{"id":44462,"date":"2025-12-19T09:47:15","date_gmt":"2025-12-19T00:47:15","guid":{"rendered":"https:\/\/sipo.tokyo\/?p=44462"},"modified":"2025-12-19T09:47:16","modified_gmt":"2025-12-19T00:47:16","slug":"post-44462","status":"publish","type":"post","link":"https:\/\/sipo.tokyo\/?p=44462","title":{"rendered":"SIPO DRep\u300cCARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.4\u300d\u89e3\u8aac\u3068\u300cYes\u300d\u6295\u7968\u306e\u7406\u7531"},"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=\"#sipo-drepe3808ccardano-blockchain-ecosystem-constitution-v2-4e3808de8a7a3e8aaace381a8e3808cyese3808de68a95e7a5a8e381aee79086e794b1-1\">SIPO DRep\u300cCARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.4\u300d\u89e3\u8aac\u3068\u300cYes\u300d\u6295\u7968\u306e\u7406\u7531<\/a><ul><li><a href=\"#cardano-blockchain-ecosystem-constitution-v2-4efbc9ae8a7a3e8aaac-2\">CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.4\uff1a\u89e3\u8aac<\/a><ul><li><a href=\"#e291a0-e68f90e6a188e58685e5aeb9e381aee8a9b3e7b4b0e58886e69e90efbc88constitution-v2-4e381a8e381afe4bd95e3818befbc89-3\">\u2460 \u63d0\u6848\u5185\u5bb9\u306e\u8a73\u7d30\u5206\u6790\uff08Constitution v2.4\u3068\u306f\u4f55\u304b\uff09<\/a><ul><li><a href=\"#1-e38193e381aee68f90e6a188e381aee69cace8b3aa-4\">1. \u3053\u306e\u63d0\u6848\u306e\u672c\u8cea<\/a><\/li><li><a href=\"#2-e5898ae999a4e38195e3828ce3819fe8a681e7b4a0e381aee6848fe591b3-5\">2. \u524a\u9664\u3055\u308c\u305f\u8981\u7d20\u306e\u610f\u5473<\/a><\/li><li><a href=\"#3-e8bfbde58aa0e383bbe5bcb7e58c96e38195e3828ce3819fe8a681e7b4a0e381aee6848fe591b3-6\">3. \u8ffd\u52a0\u30fb\u5f37\u5316\u3055\u308c\u305f\u8981\u7d20\u306e\u610f\u5473<\/a><\/li><li><a href=\"#4-emurgoe38395e382a3e383bce38389e38390e38383e382afe381aee58f8de698a0-7\">4. EMURGO\u30d5\u30a3\u30fc\u30c9\u30d0\u30c3\u30af\u306e\u53cd\u6620<\/a><\/li><\/ul><\/li><li><a href=\"#e291a1-e38396e383ade38383e382afe38381e382a7e383bce383b3e585a8e888ace381abe3818ae38191e3828be69c80e696b0e381aee4bd8de7bdaee4bb98e38191-8\">\u2461 \u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u5168\u822c\u306b\u304a\u3051\u308b\u6700\u65b0\u306e\u4f4d\u7f6e\u4ed8\u3051<\/a><ul><li><a href=\"#1-e4bb96e38381e382a7e383bce383b3e381a8e381aee6af94e8bc83-9\">1. \u4ed6\u30c1\u30a7\u30fc\u30f3\u3068\u306e\u6bd4\u8f03<\/a><\/li><li><a href=\"#2-e3808cdao-2-0e3808de3818be38289e3808ce588b6e5baa6e58c96daoe3808de381b8e381aee980b2e58c96-10\">2. \u300cDAO 2.0\u300d\u304b\u3089\u300c\u5236\u5ea6\u5316DAO\u300d\u3078\u306e\u9032\u5316<\/a><\/li><\/ul><\/li><li><a href=\"#e291a2-cardanoe381abe38282e3819fe38289e38195e3828ce3828be681a9e681b5-11\">\u2462 Cardano\u306b\u3082\u305f\u3089\u3055\u308c\u308b\u6069\u6075<\/a><\/li><li><a href=\"#e7b78fe68bac-12\">\u7dcf\u62ec<\/a><\/li><li><a href=\"#sipo-drepefbc88e8b39be68890efbc89efbc9acardanoe686b2e6b395-v2-4-e38292e381a9e38186e8a68be3828be3818be28095-e382ace38390e3838ae383b3e382b9-13\">SIPO Drep\uff08\u8cdb\u6210\uff09\uff1aCardano\u61b2\u6cd5 v2.4 \u3092\u3069\u3046\u898b\u308b\u304b\u2015 \u30ac\u30d0\u30ca\u30f3\u30b9\u3092\u300c\u7406\u60f3\u300d\u304b\u3089\u300c\u5236\u5ea6\u300d\u3078\u9032\u3081\u308b\u91cd\u8981\u306a\u4e00\u6b69<\/a><ul><li><a href=\"#constitution-v2-4-e381a8e381afe4bd95e3818b-14\">Constitution v2.4 \u3068\u306f\u4f55\u304b<\/a><\/li><li><a href=\"#e381aae3819ce3808ce69c9fe5be85e3808de38284e3808ce68ea8e5a5a8e3808de38292e5898ae999a4e38197e3819fe381aee3818b-15\">\u306a\u305c\u300c\u671f\u5f85\u300d\u3084\u300c\u63a8\u5968\u300d\u3092\u524a\u9664\u3057\u305f\u306e\u304b<\/a><\/li><li><a href=\"#budget-info-action-e5bb83e6ada2e381a8treasurye382ace38390e3838ae383b3e382b9-16\">Budget Info Action \u5ec3\u6b62\u3068Treasury\u30ac\u30d0\u30ca\u30f3\u30b9<\/a><\/li><li><a href=\"#e68f90e6a188e38389e382ade383a5e383a1e383b3e38388e381aee3808ce4b88de58fafe5a489e680a7e3808de3818ce68c81e381a4e6848fe591b3-17\">\u63d0\u6848\u30c9\u30ad\u30e5\u30e1\u30f3\u30c8\u306e\u300c\u4e0d\u53ef\u5909\u6027\u300d\u304c\u6301\u3064\u610f\u5473<\/a><\/li><li><a href=\"#emurgoe381aee38395e382a3e383bce38389e38390e38383e382afe38292e58f8de698a0e38197e3819fe782b9e381abe381a4e38184e381a6-18\">EMURGO\u306e\u30d5\u30a3\u30fc\u30c9\u30d0\u30c3\u30af\u3092\u53cd\u6620\u3057\u305f\u70b9\u306b\u3064\u3044\u3066<\/a><\/li><li><a href=\"#sipo-drepe381a8e38197e381a6e381aee382b9e382bfe383b3e382b9-19\">SIPO DRep\u3068\u3057\u3066\u306e\u30b9\u30bf\u30f3\u30b9<\/a><\/li><\/ul><\/li><li><a href=\"#sipo-drepefbc88yesefbc89efbc9ahow-sipo-views-cardano-constitution-v2-4-20\">SIPO Drep\uff08Yes\uff09\uff1aHow SIPO Views Cardano Constitution v2.4<\/a><ul><li><a href=\"#a-step-from-ideals-to-institutional-governance-21\">A Step from Ideals to Institutional Governance<\/a><\/li><li><a href=\"#what-is-constitution-v2-4-22\">What Is Constitution v2.4?<\/a><\/li><li><a href=\"#why-remove-expectations-and-encouragements-23\">Why Remove \u201cExpectations\u201d and \u201cEncouragements\u201d?<\/a><\/li><li><a href=\"#treasury-governance-and-the-removal-of-budget-info-action-24\">Treasury Governance and the Removal of Budget Info Action<\/a><\/li><li><a href=\"#the-importance-of-proposal-immutability-25\">The Importance of Proposal Immutability<\/a><\/li><li><a href=\"#incorporating-emurgo-feedback-26\">Incorporating EMURGO Feedback<\/a><\/li><li><a href=\"#sipo-dreps-final-position-27\">SIPO DRep\u2019s Final Position<\/a><\/li><\/ul><\/div><h2 class=\"wp-block-heading deb-block deb-block-a72ac08\" id=\"sipo-drepe3808ccardano-blockchain-ecosystem-constitution-v2-4e3808de8a7a3e8aaace381a8e3808cyese3808de68a95e7a5a8e381aee79086e794b1-1\">SIPO DRep\u300cCARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.4\u300d\u89e3\u8aac\u3068\u300cYes\u300d\u6295\u7968\u306e\u7406\u7531<\/h2>\n\n\n\n<h3 class=\"wp-block-heading deb-block deb-block-c7dc04c\" id=\"cardano-blockchain-ecosystem-constitution-v2-4efbc9ae8a7a3e8aaac-2\">CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.4\uff1a\u89e3\u8aac<\/h3>\n\n\n\n<p class=\"deb-block deb-block-5d4b095\">\u4ee5\u4e0b\u3067\u306f\u3001<strong><a href=\"https:\/\/gov.tools\/connected\/governance_actions\/91a79f5c934b7c91e3027736d565080c2b6611fb8484b1156fdf16121fcfb410#0\" data-type=\"link\" data-id=\"https:\/\/gov.tools\/connected\/governance_actions\/91a79f5c934b7c91e3027736d565080c2b6611fb8484b1156fdf16121fcfb410#0\">CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.4<\/a><\/strong> \u3092\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-3d8f54c\">\u2460\u63d0\u6848\u5185\u5bb9\u306e\u8a73\u7d30\u6574\u7406<\/p>\n\n\n\n<p class=\"deb-block deb-block-49b0a3c\">\u2461\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u5168\u4f53\u306b\u304a\u3051\u308b\u6700\u65b0\u306e\u4f4d\u7f6e\u4ed8\u3051<\/p>\n\n\n\n<p class=\"deb-block deb-block-f354fec\">\u2462Cardano\u306b\u3082\u305f\u3089\u3055\u308c\u308b\u5177\u4f53\u7684\u306a\u6069\u6075<\/p>\n\n\n\n<p class=\"deb-block deb-block-85a5009\">\u3068\u3044\u30463\u3064\u306e\u89b3\u70b9\u304b\u3089\u3001\u4f53\u7cfb\u7684\u306b\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-926b621\">Submitted:\u00a018th Dec 2025\u00a0(Epoch 601)Expires:\u00a020th Jan 2026\u00a0(Epoch 608)<\/p>\n\n\n\n<p class=\"deb-block deb-block-7c25192\">Governance Action ID:<br><a href=\"http:\/\/gov_action1jxne7hynfd7frcczwumd2eggps4kvy0msjztz9t0mutpy870ksgqqp6vp3p\">gov_action1jxne7hynfd7frcczwumd2eggps4kvy0msjztz9t0mutpy870ksgqqp6vp3p<\/a><\/p>\n\n\n\n<p class=\"deb-block deb-block-e992718\">Legacy Governance Action ID (CIP-105):<br><a href=\"http:\/\/91a79f5c934b7c91e3027736d565080c2b6611fb8484b1156fdf16121fcfb410#0\">91a79f5c934b7c91e3027736d565080c2b6611fb8484b1156fdf16121fcfb410#0<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-91683fd\" id=\"e291a0-e68f90e6a188e58685e5aeb9e381aee8a9b3e7b4b0e58886e69e90efbc88constitution-v2-4e381a8e381afe4bd95e3818befbc89-3\"><strong>\u2460 \u63d0\u6848\u5185\u5bb9\u306e\u8a73\u7d30\u5206\u6790\uff08Constitution v2.4\u3068\u306f\u4f55\u304b\uff09<\/strong><\/h4>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-2c92815\" id=\"1-e38193e381aee68f90e6a188e381aee69cace8b3aa-4\"><strong>1. \u3053\u306e\u63d0\u6848\u306e\u672c\u8cea<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-f49a077\">Constitution v2.4 \u306f\u3001\u4e00\u8a00\u3067\u8a00\u3048\u3070<\/p>\n\n\n\n<p class=\"deb-block deb-block-f28c2ef\"><strong>\u300c\u61b2\u6cd5\u3092\u201c\u7406\u60f3\u3084\u671f\u5f85\u201d\u304b\u3089\u201c\u62d8\u675f\u529b\u306e\u3042\u308b\u30eb\u30fc\u30eb\u30d6\u30c3\u30af\u201d\u3078\u3068\u518d\u5b9a\u7fa9\u3059\u308b\u6539\u8a02\u300d<\/strong><\/p>\n\n\n\n<p class=\"deb-block deb-block-10002c6\">\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-4c672b1\">\u3053\u308c\u307e\u3067\u306e\u61b2\u6cd5\uff08v1.0\u301cv2.3\uff09\u306b\u306f\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-8716d26\">\n<li class=\"\">\u5b88\u308b\u3053\u3068\u304c\u671f\u5f85\u3055\u308c\u3066\u3044\u308b\u304c\u3001\u9055\u53cd\u3057\u3066\u3082\u76f4\u63a5\u7684\u306a\u52b9\u529b\u3092\u6301\u305f\u306a\u3044\u6761\u6587<\/li>\n\n\n\n<li class=\"\">\u904b\u7528\u3084\u6163\u884c\u30ec\u30d9\u30eb\u3067\u51e6\u7406\u3059\u3079\u304d\u5185\u5bb9<\/li>\n\n\n\n<li class=\"\">\u4e00\u6642\u7684\u306a\u30ac\u30d0\u30ca\u30f3\u30b9\u8a2d\u8a08\uff08Budget Info Action\uff09<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-cccab68\">\u304c\u6df7\u5728\u3057\u3066\u3044\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-eea551d\">v2.4\u3067\u306f\u3001\u305d\u308c\u3089\u3092\u5927\u80c6\u306b\u6574\u7406\u3057\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-4bf17c1\"><strong>\u300c\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u3067\u5224\u65ad\u30fb\u62d8\u675f\u3055\u308c\u308b\u5185\u5bb9\u306e\u307f\u3092\u61b2\u6cd5\u306b\u6b8b\u3059\u300d<\/strong><\/p>\n\n\n\n<p class=\"deb-block deb-block-ef6c4f3\">\u3068\u3044\u3046\u65b9\u5411\u6027\u304c\u660e\u78ba\u306b\u6253\u3061\u51fa\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-1501ec4\" id=\"2-e5898ae999a4e38195e3828ce3819fe8a681e7b4a0e381aee6848fe591b3-5\"><strong>2. \u524a\u9664\u3055\u308c\u305f\u8981\u7d20\u306e\u610f\u5473<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-7657ff5\"><strong>(a) Expectations \/ Encouragement \u6761\u9805\u306e\u524a\u9664<\/strong><\/p>\n\n\n\n<p class=\"deb-block deb-block-a72bfb4\">\u524a\u9664\u5bfe\u8c61\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-30c33df\">\n<li class=\"\">DRep\u30fbSPO\u30fbCC\uff08\u61b2\u6cd5\u59d4\u54e1\u4f1a\uff09\u306b\u5bfe\u3059\u308b\u300c\u671f\u5f85\u300d\u300c\u63a8\u5968\u300d\u300c\u671b\u307e\u3057\u3044\u59ff\u300d<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-3a3f9ae\"><strong>\u91cd\u8981\u306a\u30dd\u30a4\u30f3\u30c8<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-562c2fe\">\n<li class=\"\">\u3053\u308c\u3089\u306f\u201c\u502b\u7406\u898f\u7bc4\u201d\u3068\u3057\u3066\u306f\u6709\u7528<\/li>\n\n\n\n<li class=\"\">\u3057\u304b\u3057\u3001\u61b2\u6cd5\uff08\uff1d\u6700\u4e0a\u4f4d\u30eb\u30fc\u30eb\uff09\u3068\u3057\u3066\u306f<strong>\u975e\u62d8\u675f\u30fb\u975e\u691c\u8a3c<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-dfe6e74\">\u2192 v2.4\u3067\u306f<\/p>\n\n\n\n<blockquote class=\"wp-block-quote deb-block deb-block-2e3c37d\">\n<p class=\"deb-block deb-block-b032a29\"><em>\u300c\u5f37\u5236\u3067\u304d\u306a\u3044\u7406\u60f3\u306f\u61b2\u6cd5\u306b\u66f8\u304b\u306a\u3044\u300d<\/em><\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote deb-block deb-block-5ce444b\">\n<p class=\"deb-block deb-block-7d2d9e7\">\u3068\u3044\u3046\u539f\u5247\u3092\u63a1\u7528\u3002<\/p>\n<\/blockquote>\n\n\n\n<p class=\"deb-block deb-block-c61b3c1\">\u3053\u308c\u306f\u3001<strong>\u30ac\u30d0\u30ca\u30f3\u30b9\u306e\u6cd5\u7684\u660e\u78ba\u6027\u3092\u512a\u5148\u3059\u308b\u6210\u719f\u3057\u305f\u5224\u65ad<\/strong>\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-86e846c\"><strong>(b) Budget Info Action \u306e\u5b8c\u5168\u5ec3\u6b62<\/strong><\/p>\n\n\n\n<p class=\"deb-block deb-block-04353e0\">Budget Info Action \u306f\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-22f85e7\">\n<li class=\"\">\u4e88\u7b97\u60c5\u5831\u3092\u4e8b\u524d\u306b\u63d0\u793a\u3059\u308b\u305f\u3081\u306e\u88dc\u52a9\u7684\u30ac\u30d0\u30ca\u30f3\u30b9\u624b\u7d9a\u304d<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-35e459c\">\u3067\u3057\u305f\u304c\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-62e744f\">\n<li class=\"\">\u624b\u7d9a\u304d\u304c\u5197\u9577<\/li>\n\n\n\n<li class=\"\">Treasury Withdrawal \u3068\u5f79\u5272\u304c\u91cd\u8907<\/li>\n\n\n\n<li class=\"\">\u5b9f\u52d9\u4e0a\u306e\u6df7\u4e71\u3092\u751f\u3093\u3067\u3044\u305f<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-19ed950\">\u3068\u3044\u3046\u554f\u984c\u304c\u3042\u308a\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-a5c0362\">v2.4\u3067\u306f\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-be7fcf8\">\n<li class=\"\">Budget Info Action \u3092\u5ec3\u6b62<\/li>\n\n\n\n<li class=\"\"><strong>\u305d\u306e\u8981\u4ef6\u3092 Treasury Withdrawal \u306b\u5b8c\u5168\u7d71\u5408<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-ed09c66\">\u2192 \u30ac\u30d0\u30ca\u30f3\u30b9\u30d5\u30ed\u30fc\u304c<strong>\u4e00\u672c\u5316<\/strong>\u3055\u308c\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-cbce8d7\">\u300c<strong>\u8cc7\u91d1\u3092\u51fa\u3059\u3068\u304d\u306b\u5fc5\u305a\u8aac\u660e\u8cac\u4efb\u3092\u679c\u305f\u3059\u300d<\/strong>\u69cb\u9020\u306b\u9032\u5316\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-f104b63\"><strong>(c) CC\u30b3\u30fc\u30c9\u30fb\u30aa\u30d6\u30fb\u30b3\u30f3\u30c0\u30af\u30c8\u7fa9\u52d9\u306e\u524a\u9664<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-a00ba2a\">\n<li class=\"\">CC\u304c\u884c\u52d5\u898f\u7bc4\u3092\u4f5c\u308b\u3053\u3068\u81ea\u4f53\u306f\u7981\u6b62\u3055\u308c\u3066\u3044\u306a\u3044<\/li>\n\n\n\n<li class=\"\">\u305f\u3060\u3057\u3001\u305d\u308c\u3092<strong>\u61b2\u6cd5\u3067\u7fa9\u52d9\u5316\u3057\u306a\u3044<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-10979e4\">\u7406\u7531\u306f\u660e\u78ba\u3067\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-cc4030c\">\n<li class=\"\">\u884c\u52d5\u898f\u7bc4\u306f\u6642\u4ee3\u30fb\u6587\u5316\u30fb\u72b6\u6cc1\u3067\u5909\u308f\u308b<\/li>\n\n\n\n<li class=\"\">\u61b2\u6cd5\u306b\u66f8\u304f\u3068\u67d4\u8edf\u6027\u304c\u5931\u308f\u308c\u308b<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-33a42e7\">\u2192 <strong>\u300c\u7d71\u6cbb\u306e\u539f\u5247\u300d\u3068\u300c\u904b\u7528\u306e\u5de5\u592b\u300d\u3092\u660e\u78ba\u306b\u5206\u96e2<\/strong>\u3057\u305f\u5f62\u3067\u3059\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-8b1da60\" id=\"3-e8bfbde58aa0e383bbe5bcb7e58c96e38195e3828ce3819fe8a681e7b4a0e381aee6848fe591b3-6\"><strong>3. \u8ffd\u52a0\u30fb\u5f37\u5316\u3055\u308c\u305f\u8981\u7d20\u306e\u610f\u5473<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-7b51566\"><strong>(a) \u5b9a\u7fa9\u6761\u9805\u306e\u5927\u5e45\u5f37\u5316<\/strong><\/p>\n\n\n\n<p class=\"deb-block deb-block-abacf41\">\u8ffd\u52a0\u3055\u308c\u305f\u5b9a\u7fa9\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-61b2ea8\">\n<li class=\"\">Active Voting Stake<\/li>\n\n\n\n<li class=\"\">DRep<\/li>\n\n\n\n<li class=\"\">SPO<\/li>\n\n\n\n<li class=\"\">Net Change Limit<\/li>\n\n\n\n<li class=\"\">Treasury Withdrawal Recipient \u306a\u3069<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-9276897\">\u3053\u308c\u306f\u5358\u306a\u308b\u5f62\u5f0f\u7684\u5909\u66f4\u3067\u306f\u306a\u304f\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-17841dd\">\n<li class=\"\">\u6295\u7968\u7d50\u679c\u306e\u89e3\u91c8<\/li>\n\n\n\n<li class=\"\">\u6b63\u5f53\u6027\u306e\u5224\u65ad<\/li>\n\n\n\n<li class=\"\">\u5c06\u6765\u306e\u7d1b\u4e89\u56de\u907f<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-4567cfe\">\u306b\u76f4\u7d50\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-b304137\">\u2192 <strong>Cardano\u306e\u30ac\u30d0\u30ca\u30f3\u30b9\u3092\u300c\u89e3\u91c8\u4f9d\u5b58\u300d\u304b\u3089\u300c\u5b9a\u7fa9\u4f9d\u5b58\u300d\u3078\u79fb\u884c<\/strong>\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-bf5df3f\"><strong>(b) \u63d0\u6848\u30c9\u30ad\u30e5\u30e1\u30f3\u30c8\u306e\u300c\u4e0d\u53ef\u5909\u6027\u300d\u7fa9\u52d9\u5316<\/strong><\/p>\n\n\n\n<p class=\"deb-block deb-block-606f553\">ARTICLE II Section 6 \u306b\u8ffd\u52a0\u3055\u308c\u305f\u8981\u4ef6\uff1a<\/p>\n\n\n\n<blockquote class=\"wp-block-quote deb-block deb-block-1a9f5ea\">\n<p class=\"deb-block deb-block-4529487\"><strong>\u300c\u63d0\u51fa\u3055\u308c\u305fURL\u4e0a\u306e\u6587\u66f8\u306f immutable\uff08\u5909\u66f4\u4e0d\u53ef\uff09\u3067\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u300d<\/strong><\/p>\n<\/blockquote>\n\n\n\n<p class=\"deb-block deb-block-57d64be\">\u3053\u308c\u306f\u975e\u5e38\u306b\u91cd\u8981\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-02a411d\">\u610f\u5473\u3059\u308b\u3053\u3068\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-7974f68\">\n<li class=\"\">\u6295\u7968\u5f8c\u306e\u201c\u3053\u3063\u305d\u308a\u4fee\u6b63\u201d\u3092\u5b8c\u5168\u306b\u6392\u9664<\/li>\n\n\n\n<li class=\"\">DRep\u30fbSPO\u30fbADA\u4fdd\u6709\u8005\u306e\u5224\u65ad\u57fa\u76e4\u3092\u56fa\u5b9a<\/li>\n\n\n\n<li class=\"\">\u30ac\u30d0\u30ca\u30f3\u30b9\u306e<strong>\u4fe1\u983c\u306e\u975e\u5bfe\u79f0\u6027<\/strong>\u3092\u89e3\u6d88<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-174f8bb\">\u2192 <strong>\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u7684\u4fa1\u5024\u89b3\uff08\u6539\u3056\u3093\u8010\u6027\uff09\u3092\u3001\u30ac\u30d0\u30ca\u30f3\u30b9\u6587\u66f8\u305d\u306e\u3082\u306e\u306b\u9069\u7528<\/strong>\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-8de3023\"><strong>(c) Treasury\u76e3\u67fb\u30fb\u8aac\u660e\u8cac\u4efb\u306e\u5168\u9762\u9069\u7528<\/strong><\/p>\n\n\n\n<p class=\"deb-block deb-block-f837d0c\">Budget Info Action \u5ec3\u6b62\u5f8c\u3082\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-f091e3d\">\n<li class=\"\">\u76e3\u67fb<\/li>\n\n\n\n<li class=\"\">\u8aac\u660e\u8cac\u4efb<\/li>\n\n\n\n<li class=\"\">\u60c5\u5831\u958b\u793a<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-2006fd8\">\u304c\u5f31\u4f53\u5316\u3057\u306a\u3044\u3088\u3046\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-3e148e0\"><strong>\u3059\u3079\u3066\u306e Treasury Withdrawal \u306b\u540c\u7b49\u306e\u76e3\u67fb\u8981\u4ef6\u3092\u9069\u7528<\/strong>\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-24a08ea\">\u2192 \u8ca1\u52d9\u30ac\u30d0\u30ca\u30f3\u30b9\u306e\u5f8c\u9000\u3067\u306f\u306a\u304f\u3001<strong>\u3080\u3057\u308d\u4e00\u6bb5\u968e\u306e\u5f37\u5316<\/strong>\u3067\u3059\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-4bfd835\" id=\"4-emurgoe38395e382a3e383bce38389e38390e38383e382afe381aee58f8de698a0-7\"><strong>4. EMURGO\u30d5\u30a3\u30fc\u30c9\u30d0\u30c3\u30af\u306e\u53cd\u6620<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-1e2c1a4\">v2.3\u3067\u5c0e\u5165\u3055\u308c\u305f\u6587\u8a00\u306e\u3046\u3061\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-fd0a750\">\n<li class=\"\">ada owner \u8868\u8a18<\/li>\n\n\n\n<li class=\"\">\u30ab\u30b9\u30c8\u30c7\u30a3\u95a2\u9023<\/li>\n\n\n\n<li class=\"\">\u72ec\u7acb\u76e3\u67fb\u306e\u8868\u73fe<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-ca06adb\">\u306b\u3064\u3044\u3066\u3001EMURGO\u304c\u61f8\u5ff5\u3092\u793a\u3057 NO \u3092\u6295\u3058\u305f\u70b9\u3092\u3001v1.0\u8868\u73fe\u3078\u5dee\u3057\u623b\u3057\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-9761fe9\">\u3053\u3053\u304b\u3089\u8aad\u307f\u53d6\u308c\u308b\u306e\u306f\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-1e4db8d\">\n<li class=\"\"><strong>\u6700\u5927DRep\u306e\u5408\u610f\u3092\u8efd\u8996\u3057\u306a\u3044\u73fe\u5b9f\u7684\u30ac\u30d0\u30ca\u30f3\u30b9<\/strong><\/li>\n\n\n\n<li class=\"\">\u5408\u610f\u5f62\u6210\u3092\u512a\u5148\u3059\u308b Cardano \u3089\u3057\u3044\u8abf\u6574\u80fd\u529b<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-c41c570\">\u3067\u3059\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-91afd76\" id=\"e291a1-e38396e383ade38383e382afe38381e382a7e383bce383b3e585a8e888ace381abe3818ae38191e3828be69c80e696b0e381aee4bd8de7bdaee4bb98e38191-8\"><strong>\u2461 \u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u5168\u822c\u306b\u304a\u3051\u308b\u6700\u65b0\u306e\u4f4d\u7f6e\u4ed8\u3051<\/strong><\/h4>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-d89f749\" id=\"1-e4bb96e38381e382a7e383bce383b3e381a8e381aee6af94e8bc83-9\"><strong>1. \u4ed6\u30c1\u30a7\u30fc\u30f3\u3068\u306e\u6bd4\u8f03<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-9f723f8\">\u591a\u304f\u306e\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u3067\u306f\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-13b2e1b\">\n<li class=\"\">\u61b2\u6cd5\u304c\u5b58\u5728\u3057\u306a\u3044<\/li>\n\n\n\n<li class=\"\">\u3042\u308b\u3044\u306f\u300c\u7406\u5ff5\u6587\u66f8\u300d\u306b\u7559\u307e\u3063\u3066\u3044\u308b<\/li>\n\n\n\n<li class=\"\">\u5b9f\u969b\u306e\u6a29\u9650\u306f\u30aa\u30d5\u30c1\u30a7\u30fc\u30f3\u5408\u610f\u306b\u4f9d\u5b58<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-2a12c74\">\u3068\u3044\u3046\u72b6\u614b\u304c\u4e00\u822c\u7684\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-ae4ca91\">\u4e00\u65b9\u3001Cardano v2.4 \u306f\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-e2918a7\">\n<li class=\"\">\u61b2\u6cd5\uff1d<strong>\u62d8\u675f\u529b\u306e\u3042\u308b\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u7d71\u6cbb\u30eb\u30fc\u30eb<\/strong><\/li>\n\n\n\n<li class=\"\">\u89e3\u91c8\u4f59\u5730\u3092\u6975\u529b\u6392\u9664<\/li>\n\n\n\n<li class=\"\">\u8cc7\u91d1\u30fb\u63d0\u6848\u30fb\u6295\u7968\u30fb\u76e3\u67fb\u304c\u4e00\u8cab\u3057\u3066\u9023\u52d5<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-bcf3da7\">\u2192 <strong>DAO\u30ac\u30d0\u30ca\u30f3\u30b9\u306e\u201c\u5236\u5ea6\u8a2d\u8a08\u201d\u3068\u3057\u3066\u306f\u6700\u5148\u7aef\u30af\u30e9\u30b9<\/strong>\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-e0ba5e8\" id=\"2-e3808cdao-2-0e3808de3818be38289e3808ce588b6e5baa6e58c96daoe3808de381b8e381aee980b2e58c96-10\"><strong>2. \u300cDAO 2.0\u300d\u304b\u3089\u300c\u5236\u5ea6\u5316DAO\u300d\u3078\u306e\u9032\u5316<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-e8b7af2\">v2.4\u306f\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-c073fb9\">\n<li class=\"\">\u60c5\u71b1\u7684\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u4e3b\u5c0e<\/li>\n\n\n\n<li class=\"\">\u30bd\u30fc\u30b7\u30e3\u30eb\u5408\u610f\u4f9d\u5b58<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-664d346\">\u304b\u3089\u3001<\/p>\n\n\n\n<blockquote class=\"wp-block-quote deb-block deb-block-81d0674\">\n<p class=\"deb-block deb-block-f2a6498\"><strong>\u5236\u5ea6\u30fb\u5b9a\u7fa9\u30fb\u624b\u7d9a\u304d\u306b\u57fa\u3065\u304f\u30ac\u30d0\u30ca\u30f3\u30b9<\/strong><\/p>\n<\/blockquote>\n\n\n\n<p class=\"deb-block deb-block-aacc264\">\u3078\u306e\u660e\u78ba\u306a\u30b7\u30d5\u30c8\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-8447d8a\">\u3053\u308c\u306f\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-c991747\">\n<li class=\"\">\u5927\u898f\u6a21\u8cc7\u91d1\uff08\u6570\u767e\u5104\u5186\u898f\u6a21\u306eTreasury\uff09<\/li>\n\n\n\n<li class=\"\">\u56fd\u5bb6\u30fb\u4f01\u696d\u30fb\u516c\u5171\u9818\u57df\u3068\u306e\u63a5\u7d9a<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-2273a7e\">\u3092\u524d\u63d0\u3068\u3057\u305f<strong>\u6b21\u4e16\u4ee3DAO\u30e2\u30c7\u30eb<\/strong>\u3067\u3059\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-029ac85\" id=\"e291a2-cardanoe381abe38282e3819fe38289e38195e3828ce3828be681a9e681b5-11\"><strong>\u2462 Cardano\u306b\u3082\u305f\u3089\u3055\u308c\u308b\u6069\u6075<\/strong><\/h4>\n\n\n\n<p class=\"deb-block deb-block-de561f6\"><strong>1. DRep\u30fbSPO\u30fbADA\u4fdd\u6709\u8005\u3078\u306e\u6069\u6075<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-3c04aeb\">\n<li class=\"\">\u6295\u7968\u5224\u65ad\u304c\u660e\u78ba\u306b\u306a\u308b<\/li>\n\n\n\n<li class=\"\">\u30eb\u30fc\u30eb\u5909\u66f4\u306e\u6063\u610f\u6027\u304c\u4e0b\u304c\u308b<\/li>\n\n\n\n<li class=\"\">\u5f8c\u51fa\u3057\u4fee\u6b63\u30ea\u30b9\u30af\u304c\u6d88\u3048\u308b<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-c22ff09\">\u2192 <strong>\u300c\u5b89\u5fc3\u3057\u3066\u53c2\u52a0\u3067\u304d\u308b\u30ac\u30d0\u30ca\u30f3\u30b9\u300d<\/strong>\u304c\u5b9f\u73fe\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-9402972\"><strong>2. Treasury\u904b\u7528\u306e\u4fe1\u983c\u6027\u5411\u4e0a<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-91bcd12\">\n<li class=\"\">\u76e3\u67fb\u30fb\u8aac\u660e\u8cac\u4efb\u304c\u5e38\u306b\u62c5\u4fdd<\/li>\n\n\n\n<li class=\"\">\u8cc7\u91d1\u6d41\u51fa\u306b\u5bfe\u3059\u308b\u5916\u90e8\u6279\u5224\u8010\u6027\u304c\u5411\u4e0a<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-08bbc84\">\u2192 Cardano Treasury \u306f<\/p>\n\n\n\n<p class=\"deb-block deb-block-aa42758\"><strong>\u300c\u6700\u5927\u7d1a\u3067\u3001\u304b\u3064\u6700\u3082\u8aac\u660e\u53ef\u80fd\u306aDAO\u8ca1\u52d9\u300d<\/strong>\u3078\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-d81426a\"><strong>3. \u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u62e1\u5927\u3078\u306e\u52b9\u679c<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-927a38f\">\n<li class=\"\">\u4f01\u696d<\/li>\n\n\n\n<li class=\"\">\u516c\u5171\u6a5f\u95a2<\/li>\n\n\n\n<li class=\"\">\u898f\u5236\u5f53\u5c40<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-d7d5ca4\">\u306b\u5bfe\u3057\u3066\u3001<\/p>\n\n\n\n<blockquote class=\"wp-block-quote deb-block deb-block-3c4ced6\">\n<p class=\"deb-block deb-block-6e4ec85\"><em>\u300cCardano\u306f\u30eb\u30fc\u30eb\u304c\u660e\u78ba\u3067\u3001\u5909\u66f4\u3082\u900f\u660e\u300d<\/em><\/p>\n<\/blockquote>\n\n\n\n<p class=\"deb-block deb-block-e0c90eb\">\u3068\u793a\u305b\u308b\u3053\u3068\u306f\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-b795805\"><strong>\u63a1\u7528\u30fb\u9023\u643a\u306b\u304a\u3051\u308b\u5927\u304d\u306a\u30a2\u30c9\u30d0\u30f3\u30c6\u30fc\u30b8<\/strong>\u3067\u3059\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-491684c\" id=\"e7b78fe68bac-12\"><strong>\u7dcf\u62ec<\/strong><\/h4>\n\n\n\n<p class=\"deb-block deb-block-04535ef\">Constitution v2.4 \u306f\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-4b8b924\">\n<li class=\"\">\u5358\u306a\u308b\u6761\u6587\u6574\u7406\u3067\u306f\u306a\u304f<\/li>\n\n\n\n<li class=\"\">Cardano\u30ac\u30d0\u30ca\u30f3\u30b9\u306e<strong>\u601d\u60f3\u7684\u6210\u719f<\/strong>\u3092\u793a\u3059\u6539\u8a02<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-415a415\">\u3068\u8a00\u3048\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-a0d167b\"><strong>\u7406\u60f3\u3092\u8a9e\u308b\u30d5\u30a7\u30fc\u30ba\u304b\u3089\u3001\u5236\u5ea6\u3067\u652f\u3048\u308b\u30d5\u30a7\u30fc\u30ba\u3078\u3002<\/strong><\/p>\n\n\n\n<p class=\"deb-block deb-block-7efd90b\">Cardano\u304c\u300c\u9577\u671f\u5b58\u7d9a\u3059\u308b\u516c\u5171\u30a4\u30f3\u30d5\u30e9\u578b\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u300d\u3078\u9032\u5316\u3057\u3066\u3044\u308b\u3053\u3068\u3092\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-f6e8f3f\">\u3053\u306e\u61b2\u6cd5\u6539\u8a02\u306f\u306f\u3063\u304d\u308a\u3068\u793a\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity deb-block deb-block-3787b0b\"\/>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-84e3ea2\" id=\"sipo-drepefbc88e8b39be68890efbc89efbc9acardanoe686b2e6b395-v2-4-e38292e381a9e38186e8a68be3828be3818be28095-e382ace38390e3838ae383b3e382b9-13\">SIPO Drep\uff08\u8cdb\u6210\uff09\uff1a<strong>Cardano\u61b2\u6cd5 v2.4 \u3092\u3069\u3046\u898b\u308b\u304b\u2015 \u30ac\u30d0\u30ca\u30f3\u30b9\u3092\u300c\u7406\u60f3\u300d\u304b\u3089\u300c\u5236\u5ea6\u300d\u3078\u9032\u3081\u308b\u91cd\u8981\u306a\u4e00\u6b69<\/strong><\/h4>\n\n\n\n<p class=\"deb-block deb-block-723eae9\">SIPO DRep\u306f\u3001\u4eca\u56de\u63d0\u51fa\u3055\u308c\u305f<\/p>\n\n\n\n<p class=\"deb-block deb-block-d2c7317\"><strong>\u300cCARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.4\u300d<\/strong><\/p>\n\n\n\n<p class=\"deb-block deb-block-863c817\">\u306b\u3064\u3044\u3066\u3001\u614e\u91cd\u306b\u5185\u5bb9\u3092\u78ba\u8a8d\u3057\u3001\u6700\u7d42\u7684\u306b\u8cdb\u6210\uff08YES\uff09\u3092\u6295\u3058\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-aae4eb6\">\u3053\u306e\u8a18\u4e8b\u3067\u306f\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-5edfb20\">\n<li class=\"\">\u3053\u306e\u61b2\u6cd5\u6539\u8a02\u304c\u4f55\u3092\u76ee\u6307\u3057\u3066\u3044\u308b\u306e\u304b<\/li>\n\n\n\n<li class=\"\">\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u5168\u4f53\u306e\u6d41\u308c\u306e\u4e2d\u3067\u3001\u3069\u3093\u306a\u4f4d\u7f6e\u4ed8\u3051\u306a\u306e\u304b<\/li>\n\n\n\n<li class=\"\">\u305d\u3057\u3066\u3001\u306a\u305cSIPO DRep\u304cYES\u3092\u9078\u3093\u3060\u306e\u304b<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-b199f3a\">\u3092\u3001\u3067\u304d\u308b\u3060\u3051\u5206\u304b\u308a\u3084\u3059\u304f\u6574\u7406\u3057\u3066\u304a\u4f1d\u3048\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-0bc8d66\" id=\"constitution-v2-4-e381a8e381afe4bd95e3818b-14\"><strong>Constitution v2.4 \u3068\u306f\u4f55\u304b<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-6deeb4a\">\u4eca\u56de\u306e v2.4 \u306f\u3001\u5358\u306a\u308b\u7d30\u304b\u306a\u6587\u8a00\u4fee\u6b63\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-9038741\">SIPO\u306f\u3053\u306e\u6539\u8a02\u3092\u3001<\/p>\n\n\n\n<blockquote class=\"wp-block-quote deb-block deb-block-706955f\">\n<p class=\"deb-block deb-block-7c2ba25\"><strong>Cardano\u306e\u30ac\u30d0\u30ca\u30f3\u30b9\u3092<\/strong><\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote deb-block deb-block-f2da995\">\n<p class=\"deb-block deb-block-ceda43e\"><strong>\u300c\u7406\u60f3\u3084\u671f\u5f85\u300d\u304b\u3089\u300c\u62d8\u675f\u529b\u306e\u3042\u308b\u5236\u5ea6\u300d\u3078\u3068\u9032\u3081\u308b\u6539\u8a02<\/strong><\/p>\n<\/blockquote>\n\n\n\n<p class=\"deb-block deb-block-f1b6641\">\u3060\u3068\u6349\u3048\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-da70e25\">\u3053\u308c\u307e\u3067\u306e\u61b2\u6cd5\u306b\u306f\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-d22d01f\">\n<li class=\"\">\u300c\u3053\u3046\u3042\u308b\u3079\u304d\u300d<\/li>\n\n\n\n<li class=\"\">\u300c\u3053\u3046\u3059\u308b\u3053\u3068\u304c\u671b\u307e\u3057\u3044\u300d<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-0b7c784\">\u3068\u3044\u3063\u305f\u3001\u4fa1\u5024\u89b3\u3068\u3057\u3066\u306f\u5927\u5207\u3067\u3082\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-21d7199\">\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u3067\u5f37\u5236\u30fb\u5224\u65ad\u3067\u304d\u306a\u3044\u5185\u5bb9\u3082\u542b\u307e\u308c\u3066\u3044\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-01a74bc\">v2.4\u3067\u306f\u3001\u305d\u3046\u3057\u305f\u6761\u6587\u3092\u6574\u7406\u3057\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-21f4d33\"><strong>\u61b2\u6cd5\u306f\u201c\u5224\u65ad\u3068\u8cac\u4efb\u3092\u4f34\u3046\u30eb\u30fc\u30eb\u3060\u3051\u3092\u5b9a\u3081\u308b\u3082\u306e\u201d<\/strong><\/p>\n\n\n\n<p class=\"deb-block deb-block-fc32af3\">\u3068\u3044\u3046\u7acb\u5834\u3092\u660e\u78ba\u306b\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-916ef76\" id=\"e381aae3819ce3808ce69c9fe5be85e3808de38284e3808ce68ea8e5a5a8e3808de38292e5898ae999a4e38197e3819fe381aee3818b-15\"><strong>\u306a\u305c\u300c\u671f\u5f85\u300d\u3084\u300c\u63a8\u5968\u300d\u3092\u524a\u9664\u3057\u305f\u306e\u304b<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-d9bd567\">\u4eca\u56de\u524a\u9664\u3055\u308c\u305f\u6761\u6587\u306e\u591a\u304f\u306f\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-8341df1\">\n<li class=\"\">DRep\u3084SPO\u3001CC\u306b\u5bfe\u3059\u308b\u671f\u5f85<\/li>\n\n\n\n<li class=\"\">\u884c\u52d5\u898f\u7bc4\u306e\u63a8\u5968<\/li>\n\n\n\n<li class=\"\">\u7406\u60f3\u7684\u306a\u632f\u308b\u821e\u3044\u306e\u63d0\u793a<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-e905a29\">\u3068\u3044\u3063\u305f\u5185\u5bb9\u3067\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-9762426\">SIPO\u306f\u3001\u3053\u308c\u3089\u304c\u4e0d\u8981\u3060\u3068\u306f\u8003\u3048\u3066\u3044\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-c756a48\">\u305f\u3060\u3057\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-7036faa\">\n<li class=\"\">\u5b88\u3089\u308c\u3066\u3044\u308b\u304b\u3069\u3046\u304b\u3092\u5224\u65ad\u3067\u304d\u306a\u3044<\/li>\n\n\n\n<li class=\"\">\u5b88\u3089\u308c\u306a\u304b\u3063\u305f\u5834\u5408\u306e\u8cac\u4efb\u304c\u66d6\u6627<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-7163d29\">\u3068\u3044\u3046\u5185\u5bb9\u3092\u61b2\u6cd5\u306b\u66f8\u304d\u7d9a\u3051\u308b\u3053\u3068\u306b\u306f\u3001\u9650\u754c\u304c\u3042\u308b\u3068\u3082\u8003\u3048\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-cf81376\">\u61b2\u6cd5\u306f\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-c7d3736\"><strong>\u300c\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u3067Yes \/ No\u3092\u5224\u65ad\u3059\u308b\u305f\u3081\u306e\u6700\u7d42\u30eb\u30fc\u30eb\u300d<\/strong><\/p>\n\n\n\n<p class=\"deb-block deb-block-b28d537\">\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-a0763bf\">\u305d\u306e\u5f79\u5272\u3092\u306f\u3063\u304d\u308a\u3055\u305b\u308b\u305f\u3081\u306b\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-408561a\">\u7406\u60f3\u8ad6\u306f\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u306e\u8b70\u8ad6\u3084\u6163\u884c\u306b\u59d4\u306d\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-c56aa58\">\u61b2\u6cd5\u306f\u5236\u5ea6\u306b\u96c6\u4e2d\u3059\u308b\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-2c0f747\">SIPO\u306f\u3001\u3053\u306e\u65b9\u5411\u6027\u3092\u524d\u5411\u304d\u306b\u8a55\u4fa1\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-7828f98\" id=\"budget-info-action-e5bb83e6ada2e381a8treasurye382ace38390e3838ae383b3e382b9-16\"><strong>Budget Info Action \u5ec3\u6b62\u3068Treasury\u30ac\u30d0\u30ca\u30f3\u30b9<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-bfdb61e\">v2.4\u3067\u306f\u3001Budget Info Action \u304c\u5ec3\u6b62\u3055\u308c\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-d1e2842\">\u3053\u308c\u306f\u30ac\u30d0\u30ca\u30f3\u30b9\u306e\u5f8c\u9000\u3067\u306f\u306a\u304f\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-f3f5eb3\"><strong>\u91cd\u8907\u3057\u3066\u3044\u305f\u4ed5\u7d44\u307f\u3092\u6574\u7406\u3057\u3001\u4e00\u672c\u5316\u3059\u308b\u305f\u3081\u306e\u5909\u66f4<\/strong>\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-bd76137\">\u91cd\u8981\u306a\u306e\u306f\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-646cbbe\">\n<li class=\"\">Treasury Withdrawal \u306e\u969b\u306b\u306f<\/li>\n\n\n\n<li class=\"\">\u3053\u308c\u307e\u3067\u3068\u540c\u7b49\u3001\u3082\u3057\u304f\u306f\u305d\u308c\u4ee5\u4e0a\u306e \u8aac\u660e\u8cac\u4efb\u30fb\u76e3\u67fb\u8981\u4ef6\u304c\u5f15\u304d\u7d9a\u304d\u6c42\u3081\u3089\u308c\u308b<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-0dda5a5\">\u3068\u3044\u3046\u70b9\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-3223627\">SIPO\u3068\u3057\u3066\u306f\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-54c39d4\">\n<li class=\"\">\u624b\u7d9a\u304d\u306f\u30b7\u30f3\u30d7\u30eb\u306b<\/li>\n\n\n\n<li class=\"\">\u900f\u660e\u6027\u3068\u8cac\u4efb\u306f\u3057\u3063\u304b\u308a\u78ba\u4fdd<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-9029ce6\">\u3068\u3044\u3046\u30d0\u30e9\u30f3\u30b9\u3092\u53d6\u3063\u305f\u3001\u59a5\u5f53\u306a\u8a2d\u8a08\u3060\u3068\u8003\u3048\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-32ed353\" id=\"e68f90e6a188e38389e382ade383a5e383a1e383b3e38388e381aee3808ce4b88de58fafe5a489e680a7e3808de3818ce68c81e381a4e6848fe591b3-17\"><strong>\u63d0\u6848\u30c9\u30ad\u30e5\u30e1\u30f3\u30c8\u306e\u300c\u4e0d\u53ef\u5909\u6027\u300d\u304c\u6301\u3064\u610f\u5473<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-5931cb7\">\u4eca\u56de\u306e\u6539\u8a02\u3067\u7279\u306b\u91cd\u8981\u306a\u306e\u304c\u3001<\/p>\n\n\n\n<blockquote class=\"wp-block-quote deb-block deb-block-9f8bbd5\">\n<p class=\"deb-block deb-block-6a91b2e\"><strong>\u63d0\u51fa\u3055\u308c\u305f\u63d0\u6848\u6587\u66f8\u306f immutable\uff08\u5909\u66f4\u4e0d\u53ef\uff09\u3067\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044<\/strong><\/p>\n<\/blockquote>\n\n\n\n<p class=\"deb-block deb-block-dc7c016\">\u3068\u3044\u3046\u30eb\u30fc\u30eb\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-ffbb0b8\">\u3053\u308c\u306f\u30ac\u30d0\u30ca\u30f3\u30b9\u306e\u4fe1\u983c\u6027\u306b\u3068\u3063\u3066\u3001\u3068\u3066\u3082\u5927\u304d\u306a\u610f\u5473\u3092\u6301\u3061\u307e\u3059\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-4c55fc7\">\n<li class=\"\">\u6295\u7968\u5f8c\u306b\u5185\u5bb9\u304c\u5909\u308f\u3089\u306a\u3044<\/li>\n\n\n\n<li class=\"\">\u5224\u65ad\u6642\u70b9\u306e\u60c5\u5831\u304c\u56fa\u5b9a\u3055\u308c\u308b<\/li>\n\n\n\n<li class=\"\">DRep\u304c\u5f8c\u304b\u3089\u8cac\u4efb\u3092\u62bc\u3057\u4ed8\u3051\u3089\u308c\u306a\u3044<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-d096a64\">SIPO DRep\u3068\u3057\u3066\u3082\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-3d8878e\"><strong>\u5b89\u5fc3\u3057\u3066\u5224\u65ad\u3067\u304d\u308b\u524d\u63d0\u6761\u4ef6\u304c\u5236\u5ea6\u3068\u3057\u3066\u6574\u3063\u305f<\/strong><\/p>\n\n\n\n<p class=\"deb-block deb-block-e1053c1\">\u3068\u8a55\u4fa1\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-835a76f\" id=\"emurgoe381aee38395e382a3e383bce38389e38390e38383e382afe38292e58f8de698a0e38197e3819fe782b9e381abe381a4e38184e381a6-18\"><strong>EMURGO\u306e\u30d5\u30a3\u30fc\u30c9\u30d0\u30c3\u30af\u3092\u53cd\u6620\u3057\u305f\u70b9\u306b\u3064\u3044\u3066<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-523eea4\">v2.4\u3067\u306f\u3001v2.3\u3067\u5909\u66f4\u3055\u308c\u305f\u4e00\u90e8\u306e\u8868\u73fe\u304c\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-90259de\">EMURGO\u306e\u610f\u898b\u3092\u53d7\u3051\u3066 v1.0 \u306e\u8868\u73fe\u306b\u623b\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-de34c8c\">SIPO\u306f\u3001\u3053\u308c\u3092\u300c\u5f8c\u9000\u300d\u3067\u306f\u306a\u304f\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-4c2b4d7\"><strong>\u5b9f\u969b\u306b\u6a5f\u80fd\u3059\u308b\u61b2\u6cd5\u3092\u7dad\u6301\u3059\u308b\u305f\u3081\u306e\u73fe\u5b9f\u7684\u306a\u8abf\u6574<\/strong><\/p>\n\n\n\n<p class=\"deb-block deb-block-b528086\">\u3060\u3068\u53d7\u3051\u6b62\u3081\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-a575244\">\u61b2\u6cd5\u306f\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-3f575ac\">\u5f62\u5f0f\u7684\u306b\u6210\u7acb\u3059\u308b\u3053\u3068\u3088\u308a\u3082\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-8890b1d\"><strong>\u5408\u610f\u306e\u3082\u3068\u3067\u4f7f\u308f\u308c\u7d9a\u3051\u308b\u3053\u3068<\/strong>\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-cde98c2\">\u305d\u306e\u610f\u5473\u3067\u3001\u3053\u306e\u5bfe\u5fdc\u306fCardano\u3089\u3057\u3044\u6210\u719f\u3057\u305f\u5224\u65ad\u3060\u3068\u611f\u3058\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-8aaf863\" id=\"sipo-drepe381a8e38197e381a6e381aee382b9e382bfe383b3e382b9-19\"><strong>SIPO DRep\u3068\u3057\u3066\u306e\u30b9\u30bf\u30f3\u30b9<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-e784ffb\">\u4ee5\u4e0a\u3092\u8e0f\u307e\u3048\u3001SIPO DRep\u306f\u3001<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-1ec6249\">\n<li class=\"\">\u61b2\u6cd5\u306e\u5f79\u5272\u3092\u660e\u78ba\u306b\u3057\u305f\u70b9<\/li>\n\n\n\n<li class=\"\">DRep\u306e\u8aac\u660e\u8cac\u4efb\u3092\u652f\u3048\u308b\u69cb\u9020\u306b\u306a\u3063\u3066\u3044\u308b\u70b9<\/li>\n\n\n\n<li class=\"\">Treasury\u3092\u542b\u3080\u9577\u671f\u7684\u306a\u4fe1\u983c\u6027\u3092\u9ad8\u3081\u3066\u3044\u308b\u70b9<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-45dfc9a\">\u3092\u8a55\u4fa1\u3057\u3001\u3053\u306e\u63d0\u6848\u306b <strong>\u8cdb\u6210\uff08YES\uff09<\/strong> \u3092\u6295\u3058\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-b05e2fe\">Cardano\u306f\u4eca\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-233b5e6\">\u300c\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u306e\u71b1\u91cf\u300d\u3060\u3051\u3067\u9032\u3080\u30d5\u30a7\u30fc\u30ba\u304b\u3089\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-01377d5\"><strong>\u5236\u5ea6\u3068\u3057\u3066\u9577\u304f\u6301\u7d9a\u3059\u308b\u30d5\u30a7\u30fc\u30ba<\/strong>\u306b\u5165\u3063\u3066\u3044\u308b\u3068\u611f\u3058\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-90daceb\">SIPO DRep\u3068\u3057\u3066\u3082\u3001<\/p>\n\n\n\n<p class=\"deb-block deb-block-ab8421d\">\u305d\u306e\u6d41\u308c\u3092\u652f\u3048\u308b\u5224\u65ad\u3092\u3001\u4eca\u5f8c\u3082\u4e01\u5be7\u306b\u884c\u3063\u3066\u3044\u304d\u307e\u3059\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity deb-block deb-block-b61be4f\"\/>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-6a309f1\" id=\"sipo-drepefbc88yesefbc89efbc9ahow-sipo-views-cardano-constitution-v2-4-20\">SIPO Drep\uff08Yes\uff09\uff1a<strong>How SIPO Views Cardano Constitution v2.4<\/strong><\/h4>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-a31b822\" id=\"a-step-from-ideals-to-institutional-governance-21\"><strong>A Step from Ideals to Institutional Governance<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-ee2a06b\">SIPO DRep has carefully reviewed the proposal<\/p>\n\n\n\n<p class=\"deb-block deb-block-c6e7390\"><strong>\u201cCARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.4\u201d<\/strong><\/p>\n\n\n\n<p class=\"deb-block deb-block-3aecf8e\">and has decided to vote <strong>YES<\/strong>.<\/p>\n\n\n\n<p class=\"deb-block deb-block-45cd231\">In this article, we explain:<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-36cb011\">\n<li class=\"\">What this constitutional update aims to achieve<\/li>\n\n\n\n<li class=\"\">How it fits into the broader blockchain governance landscape<\/li>\n\n\n\n<li class=\"\">Why SIPO DRep supports this proposal<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-1bd84da\">in a clear and community-friendly way.<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-e6e7d10\" id=\"what-is-constitution-v2-4-22\"><strong>What Is Constitution v2.4?<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-ddf0701\">Constitution v2.4 is not just a minor wording update.<\/p>\n\n\n\n<p class=\"deb-block deb-block-b6a5f85\">SIPO views this revision as a step that moves Cardano governance<\/p>\n\n\n\n<p class=\"deb-block deb-block-6a31a16\"><strong>from aspirational ideals toward enforceable institutional rules<\/strong>.<\/p>\n\n\n\n<p class=\"deb-block deb-block-bd270a2\">Previous versions of the Constitution included statements about:<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-30fc271\">\n<li class=\"\">Expectations<\/li>\n\n\n\n<li class=\"\">Encouragements<\/li>\n\n\n\n<li class=\"\">Ideal behaviors<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-5625176\">While meaningful in spirit, these were not enforceable on-chain.<\/p>\n\n\n\n<p class=\"deb-block deb-block-3b2dce6\">Version 2.4 clarifies that the Constitution should focus on rules that can actually be used for decision-making and accountability.<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-3639d06\" id=\"why-remove-expectations-and-encouragements-23\"><strong>Why Remove \u201cExpectations\u201d and \u201cEncouragements\u201d?<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-9ab8a38\">SIPO does not believe these values are unimportant.<\/p>\n\n\n\n<p class=\"deb-block deb-block-01de905\">However, a constitution should define:<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-58f503c\">\n<li class=\"\">What can be decided<\/li>\n\n\n\n<li class=\"\">What can be enforced<\/li>\n\n\n\n<li class=\"\">What responsibility follows from decisions<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-c55b503\">By removing non-binding clauses, v2.4 strengthens the Constitution\u2019s role as a clear and reliable governance framework, while leaving community norms to evolve organically.<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-3a87ac2\" id=\"treasury-governance-and-the-removal-of-budget-info-action-24\"><strong>Treasury Governance and the Removal of Budget Info Action<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-9d69059\">The removal of the Budget Info Action is not a rollback.<\/p>\n\n\n\n<p class=\"deb-block deb-block-d582661\">Instead, it simplifies governance by consolidating overlapping mechanisms and ensuring that all Treasury Withdrawals are subject to consistent accountability and audit requirements.<\/p>\n\n\n\n<p class=\"deb-block deb-block-4cfd0e6\">SIPO supports this balance:<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-b1c2df8\">\n<li class=\"\">Simpler procedures<\/li>\n\n\n\n<li class=\"\">Strong transparency and oversight<\/li>\n<\/ul>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-ea2be35\" id=\"the-importance-of-proposal-immutability-25\"><strong>The Importance of Proposal Immutability<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-a712234\">One of the most important changes in v2.4 is the requirement that proposal documents must be immutable once submitted.<\/p>\n\n\n\n<p class=\"deb-block deb-block-51b8411\">This ensures:<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-6637590\">\n<li class=\"\">No post-vote changes<\/li>\n\n\n\n<li class=\"\">Stable information for voters<\/li>\n\n\n\n<li class=\"\">Fair accountability for DReps<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-06b4d80\">For SIPO DRep, this significantly improves trust and integrity in the governance process.<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-df6f5ec\" id=\"incorporating-emurgo-feedback-26\"><strong>Incorporating EMURGO Feedback<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-5e8f462\">Some wording changes introduced in v2.3 were reverted in v2.4 following feedback from EMURGO.<\/p>\n\n\n\n<p class=\"deb-block deb-block-409e821\">SIPO views this not as a step backward, but as a pragmatic adjustment to ensure the Constitution remains broadly accepted and functional.<\/p>\n\n\n\n<p class=\"deb-block deb-block-6d89733\">A constitution must work in practice, not just in theory.<\/p>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-0419600\" id=\"sipo-dreps-final-position-27\"><strong>SIPO DRep\u2019s Final Position<\/strong><\/h5>\n\n\n\n<p class=\"deb-block deb-block-0e42f59\">Based on these considerations, SIPO DRep supports Constitution v2.4 because it:<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-302dfab\">\n<li class=\"\">Clarifies the role of the Constitution<\/li>\n\n\n\n<li class=\"\">Strengthens accountability for DReps<\/li>\n\n\n\n<li class=\"\">Improves long-term trust in treasury governance<\/li>\n<\/ul>\n\n\n\n<p class=\"deb-block deb-block-c997237\">For these reasons, <strong>SIPO DRep votes YES<\/strong>.<\/p>\n\n\n\n<p class=\"deb-block deb-block-c51c17e\">We believe Cardano is entering a new phase \u2014 one where governance must be institutional, durable, and trusted over the long term.<\/p>\n\n\n\n<p class=\"deb-block deb-block-feb797c\">SIPO will continue to engage responsibly and transparently as a DRep in this evolving governance landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"SIPO DRep\u300cCARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.4\u300d\u89e3\u8aac\u3068\u300cYes\u300d\u6295\u7968\u306e\u7406\u7531 CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.4\uff1a\u89e3\u8aac \u4ee5\u4e0b\u3067\u306f\u3001CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.4 \u3092\u3001 \u2460\u63d0\u6848\u5185\u5bb9\u306e\u8a73\u7d30\u6574\u7406 \u2461\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u5168\u4f53\u306b\u304a\u3051\u308b\u6700\u65b0\u306e\u4f4d\u7f6e\u4ed8\u3051 \u2462Cardano\u306b\u3082\u305f\u3089\u3055\u308c\u308b\u5177\u4f53\u7684\u306a\u6069\u6075 \u3068\u3044\u30463\u3064\u306e\u89b3\u70b9\u304b\u3089\u3001\u4f53\u7cfb\u7684\u306b\u89e3\u8aac\u3057\u307e\u3059\u3002 Submitted:\u00a018th Dec 2025\u00a0(Epoch 601)Expires:\u00a020th Jan 2026\u00a0(Epoch &hellip;","protected":false},"author":1,"featured_media":44466,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[307,21,35,28,1],"tags":[],"class_list":{"0":"post-44462","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\/12\/SIPO-DRep_20251217-2.png",1792,1024,false],"thumbnail":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/12\/SIPO-DRep_20251217-2-150x150.png",150,150,true],"medium":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/12\/SIPO-DRep_20251217-2-300x171.png",300,171,true],"medium_large":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/12\/SIPO-DRep_20251217-2-768x439.png",768,439,true],"large":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/12\/SIPO-DRep_20251217-2-1024x585.png",900,514,true],"1536x1536":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/12\/SIPO-DRep_20251217-2-1536x878.png",1536,878,true],"2048x2048":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/12\/SIPO-DRep_20251217-2.png",1792,1024,false],"dp-widget-thumb":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/12\/SIPO-DRep_20251217-2-140x96.png",140,96,true],"dp-widget-thumb-2x":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/12\/SIPO-DRep_20251217-2-280x192.png",280,192,true],"dp-related-thumb":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/12\/SIPO-DRep_20251217-2-250x154.png",250,154,true],"dp-related-thumb-2x":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/12\/SIPO-DRep_20251217-2-500x308.png",500,308,true],"dp-archive-thumb":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/12\/SIPO-DRep_20251217-2-450x257.png",450,257,true],"dp-archive-thumb-2x":["https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/12\/SIPO-DRep_20251217-2-900x514.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\/44462","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=44462"}],"version-history":[{"count":1,"href":"https:\/\/sipo.tokyo\/index.php?rest_route=\/wp\/v2\/posts\/44462\/revisions"}],"predecessor-version":[{"id":44463,"href":"https:\/\/sipo.tokyo\/index.php?rest_route=\/wp\/v2\/posts\/44462\/revisions\/44463"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sipo.tokyo\/index.php?rest_route=\/wp\/v2\/media\/44466"}],"wp:attachment":[{"href":"https:\/\/sipo.tokyo\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sipo.tokyo\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sipo.tokyo\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}