Snek (SNEK) - Loan-based Treasury Vote - 23 Oct to 25 Nov 2025
Snek is holding a vote on a new loan-based treasury system. In this model, funds from the treasury are given as loans instead of grants, and must be paid back with interest. This could raise trust in the project and make investors feel safer, because treasury money is not lost if things go wrong. If the vote passes and the system works, people may see Snek as more reliable, which could help its price. But if users do not support this idea, price might not change. See more source. 20 days left to vote!This is the first-ever loan-based treasury withdrawal in Cardano governance, introducing a new model of accountability where funds are not given as grants but repaid with interest.Thank you for believing in our vision and supporting the CNT ecosystem.