SPOs work for the ecosystem that sustains their livelihood. Like a farmer tends the land that bears their fruits. ADA is a commodity produced by carful stewardship of the blockchain. CS is adoption of securities classification.

Question

Answer

Con: How does CS change assessment for ADA as a security by the Howey Test? I don't think it does.

Answer

Con: Farmers often lease land they are cultivating, that does not turn their product into a security.

Cardano Contingent Staking

SPOs work for the ecosystem that sustains their livelihood. Like a farmer tends the land that bears their fruits. ADA is a commodity produced by carful stewardship of the blockchain. CS is adoption of securities classification.

Pros

Cons

Farmers often lease land they are cultivating, that does not turn their product into a security.

How does CS change assessment for ADA as a security by the Howey Test? I don't think it does.

Selected claim, opposing its parent

SPOs work for the ecosystem that sustains their livelihood. Like a farmer tends the land that bears their fruits. ADA is a commodity produced by carful stewardship of the blockchain. CS is adoption of securities classification.

Con claim 1

Farmers often lease land they are cultivating, that does not turn their product into a security.

Con claim 2

How does CS change assessment for ADA as a security by the Howey Test? I don't think it does.