Cardano treasury votes: none of three live withdrawals can reach 67% on undecided stake

What the tally shows

None of the three live Cardano treasury withdrawals can reach the 67% approval threshold of DReps on undecided stake alone, according to the third edition of Ratify Weekly, an AI-assisted sheet published on the Cardano Forum on 12 November. The sheet defines a ceiling as yes stake plus all stake that has not yet voted, and puts that ceiling below 67% for each proposal.

The figures come from Koios, a Cardano data service, in a snapshot taken on 12 November at 10:18 UTC, at epoch 667, block 14,190,666. The ceiling, the gap and the switch figures are the sheet's own arithmetic on those numbers, it says.

The three proposals

Copper Reserve, a ₳22M withdrawal from Toto Finance, shows 0.48% yes, with a vote split of 5 yes, 114 no and 5 abstain. Its ceiling is 34.60%, and ₳1,306.19M of No votes would have to switch for it to pass. Its voting window ends at the start of epoch 668, which the sheet dates to 15 November.

PFMS, a ₳9.6M withdrawal from Trivolve Tech, shows 29.51% yes, split 41 yes, 54 no and 7 abstain. Its ceiling is 64.23%, and ₳131.03M of No votes would have to switch. Its window ends at the start of epoch 669, dated 20 November.

AURORA, a ₳940K withdrawal from Fairway, shows 3.99% yes, split 14 yes, 71 no and 15 abstain. Its ceiling is 54.67%, and ₳463.26M of No votes would have to switch. Its window also ends at the start of epoch 669.

The survey and the rationale

A fourth item, a developer survey filed as an Info action, stands at 9 yes, 3 no and 44 abstain. Info actions cannot be ratified, the sheet notes.

The issue also quotes the No rationale that InputEndorsers gave for PFMS, reproduced with permission, next to EMURGO's Yes position. It further explains why a yes share can move at an epoch boundary even when nobody casts a vote.