Argentina, Constitution & Chang Hard Fork

GM Frens,

What's Spotlight? Every week, we highlight the most interesting events happening around Cardano. We want to help you cut the clutter and find the alpha.

The Cardano Foundation makes moves in Argentina, Constitution, Chang Hard Fork, and many things to discuss this week, including the significant decentralised exchanges (DEXs) volume spike. Meanwhile, Intersect has invited the community to host constitutional workshops globally. The Snek community continues to run unstoppable X Spaces, seeking a Binance listing. Let’s deep dive into these developments:

🇦🇷Argentine Province Entre Rios Signs Up for Cardano 💙

Last week, the Argentinian securities regulator met with El Salvador’s National Commission of Digital Assets (CNAD) to discuss the adoption of cryptocurrencies. El Salvador is the only country to have legalised Bitcoin as money, and Argentina’s president is widely described as crypto-friendly. Many see this as an opportunity to drive Cardano adoption in Argentina.

In the most recent news, on the 5th of June, the Cardano Foundation announced that they partnered with the Argentinian province of Entre Ríos. While the Cardano Foundation has partnered with a province in a country that is seen as one of the next in line to integrate blockchain technology, and maybe even adopt crypto as legal tender. However, Cardano use cases are not just limited to payments.

Cardano Community To Draft Constitution ⚖️

Chang Hard Fork is coming! Intersect MBO has invited applications for global Constitution Workshops. While providing the latest update on the community applications, Intersect received 35 applications across the globe as of June 5. The community members who want to host a workshop and contribute to drafting the constitution can apply here!

On June 4, Intersect MBO also shared an update on Chang Hard Fork Timelines. The Cardano Twitter has celebrated this development, which states that Chang Hard Fork is coming with its viable upgrades in the next quarter. Here’s a timeline flowchart from Intersect:

Cardano’s 🐍 Runs X Snekathon

The Snek project has been clocking over 2M ADA in daily volume this week, hoping to get noticed by Binance executives. The community members have also been hosting unstoppable X Spaces for the last 10 days, namely Snekathon.

• Snek has dominated DEX volumes this week, recording one-third of the total volumes.

• Snek is yet to get listed on Binance, despite high volumes. Meanwhile, the Cardano community has supported the #ListTheSnek initiative.

• The Snek community’s #ListTheSnek petition on change.org has garnered over 3K signatures as of Friday, June 7. Support Snek Petition By Signing Here!

Best content of the week

Watch: A Cross-Chain Cardano Wallet

Read: Can Cardano Play Bitcoin in Argentina?

Meme of the week

 We’re at 0.45! No more!

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