, that should happen through a <strong>transparent and open framework<\/strong>\u2014one that any qualified project could apply for, not just SNEK.<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-806e7a6\" id=\"sipos-view-21\"><strong>SIPO\u2019s View<\/strong><\/h4>\n\n\n\n<p class=\"deb-block deb-block-0947c72\">I support the <strong>direction<\/strong> of this proposal: bringing accountability, repayment, and legal structure to treasury use.<\/p>\n\n\n\n<p class=\"deb-block deb-block-a681c62\">It shows Cardano evolving from \u201cfunding\u201d to \u201cfinance.\u201d<\/p>\n\n\n\n<p class=\"deb-block deb-block-fbd7431\">But as the first-ever loan-based treasury action, this case will set a precedent.<\/p>\n\n\n\n<p class=\"deb-block deb-block-449d383\">It\u2019s important that the precedent defines <strong>a process<\/strong>, not <strong>a privileged project<\/strong>.<\/p>\n\n\n\n<p class=\"deb-block deb-block-fef2996\">That\u2019s why I decided to take a neutral stance\u2014<strong>Abstain<\/strong>\u2014rather than a direct yes or no.<\/p>\n\n\n\n<p class=\"deb-block deb-block-1d013c9\">This is not opposition; it\u2019s a pause for reflection to ensure we establish the right foundation for fairness and replicability.<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-0d329d7\" id=\"what-i-hope-to-see-next-22\"><strong>What I Hope to See Next<\/strong><\/h4>\n\n\n\n<p class=\"deb-block deb-block-caf668d\">I hope this initiative will be treated as a <strong>pilot program<\/strong>\u2014<\/p>\n\n\n\n<p class=\"deb-block deb-block-0fe829f\">with transparent follow-up reporting, repayment audits, and a public review of its outcomes.<\/p>\n\n\n\n<p class=\"deb-block deb-block-4bf0c18\">If it works, I hope to see the same loan framework extended to other Cardano-native tokens and ecosystem builders through open calls and objective criteria.<\/p>\n\n\n\n<p class=\"deb-block deb-block-3bcbd30\">That\u2019s how Cardano can grow both <strong>responsibly and inclusively<\/strong>.<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-aa865e5\" id=\"summary-23\"><strong>Summary<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-2ff7f83\">\n<li class=\"\">The loan-based treasury model: a great innovation and a positive step forward.<\/li>\n\n\n\n<li class=\"\">The institutional focus on SNEK: needs careful consideration for fairness.<\/li>\n\n\n\n<li class=\"\">The direction: good, but the precedent must be set through process, not preference.<\/li>\n\n\n\n<li class=\"\">SIPO\u2019s vote: <strong>Abstain<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-a364f99\">I see this proposal as a meaningful experiment in Cardano\u2019s financial governance\u2014<\/p>\n\n\n\n<p class=\"deb-block deb-block-37215fe\">a first step toward a sustainable, transparent, and self-renewing public treasury system.<\/p>\n\n\n\n<p class=\"deb-block deb-block-8d58721\">SIPO will continue to support initiatives that pursue those principles with openness and fairness at their core.<\/p>\n","protected":false},"excerpt":{"rendered":"\ud83e\udded \u300cLoan \u20b35,000,000 to Expand Cardano\u2019s Global Listings\u300d\u63d0\u6848\u306e\u6982\u8981 \u63d0\u6848\u540d\uff1a Loan \u20b35,000,000 to Expand Cardano\u2019s Global Listings \u63d0\u6848\u8005\uff1a Snek Foundation \u63d0\u6848\u7a2e\u5225\uff1a Treasury Withdrawal\uff08\u8ca1\u52d9\u7701\u8cc7\u91d1\u306e\u5f15\u304d\u51fa\u3057\uff09 \u91d1\u984d\uff1a \u20b35,000,000 \u91d1\u5229\uff1a \u5e742.44%\uff08\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u5831\u916c2.37%\uff0b\u5584\u610f\u4e0a\u4e57\u305b0.07%\uff09 \u8fd4\u6e08\u671f\u9650\uff1a 5\u5e74\u4ee5\u5185\uff083\u5e74\u76ee\u304b\u3089\u8fd4\u6e08\u958b\u59cb\uff09 \u7ba1\u7406\uff1a Intersect\uff08\u76e3\u67fb\u30fb\u5951\u7d04\u57f7\u884c\uff09 \u52a9\u8a00\u59d4\u54e1\u4f1a\uff1a Tal Cohen\uff08\u5143Kraken CEO\uff09\u3001Phillip Pon\uff08EMUR&hellip;","protected":false},"author":1,"featured_media":43738,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[307,21,35,28,1],"tags":[],"class_list":{"0":"post-43736","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-drep","8":"category-21","9":"category-blog","10":"category-28","11":"category-japanese"},"featured_image_urls":{"full":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03.png",1792,1024,false],"thumbnail":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-150x150.png",150,150,true],"medium":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-300x171.png",300,171,true],"medium_large":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-768x439.png",768,439,true],"large":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-1024x585.png",900,514,true],"1536x1536":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-1536x878.png",1536,878,true],"2048x2048":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03.png",1792,1024,false],"dp-widget-thumb":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-140x96.png",140,96,true],"dp-widget-thumb-2x":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-280x192.png",280,192,true],"dp-related-thumb":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-250x154.png",250,154,true],"dp-related-thumb-2x":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-500x308.png",500,308,true],"dp-archive-thumb":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-450x257.png",450,257,true],"dp-archive-thumb-2x":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/11\/SIPO-DRep_20251104_03-900x514.png",900,514,true]},"category_list":"<a href=\"https:\/\/sipo.tokyo\/?cat=307\" rel=\"category\">DRep<\/a>, <a href=\"https:\/\/sipo.tokyo\/?cat=21\" rel=\"category\">\u30cb\u30e5\u30fc\u30b9<\/a>, <a href=\"https:\/\/sipo.tokyo\/?cat=35\" rel=\"category\">\u30d6\u30ed\u30b0<\/a>, <a href=\"https:\/\/sipo.tokyo\/?cat=28\" rel=\"category\">\u6295\u7a3f\u8a18\u4e8b<\/a>, <a href=\"https:\/\/sipo.tokyo\/?cat=1\" rel=\"category\">\u65e5\u672c\u8a9e\u7248<\/a>","author_info":{"name":"sition","url":"https:\/\/sipo.tokyo\/?author=1"},"comments_num":"0 comments","_links":{"self":[{"href":"https:\/\/sipo.tokyo\/index.php?rest_route=\/wp\/v2\/posts\/43736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sipo.tokyo\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sipo.tokyo\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sipo.tokyo\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sipo.tokyo\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43736"}],"version-history":[{"count":4,"href":"https:\/\/sipo.tokyo\/index.php?rest_route=\/wp\/v2\/posts\/43736\/revisions"}],"predecessor-version":[{"id":43741,"href":"https:\/\/sipo.tokyo\/index.php?rest_route=\/wp\/v2\/posts\/43736\/revisions\/43741"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sipo.tokyo\/index.php?rest_route=\/wp\/v2\/media\/43738"}],"wp:attachment":[{"href":"https:\/\/sipo.tokyo\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sipo.tokyo\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sipo.tokyo\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}