{"data":{"id":"6a1512d782978c99456fe6de","source":"hydra","title":"Cardano Budget Process 2026","description":"This budget process, designed by the Cardano Budget Committee and supported by Cardano DReps, provides a **transparent, structured, and strategic way to allocate Treasury funds** to initiatives that contribute to the long-term growth of the Cardano ecosystem.\n\nYou can review the budget process approved by DReps [here](https://budgetcommittee.docs.intersectmbo.org/cardano-budget-process/cardano-budget-2026-overview)","status":"live","voterType":"drep","voterGroups":[{"group":"drep","powerSource":"StakeBased","requirements":null}],"voterDescription":"DReps eligible to participate in the Cardano Budget process.","voteWeighted":true,"votePeriodStart":"2026-05-26T12:00:00.000Z","votePeriodEnd":"2026-06-12T12:00:00.000Z","voteFilters":true,"ipfsHash":null,"proposalCount":null,"singleProposal":null,"hydra":{"endpoint":"http://135.148.148.132:3004","headId":null,"headStatus":"Open","ballotCid":"QmWfJJdGmyy456L24c8cLF8VCbhaGtmokCyuEQqgCCVPBS","instancePolicyId":"378b5b28b5effd32f6912c62a7ca5305c24b768ea1fb34e2b9720ec8","prepareTxHash":"b8c2eeea138b7a996cb7fe1e24dc5bf62c3f02c7370fdf9f8ced3a78e5c93d62","prepareTxSubmittedAt":"2026-05-26T04:59:52.966Z","headInfo":{"headStatus":"Idle","headId":null,"nodeVersion":"1.3.0-7ccf54179bcd510349961fd51bba58eaa1dd7a37","me":"278f1a574bd85164c87d613ee214bcb40e5e9cc8cb88c8616d3e6226657da35c","contestationPeriod":120,"depositPeriod":3600,"participants":["2d5a980b64641b15e9e08098485866d542de17e3940d88c029e719d7"],"networkConnected":false,"peerCount":0,"chainSyncedStatus":"InSync","currentSlot":188205463},"ballot":{"specVersion":"ekklesia/1.0","title":"Cardano Budget Process 2026","description":"This budget process, designed by the Cardano Budget Committee and supported by Cardano DReps, provides a **transparent, structured, and strategic way to allocate Treasury funds** to initiatives that contribute to the long-term growth of the Cardano ecosystem.\n\nYou can review the budget process approved by DReps [here](https://budgetcommittee.docs.intersectmbo.org/cardano-budget-process/cardano-budget-2026-overview)","questions":[{"questionId":"6a1512d73ea9a75799cf8edc","question":"Dano Finance: DeFi Kernel, American Options, and Orderbook SDK","description":"This proposal requests **3,300,000 ADA** for Dano Finance to accelerate the **DeFi Kernel** as an open standard for shared liquidity, on-chain financial intents, and global order-book coordination on Cardano.\n\nCardano DeFi is still fragmented. DEXs, lending protocols, options protocols, marketplaces, and future synthetic asset systems often operate as separate liquidity silos. The DeFi Kernel addresses this by defining a common standard where compatible smart contracts are permissionless, composable, and discoverable: users can write or fill orders without a privileged batcher, contracts publish clear datum/redeemer schemas, and orders can be found through on-chain mechanisms such as CIP-89 beacon tokens, deterministic addresses, or other tagging methods.\n\nDano Finance will support the DeFi Kernel adoption by improving the public **defikernel.org** platform and registry so any Cardano builder can submit a compatible smart contract and make its information visible to the ecosystem. The platform will document script hashes, datum/redeemer schemas, integration steps, supported off-chain libraries, audit/security status, TVL references, and other metadata that wallets, bots, indexers, and protocols need to integrate reliably.\n\nAlongside the DeFi Kernel registry work, Dano Finance will deliver two practical DeFi Kernel-compatible primitives, **Spot Leverage Order Book** and **American Options Market-Making Pools**, plus a **Composable DeFi Transaction Builder SDK** that helps wallets, bots, indexers, and other dApps discover, compose, and settle DeFi Kernel-compatible orders.\n\nThe value to Cardano is a more connected DeFi stack: a stronger DeFi Kernel platform, clearer smart contract metadata, easier integrations, deeper liquidity, better composability, new risk-management markets, and a foundation for future financial applications.","requireAnswer":false,"contentHash":"7d2b9f7d91389c941fecd4c8641dc4397affa800792a5a09e066388637e42c5f","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8edd","question":"Cardano Startup Mainnet Runway (CSMR)","description":"**Cardano Startup Mainnet Runway** is a milestone-gated program that takes pre-qualified European startups from zero blockchain presence to live Cardano mainnet deployment, measured in on-chain transactions. **We request ₳6.2M total.**\n\nOperated by [NMA.VC](https://nma.vc), a Hamburg-based venture studio sourcing European startups since 2015. We are not a crypto-native team pitching a vision — we are an established ecosystem operator bringing that capability to Cardano. We know Cardano from the inside through the Masumi project since October 2024. The Mainnet Runway takes that experience beyond a single project into ecosystem-wide growth.\n\nThe thesis is simple. Cardano's 2030 targets — 27M monthly transactions, 1M users, $3B TVL — cannot be reached by the crypto-native community alone. They require real companies, with real customers, running real transaction volume on Cardano. Today no systematic mechanism exists to bring such companies onto the chain. This program is that mechanism.\n\nUsing GRID, our platform profiling 25,000+ European startups, we proactively identify companies whose existing product fits Cardano — compliance tooling, regulated fintech, agentic AI, digital infrastructure. No open calls. We approach specific companies, qualify them hard, onboard 10 per cohort.\n\nEach company receives a milestone-gated stipend via Intersect smart contract. Funds release only against verified on-chain output. M1: testnet environment live. M2: verified testnet transactions. M3: live mainnet deployment with minimum 500 transactions from 10+ distinct wallets and at least one paying customer, confirmed by a 60-day retention check. No demo unlocks funding.\n\n**The deliverable is not investment-ready founders or pitch decks. It is 10 non-crypto European companies with live code on Cardano mainnet generating transactions any DRep can verify. That is the value proposition: durable, organic, measurable Cardano adoption.**","requireAnswer":false,"contentHash":"9b1820e537b53682d2a6cf8f33eade61404091d064a204ac7f3ac4e0160b545d","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ede","question":"Cardano Enterprise Activation Sandbox","description":"*To realize Cardano's vision of powering mission-critical applications, we must directly activate the untapped multi-trillion-dollar enterprise market.*\n\n*While retail DeFi remains highly competitive globally, Cardano possesses unique architectural USPs-eUTXO, deterministic fees, native metadata, and unmatched security, which make it the superior choice for mission-critical, non-financial enterprise applications. From Digital Product Passports (DPPs) and EU Deforestation Regulation (EUDR) compliance to humanitarian onboarding and public-sector forensic deployments, Cardano's true potential lies in real-world utility.*\n\n*The Cardano Enterprise Sandbox Activation is a structured, 16-month program designed to convert enterprise interest into active on-chain deployments. We combine a foundational Enterprise & Regulatory Readiness layer (removing legal and technical friction) with an execution-focused Sandbox. Guided by an \"Expert Council\" of ecosystem leaders, we will target high-value verticals, including Supply Chain/Compliance, Luxury DPPs, RWA, and Public Deployments, to generate sustainable, high-volume transactional activity.*\n\n*Ultimately, this program is designed to bridge the gap from intent to execution, ensuring that enterprise interest translates into verifiable on-chain utility and measurable network growth.*","requireAnswer":false,"contentHash":"96d1bba38c1d790f1fe60dddd56ae7aeff9511458c52cf42da25964f167dd91c","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8edf","question":"Diversify Cardano treasury into prime, yield-bearing real-estate","description":"Bridge Fund is the first European institutional RWA fund natively tokenized on Cardano via CIP-113. It acquires trophy real estate in the Paris Triangle d'Or (Champs-Élysées, Avenue George V), co-invested with Foncière Renaissance (€1.7Bn AUM, 10 years of value-add track record on these assets).\n\nThree convictions guide our thesis:\n\n1. The real estate RWA market will only reach mass adoption through ultra-prime underlying assets, underlying quality precedes token liquidity.\n2. Real RWA liquidity will not come from an OTC secondary market, but from native collateralization within DeFi protocols.\n3. Institutional momentum on RWA has arrived (BlackRock BUIDL, Franklin Templeton, EU private banks). The strategic window is now.\n\nThese convictions are forged by 3 pillars: 5 years of tokenization experience (our founder built and exited PECULE, a tokenization-as-a-service platform); private banking partners ready to co-finance the fund; and Foncière Renaissance, operator of Paris's finest assets.\n\nCardano as Limited Partner, not as donor: the Treasury becomes an LP for €15M (15% of a €100M target total raise, with the remainder funded by our banking partner and our network of Family Offices and wealth advisors). Capital returned at exit, target net IRR of 10%, pari passu with all LPs.\n\nWhat Cardano gains: +€100M of durable fiat-backed TVL, the first production deployment of CIP-113 at institutional scale, the first EU institutional RWA flagship on Cardano, onboarding of 100+ wealth advisors / private banks / family offices, fund units composable across Cardano DeFi.\n\nZero fees requested from the Treasury (tech, Big Four audit, AIFM, legal), 100% self-funded by Bridge Fund. Capital release in milestones (0 / 30 / 30 / 40%) with escrow.\n\nOur mission: build the first prime real estate fund that is both tokenized AND liquid, through its native listing on Cardano's DeFi protocols. Cardano, the infrastructure of European real-economy finance.","requireAnswer":false,"contentHash":"8d3ae4e4a834e5e9525db9f54b9406e1897e8a316cb0b12419898567fb34814a","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ee0","question":"Project Janus: A Roadmap to Decentralized Bridge Authorization and Generalized Cross-Chain Messaging","description":"ChainPort has operated on Cardano mainnet since November 2022 as a primary liquidity gateway, but decentralized minting and release authorization is not live today, and the network still lacks generalized cross-chain messaging. Project Janus funds the architecture to change that.\n\nThe Current State: ChainPort uses Federated MPC where trusted nodes authorize asset releases. Fireblocks resists external attack, but a small federation controls authorization. For Cardano to host mission-critical DeFi and RWA applications, this trust assumption must be removed.\n\nPillar 1: The DVN replaces federated signing with a stake-based BFT quorum (>2/3) of Cardano SPOs. Mithril anchors outbound verification to Ouroboros itself, making Cardano-to-EVM trustless.\n\nPillar 2: Cross-Chain Token (CCT) Standard. An open Plutus policy on CIP-113/143 supporting Burn-and-Mint and controlled Lock-and-Release. A single canonical policy eliminates wrapped-token fragmentation and honeypot risk.\n\nPillar 3: Generalized Cross-Chain Messaging (GMP). A Mailbox-pattern layer enabling Cardano contracts to call functions on EVM chains, unlocking cross-chain governance, RWA synchronization, and one-click DeFi.\n\nSecurity: Five defensive layers: Mithril (outbound), DVN BFT (inbound), rate-limited circuit breakers, 98% cold storage, and independent monitors. Compromising one does not compromise the others.\n\nThe Outcome: Janus decentralizes ChainPort's Cardano infrastructure. The DVN and CCT are published as open CIPs; governance transfers to a DAO treasury. This fulfills IntersectMBO's 2026 Critical Integrations mandate and positions Cardano as a secure, interoperable hub for RWA and DeFi.\n\nJanus complements other cross-chain providers, not competes. They rely on external validator networks. Janus anchors verification to Ouroboros via Mithril and a DVN of Cardano SPOs, and publishes the CCT standard as an open CIP any bridge can adopt. These are Cardano-native primitives external networks cannot provide.","requireAnswer":false,"contentHash":"67c62abccdf8c220469d1678a45ef4e98c065125a79bb309361986d133cc04f9","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ee1","question":"Governance Coalition: Governance Prototype and RFP Program","description":"**Cardano governance is in trouble its voters can already feel:** experienced contributors are burning out, voting power keeps concentrating, and participation is not widening to new cultures and language groups. No funded coordination layer currently exists to design, test, and learn from governance interventions in a way DRep voters can actually evaluate.\n\n*The gap is structural*. Beyond MVG and independent groups are already producing high-quality governance findings, but Cardano still lacks a funded mechanism to turn them into testable, evidence-backed prototypes. If Catalyst-style funding vehicles remain unavailable in 2026, governance-related work risks being left without a realistic path.\n\nThe proposal funds a **coalition of facilitators** to run two 6-month RFP-driven governance exercise cycles inside a single 15-month window:\n\n- **WP1 - Coalition Operations:** the always-on Coordination + Advisory layer, with a fiscal-minimalist seat reserved on the advisor consortium.\n- **WP2 / WP3 - Funding Cycles 1 & 2:** RFP rounds producing PoCs, MVPs, design/research outputs and publicly-reviewable evidence. Output type depends on each RFP's problem.\n- **WP4 - Technical Platform:** the Proposal Builder build, coordinator & advisor admin views, a public decision-log view, and the AI / dev-infra subscriptions the cycles run on.\n\nThe Coalition does not start from zero: Beyond MVG has already diagnosed and prioritised the governance gaps this proposal will operate on. We are funding the downstream coordination and experimentation layer, not a fresh round of diagnosis or large treasury-scale incentive systems, these would require their own future Treasury cycles.\n\nWhat Cardano gets is a transparent, time-boxed RFP mechanism judged on proof of evidence and a shared body of governance experience the next cycle can build on. With no central authority and no formal deterrents in the protocol, shared learning is the ecosystem's strongest defence against drift.","requireAnswer":false,"contentHash":"ff9cf5671cc159de020dacefeab87aa2abd71c4692b5d191e6e4f5e4ec1ae1ca","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ee2","question":"DeFi US App-Layer and Demand Activation and Capital Execution Pilot Program","description":"This program supports Vision 2030 Pillars 2 and 5 by extending Cardano’s app-layer activation execution capacity, with a primary focus on US-linked opportunities capable of generating recurring onchain usage, stablecoin flows, capital utilization and financial activity.\n\nThe proposal focuses on the demand side of Cardano DeFi/OpenFi: fintech applications, treasury tools, wallets and interfaces, payment and settlement flows, allocator and fund channels, stablecoin distribution, US venture and institutional pathways, and distribution partners that can bring users, capital flows and transaction activity to Cardano rails.\n\nThis proposal is independent from Magenta’s Cardano DeFi Deployment Execution Pilot, but complementary to it. The supply-side proposal focuses on DeFi protocols, liquidity and infrastructure activation. This proposal focuses on demand-side app-layer, distribution and capital-flow activation on top of Cardano rails. If both proposals are approved, funds will not be pooled, costs will not be mixed, shared infrastructure will not be double charged, and each proposal will maintain separate gates, evidence, KPI logic, cost tracking and team allocation. Intersect, the program administrator and independent reviewers will be able to verify cost attribution and evidence integrity.\n\nThis is not general BD, growth, marketing, ecosystem promotion or an accelerator program. It does not fund application development, grants, incentives, audits or third-party implementation costs. Magenta’s role is execution focused on activations, integrations, deployments.\n\nThe program is structured as a 6-month pilot phase with conditional scale to months 6-12. Reporting Event 2 is the hard continuation gate. The second half proceeds only if the pilot phase delivers accepted evidence of activation execution, external validation signals and live usage, capital-flow or onchain activity evidence.\n\nUS-linked opportunities will be screened for compliance sensitivity before proceeding.","requireAnswer":false,"contentHash":"2aac451c10825fe31e71c7caccaa9952f82a9cc24c365b51f1e1a781c4cc5c8e","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ee3","question":"Formal Verification in Lean 4 and Blaster — Cardano Auditor Training Program 2026","description":"One important off-chain risk for Cardano is unaudited or under-audited smart contracts. This proposal does not claim that Cardano lacks general audit firms; it targets the narrower gap of reusable Lean 4 + Blaster training materials and a small pipeline of engineers able to produce machine-checked EUTxO audit artifacts.\n\nThe 12-month engagement runs **two small live cohorts (\\~8 in Cohort 1, \\~10 in Cohort 2)** in four quarterly milestones: curriculum hardening (Q1); Cohort 1 delivery + recordings published (Q2); open-source release + Cohort 2 intake (Q3); Cohort 2 + cumulative impact report (Q4). Cohort sizing is deliberately small: Lean 4 + Blaster + Cardano-EUTxO is a niche specialism. The value of the engagement is the *permanent curriculum + recordings + worked-example audit artifacts* the ecosystem retains under MIT, not the live-cohort headcount. Anchored on the team's existing formal\\_verification\\_lean4\\_course GitHub repository, expanded to a fully reproducible programme with exercises, recordings, and worked audited contracts.\n\nAll curriculum materials, exercises, and recordings are public-good open-source artifacts under MIT, governed under the same Intersect OSC/TSC incubation framework that hosts Evolution SDK. The programme is delivered by **No Witness Labs LLC** — the same entity currently delivering Catalyst Fund 14 milestone-by-milestone, with audit credentials directly relevant to teaching auditing: 320+ vulnerabilities found, $500M+ in value protected, 18 protocols secured, zero post-audit exploits.","requireAnswer":false,"contentHash":"9265b1a33c12bf2bbbd6271960e29132501e0fc93ea8555bb89333b66690e962","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ee4","question":"Evolution SDK 2026. Hardening to v1.0, Modern DevEx, and the Agent Economy","description":"Every developer who evaluates Cardano and chooses Ethereum or Solana instead is a dApp that doesn't get built, transactions that don't happen, and fees that don't flow to stake pools. Today, a TypeScript developer arriving from another chain finds no stable SDK, no familiar API patterns, no way to compose DeFi from a single library, and no AI-agent tooling. Cardano has 672 monthly active developers. That number is a tooling problem, not a protocol problem.\n\nEvolution SDK is built to close that gap. A pure-JavaScript off-chain engine with 220+ modules, a working transaction pipeline, and the first project in Intersect's OSC + TSC incubation. This proposal funds 2 senior engineers + 1 developer experience lead over 12 months to make it production-grade, ecosystem-ready, and agent-compatible.\n\nProduction-grade means optimized serialization, sub-millisecond transaction construction, and a modernized runtime, all measured on a public benchmark dashboard. Ecosystem-ready means a simplified API that gets a new developer to their first Cardano transaction in under 5 minutes, plus a DeFi plugin system with four named protocol integrations (Minswap, Strike, Dano, Fluid). Agent-compatible means a toolkit that lets any AI agent send ADA, mint tokens, swap, stake, and participate in governance with built-in spending limits. This is Cardano's answer to Coinbase AgentKit and Solana Agent Kit, which ship 50+ and 60+ actions respectively on their chains while Cardano has none.\n\nWhat Cardano gets back: a stable SDK, a faster transaction pipeline, a DeFi composability layer, and an AI-agent toolkit. All open-source, all governed under Intersect, all built to outlast this engagement.","requireAnswer":false,"contentHash":"f861d2557ec6269c51b90d64e38da656bfe926b2d6c16291ff77e9cd3676f841","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ee5","question":"DeFi Ecosystem Connectivity via Ledger Wallet with Clear Signing","description":"This proposal aims to bridge the gap between secure cold storage and the Cardano DeFi ecosystem. Currently, ADA is a top-6 asset secured on Ledger, yet activity is largely limited to native staking. We propose a full integration that allows retail ADA holders to connect to Cardano dApps directly through Ledger Wallet. This integration is centered on two industry-leading security pillars: **Clear Signing** and **Transaction Check**, ensuring that as liquidity flows into Cardano DeFi, user security remains uncompromised.","requireAnswer":false,"contentHash":"13d2a63920bee47b07e6a205dcd71901d837f70c3558e5eb0a653423c4057b5a","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ee6","question":"Full Integration of CIP-113 with Clear Signing across Ledger Products","description":"This proposal outlines the comprehensive integration of Cardano’s CIP-113 token standard into the entire Ledger product suite. By enabling support across Ledger Signer, Ledger Live (Wallet), and Ledger Enterprise, we ensure that Cardano’s evolving token ecosystem is accessible, secure, and transparent. A critical component of this integration is **Clear Signing**, which ensures users can verify exactly what they are signing on their trusted device screen, eliminating \"blind signing\" risks for the new token standard.","requireAnswer":false,"contentHash":"65202693e9fed07d010f80dfcea66fe93723232a89cdf41b199f254fb05700dd","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ee7","question":"Cardano app on Ledger maintained by Ledger Technologies SAS","description":"This proposal seeks community approval for a yearly maintenance fee to be paid to Ledger Technologies SAS. As the industry leader in hardware security, Ledger's direct involvement in maintaining the Cardano application ensures the highest standards of security, performance, and compatibility with the Cardano ecosystem. This partnership guarantees that Cardano users on Ledger devices receive timely updates, bug fixes, and seamless integration with new network features.","requireAnswer":false,"contentHash":"fe5db0d42d5298683bd6af3a51171cb3155fa89919374a2cd0defa18230b2507","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ee8","question":"Infrastructure for Quality Certification and Traceability in the Floriculture Industry","description":"Context\n\nThe global floriculture market was valued at USD 77.31 billion in 2025 and is projected to reach USD 127.98 billion by 2034, with a CAGR of 5.76%. ([**Source**](https://www.fortunebusinessinsights.com/floriculture-market-109122))\n\nThe Problem\n\nDespite its scale, the floriculture industry faces major challenges in traceability and protection of plant intellectual property. The ([Source](https://food.ec.europa.eu/plants/plant-variety-property-rights_en)), the largest import market, has strengthened regulations through the Community Plant Variety Rights (CPVR) and UPOV 1991 convention.\n\nBreeders lose significant revenue due to illegal multiplication and unpaid royalties, resulting in costly audits, legal disputes, and reduced innovation. Buyers and regulators increasingly demand origin certification, compliance, and transparent traceability.\n\nProposed Solution\n\nWe will develop a lightweight, secure, and scalable infrastructure on Cardano that enables the automatic generation of digital quality certificates and authorizations after contracts are signed between propagators (such as Plantec), growers, and breeders.\n\nThe solution includes:\n\n- Immutable registration of certificates and licenses without exposing sensitive data.\n- QR code and web-based verification.\n- Integration with existing contract workflows.\n- Scalable batch-level and export traceability for floriculture supply chains.\n\nThe initial pilot will be implemented with Plantec in Latin America, with architecture designed for global scalability\n\nValue to Cardano and Vision 2030 Alignment\n\nThe project drives real-world adoption and enterprise utility for Cardano in a high-value industry. Initial blockchain activity will come from digital certification, licensing, and compliance. As the infrastructure expands toward scalable export traceability, recurring logistics and verification events are expected to increase transaction volume, projecting \\~450K tx in Year 1, 1M in Year 2, and 3–5M annually by Year 3","requireAnswer":false,"contentHash":"a956a73971b3c17f443abb080cc3b330b88477f6dcbe59d8350e28287f9853ae","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ee9","question":"Autonomous AI Finance on Cardano with ClawBank","description":"Cardano has strong infrastructure for secure financial applications, but it still needs more real-world financial activity flowing through those rails.\n\nThis proposal brings ClawBank’s existing programmable financial infrastructure to Cardano. ClawBank already connects banking rails, crypto wallets, stablecoin flows, account operations, and programmable financial interfaces outside Cardano. This proposal extends that infrastructure to Cardano through USDCx settlement, Cardano wallet provisioning, fiat on/off-ramping, MCP and CLI support, treasury coordination, entity-linked financial operations, and preparation for international deployment.\n\nThe focus is practical usage from day one: active wallets, USDCx settlement volume, account operations, transaction activity, and treasury/payment flows on Cardano. The proposal does not depend on large-scale autonomous agent adoption to create value. It supports both human-operated and programmatic financial workflows immediately.\n\nCardano is a strong fit because its deterministic eUTxO architecture allows transaction outcomes to be validated before execution, reducing failed-transaction risk in automated settlement, treasury coordination, and account operations.\n\nCardano already has key pieces of the stack emerging: USDCx rails, wallet infrastructure, x402 integrations, Masumi coordination layers, and growing DeFi/payment systems. ClawBank’s role is to connect these pieces to real operational finance: fiat access, programmable accounts, settlement activity, treasury/payment coordination, and entity-linked financial workflows.\n\nFor Cardano, this creates measurable on-chain activity, increased USDCx usage, new financial access patterns, and reusable infrastructure other teams can build on.\n\nTwo-minute proposal explanation: https://youtu.be/zUnLNhrNrB8","requireAnswer":false,"contentHash":"d0ea9cadfcf694bee9907a0b2a19527539252f03d17411e33c0ee0bcc3136f9e","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8eea","question":"Daedalus Wallet Maintenance and Improvements 2026–2027","description":"This proposal requests 1,000,000 ADA ($250,000 USD) for one year of\nDaedalus wallet maintenance and development (September 1, 2026 – August\n31, 2027), delivered by SE7EN LABS, Inc. IOG costs will be discounted\nfrom this proposal if the Cardano Node Maintenance proposal is accepted.\n\nDaedalus is Cardano's only full-node desktop wallet — it runs an embedded\nCardano node and derives all wallet and governance data directly from the\nchain, with no third-party APIs or trusted backends. For users who will\nnot delegate that trust to a centralised service, Daedalus is their only\noption.\n\nThe value of a full-node wallet was demonstrated during the SundaeSwap\nlaunch in January 2022, one of the first major stress tests of Plutus on\nmainnet. When the chain saturated with script-heavy transactions, Daedalus\nusers achieved significantly better transaction success rates than light\nwallet users — because Daedalus submits transactions directly from a\nlocally-running node with no intermediary. When the network is under load,\nthis is the difference between a transaction going through and failing.\n\nAccording to opt-in telemetry, Daedalus has approximately 4,000 unique\nmonthly active users — committed ADA holders who have chosen to run a\nfull node rather than rely on a light wallet.\n\nThis is a time and materials engagement covering three areas:\n1. **Protocol Maintenance** — Node upgrades, hard fork readiness (Leios,\n   Peras, Nested Transactions), with a compatible release at least 2\n   weeks before every mainnet hard fork\n2. **Ecosystem Expansion** — Electron 41 upgrade, Ledger Flex and Keystone\n   hardware wallet support, CIP-30 dApp connector, Japanese localisation\n3. **Audit Reserve** — Contingency budget for an independent security or\n   code audit, engaged only if a need arises; any unused funds returned\n   to the treasury\n\nIOG continues to support binary signing, ensuring cryptographic release\nauthenticity as funding transitions to the treasury.","requireAnswer":false,"contentHash":"fdac2ee79126b10f4c1f0252bb694ec23e05561fb5cdc1cf939fa302f3f483ad","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8eeb","question":"Tx3 by TxPipe: Open API Layer for Cardano's dApp Protocols","description":"This proposal requests 1,308,000 ADA (plus a 327,000 ADA contingency reserve) over 12 months to deliver an open, standardized interface across Cardano's leading on-chain protocols, so any developer or AI agent can discover, integrate, and compose them through a single consistent surface.\n\nToday, there is no common interface mechanism across the ecosystem. Every integrator is forced to relearn each protocol from scratch, and rebuild the same understanding independently. This raises the cost of every integration, locks users into official frontends that may not survive a downturn, and makes cross-protocol composability impractical.\n\nThis problem is about to get worse. The next wave of on-chain activity will come from AI agents executing workflows autonomously — but blockchain is uniquely susceptible to AI slop: a hallucinated transaction on-chain can move real assets irreversibly. For Cardano to capture agent-driven activity, its protocols need to be discoverable, understandable, and executable by agents through a shared interface layer — one where agents express intents that users can audit before signing, while the underlying transactions remain deterministic.\n\nTx3 is the framework that solves this. Each protocol is described once with a verified interface definition, from which the framework produces documentation, auto-generated SDKs in multiple languages, and live JSON-RPC endpoints. This proposal extends the framework with the agent layer: agent-first documentation, protocol skills packaging operations, and an MCP server that lets agents discover and call any published protocol directly.\n\nThrough Catalyst Fund 14, TxPipe has already put the developer layer into production with 5 protocols live on the [Tx3 Protocol Registry](https://tx3.land). This proposal funds 12 additional onboardings (3 per quarter) with full developer and agent coverage, and the development of the MCP server and skill framework as shared infrastructure for all protocols on the registry.","requireAnswer":false,"contentHash":"a8a97a33e9fa58f8f1ceae804856a404c03bcd9256a1678ed086a98999d08dba","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8eec","question":"Eryx: Zero-Knowledge Capabilities","description":"Over the last years, zero-knowledge technology has grown to solve many challenges in scalability, decentralization, and privacy. It is the core of fourth-generation blockchains. In Cardano, we currently lack variety and accessibility of on-chain proof verification tools for most modern ZK systems. Competing ecosystems are investing a lot of resources into ZK and privacy infrastructure. Ethereum has already built a solid ZK infrastructure layer that developers rely on to build private and scalable dApps. Cardano, despite strong demand, motivation and innovation, sees its ZK initiatives limited by the lack of a common stack.\n\nWe aim to make ZK accessible for developers and end users alike. While Midnight is a big step forward, building ZK infrastructure on the L1 strengthens its own ZK capabilities and enhances interoperability with Midnight. This proposal tackles these issues by delivering concrete ZK framework solutions for Cardano, bringing  ZK and privacy infrastructure directly to the L1.\n\nContributions:\n\n1. A PLONK verifier in Aiken, as an alternative verifier for Circom/SnarkJS proofs.\n2. An adaptation of the RISC Zero zkVM to integrate its general-purpose verifiable computation with Cardano.\n3. An extension of our ZK library in Aiken to improve robustness, usability and AI compatibility.\n4. An implementation of the Semaphore protocol for anonymous on-chain group signaling.\n\nThey will be open-source, and done by Eryx, a 15-year-old company experienced in both Cardano and ZK.\n\nAlthough this initiative delivers infrastructure rather than a product, the ultimate beneficiary is the regular Cardano user. It expands what is possible to build on Cardano. Computations only being verified on-chain lowers fees and speeds up interactions. ZK lets users prove eligibility, membership, or compliance without exposing sensitive information. Applications already competitive on other chains, including private voting, ZK-based DeFi, and cross-chain identity, become viable here.","requireAnswer":false,"contentHash":"48f05ecb06f8b1388a21b4888d84b4841589e754cccc9d7989f22c4b746547a1","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8eed","question":"GOV.EXE by TxPipe & gf Consulting Group: Public Project Execution Integrity, Pilot in Argentina","description":"This proposal requests 2,335,400 ADA (plus 583,850 ADA contingency reserve) for a 9-month pilot to build and validate GOV.EXE, an open-source platform that helps governments execute public projects with transparency and accountability, in a real government environment. The Secretariat of Modernization of the Province of Entre Ríos, Argentina has issued a [formal letter of intent](https://drive.google.com/file/d/1o5u-TF-HKAr36Aq_VqQglDtcDMah2B3Y/view?usp=sharing) and will serve as the institutional partner.\n\nOfficials executing public projects operate across disconnected systems for planning, procurement, and payment. No single authority sees a project's full lifecycle, producing delays, coordination failures, and accountability gaps. The problem is a recognized multilateral priority; World Bank, OECD, and IDB run dedicated programs, publish benchmarks, and actively fund digital government in LATAM.\n\nGOV.EXE sits above existing government systems, and helps officials move public projects through the five stages where decisions are actually made: Mandate, Planning, Procurement, Payment, Closure. As [per preliminary design](https://github.com/txpipe/gov.exe), an AI agent does the work between steps, checking that conditions are met, and preparing each transition for authority signature. On-chain validators enforce the rules of progression, producing an audit trail no single institution can rewrite.\n\nWhat Cardano gets from the pilot is concrete and bounded:\n\n(1) an institutionally endorsed case study Cardano builders can use to approach leads in their own regions; (2) an open-source solution and working-group sessions walking builders through the framework; (3) documented learnings from prospecting LATAM jurisdictions and multilaterals with the solution and pilot results in hand.\n\nThe pilot tests whether this public-sector vertical can scale on Cardano through builder uptake, jurisdiction interest, and measurable ROI. The deliverables are the outcomes of the experiment.","requireAnswer":false,"contentHash":"947de30eb8bbbc75b3f517fd7a2c66c314bb9ceeb3044c7ef5bd4341b271f261","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8eee","question":"Wormhole Cross-Chain Infrastructure for Cardano: Institutional RWAs, Native Multichain Stablecoins","description":"Wormhole connects 40+ blockchains with $70B+ cumulative volume and 1B+ messages. The infrastructure enables Securitize ($4B+ AUM: BlackRock BUIDL, Apollo, Hamilton Lane, VanEck), DigiFT ($205M: UBS uMINT, Invesco, China Merchants Bank), M0 ($779M wholesale stablecoin infrastructure powering MetaMask mUSD and Noble USDN), and pipeline partners (Sky/USDS, RLUSD, Transfero BRZ, Folks Finance, Centrifuge, tBTC, sBTC) to extend to Cardano. The integration is complementary to existing cross-chain efforts on Cardano, expanding the ecosystem's capabilities in institutional RWAs, native mint/burn stablecoins, Bitcoin liquidity, and multichain ADA.\n\nEach cross-chain transaction executes on Cardano and pays fees to the treasury. Base case: 50,000+ Y1 messages, with order-of-magnitude growth in Y2. Break-even from direct fee capture targeted within 36-48 months.\n\nEvery KPI is auditable on-chain via WormholeScan. The community can independently verify delivery in real time. The proposal commits to bridge + swap and bridge + deposit flows so users arriving on Cardano are immediately active in DeFi, driving real volume and treasury fee revenue from day one.\n\n5-6 months active engineering with Cardano Foundation engineering support. Single $5M treasury withdrawal upon vote approval. Quarterly delivery reporting against published milestones. Administrator: Intersect.","requireAnswer":false,"contentHash":"7a784b05b1747872e9efc51f01b85afb81b697d15213078632857344b4dd3e01","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8eef","question":"Support Cardano 2030: A Techstars Strategy for Global Ecosystem Adoption & Utility.","description":"By 2030, the network aims to anchor $3 billion in TVL and support 1 million monthly active users.\n\n**Techstars proposal is to serve as one of the primary engines to source, accelerate, and scale the startups required to meet these 2030 milestones.**\n\nBy merging the Techstars global brand with Cardano’s 2030 vision, we address **Adoption and Utility (P2)**, **Ecosystem Growth (P4)**, and will **establish Cardano hubs in New York and London**, bridging traditional finance and emerging tech to drive institutional adoption.\n\n**Strategic Focus Areas:**\n\n- Talent Acquisition (**P4**): Techstars leverages its scouting networks to recruit the next generation of builders, ensuring a steady influx of talent and a **curated pipeline** for Cardano-focused funds, such as the **Orion Fund**.\n- Targeted Verticals: We focus on DeFi, Real-World Assets (RWA), and Payments. We will **leverage community-delivered results** on programmable tokens and **work with Cardano Contributors**.\n- Sustainability (**P5**): This partnership **professionalizes the project pipeline**, i.e., we ensure Cardano Treasury and Cardano-dedicated private funds, such as the **Orion Fund, are deployed into vetted, high-impact ventures**.\n\n**To execute this strategy, we will deliver the following programming:**\n\n- **4 Techstars Founder Catalysts:** This pre-accelerator program will run four units, each unit will support up to 25 companies, for a total of **100 participants**.\n- **2 Community Development Labs**: These in-person events will take place in **London and New York City**. These labs are designed to position Cardano as the anchor partner for Web3 innovation and **establish a Cardano Community in the world’s leading Financial Hubs**.\n\n**We aren't just building startups; we are constructing the resilient, revenue-generating adoption infrastructure required for Cardano 2030.**","requireAnswer":false,"contentHash":"c2e537ca079524e634715df1e9d76cdad7b0becc12b2b659bfe6d9822612f68d","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ef0","question":"Oura by TxPipe: Maintaining Cardano’s Event Pipeline","description":"This proposal requests 420,000 ADA (plus a 105,000 ADA contingency reserve) to fund **a part-time maintainer for Oura** ([https://github.com/txpipe/oura](https://github.com/txpipe/oura)) over 12 months at an annual rate of $105,000 USD. Oura has been funded twice through Project Catalyst (Fund 9 and Fund 13) for feature development, and this proposal seeks to establish sustained maintenance coverage through Intersect's treasury process.\n\nOura is a Rust-native pipeline tool that connects to Cardano nodes, monitors blockchain events, and routes matching patterns to pluggable outputs for processing. It supports multiple data sources (N2C, N2N, S3, Mithril, UTxO RPC) and a wide range of sinks (Kafka, Elasticsearch, AWS Lambda/S3/SQS, RabbitMQ, Redis, SQL databases, webhooks, and others). Oura is built on the Pallas library and designed for minimal resource footprint, making it suitable for environments ranging from production infrastructure to low-resource setups.\n\nWith 654 commits, 288 stars, 79 forks, and 58 contributors, Oura is the most starred project in the TxPipe portfolio and stands as a strong example of open-source collaboration in the Cardano ecosystem. The project remains fully open-source and actively welcomes contributions from the broader developer community.\n\nThe maintainer's work is organized across three areas, to ensure Oura remains usable, reliable, and up to date for every downstream user that depends on it:\n\n- Essential maintenance of the codebase, including dependency updates, Cardano protocol compatibility, performance improvements, bug fixing and documentation.\n- Community support includes issue triage, review of external contributions, enhancements driven by ecosystem feedback, and public communication with the developer community.\n- And as an important addition to the maintenance scope, we'll focus on upgrading Oura compatibility with AI-driven development workflows by providing AI-friendly documentation and integration resources.","requireAnswer":false,"contentHash":"763184681f2b4c40574cbf7ec8ba5bd8bf7aa421bd6733240bad5a559f6b4ae1","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ef1","question":"UTxO RPC by TxPipe: Maintaining Cardano’s Integration Standard, Year 2","description":"This proposal requests 420,000 ADA (plus a 105,000 ADA contingency reserve) to fund **a part-time maintainer for UTxO RPC **([https://github.com/utxorpc](https://github.com/utxorpc)) over 12 months at an annual rate of $105,000 USD, continuing the open-source maintenance initiative funded through Intersect's treasury process in the previous cycle. The new grant period would begin after the closure of the existing contract, ensuring uninterrupted maintenance coverage.\n\nUTxO RPC is an open interface specification designed to standardize interactions with UTxO-based blockchains. It defines common methods, data structures, and communication patterns using Protocol Buffers, and provides SDKs in multiple languages (Rust, Go, Node.js, .NET, Haskell, Python) to simplify blockchain integration for developers. It has been adopted by key ecosystem workstreams including Amaru, Dingo, and the Haskell Cardano node, validating it as a standard across the ecosystem.\n\nThe project maintains 10+ repositories covering the core specification, language-specific SDKs, documentation, and provider integrations. The project remains fully open-source under Apache 2.0 and actively welcomes contributions from the broader developer community.\n\nThe maintainer's work is organized across four areas, to ensure UTxO RPC remains usable, reliable, and up to date as a standard  across the ecosystem:\n\n- Maintenance of the protobuf specification, including protocol compatibility, versioning, and documentation.\n- Maintenance of the official SDKs, including dependency updates, performance improvements, and bug fixing.\n- Community support includes issue triage, review of external contributions, enhancements driven by ecosystem feedback, and public communication with the developer community.\n- And as an important addition to the maintenance scope, we'll focus on upgrading UTxO RPC compatibility with AI-driven development workflows by providing AI-friendly documentation and integration resources.","requireAnswer":false,"contentHash":"92855e661de6abd567f469cbff93d7bbf08ab6adfa69f705c95eb3e77afd79f8","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ef2","question":"Dolos by TxPipe: Maintaining Cardano's Lightweight Data Node, Year 2","description":"This proposal requests 420,000 ADA (plus a 105,000 ADA contingency reserve) to fund **a part-time maintainer for Dolos **([https://github.com/txpipe/dolos](https://github.com/txpipe/dolos)) over 12 months at an annual rate of $105,000 USD, continuing the open-source maintenance initiative funded through Intersect's treasury process in the previous cycle. The new grant period would begin after the closure of the existing contract, ensuring uninterrupted maintenance coverage.\n\nDolos is a lightweight Cardano data node built in Rust, designed to provide efficient access to chain data without the overhead of traditional full nodes and consuming a fraction of the resources. It connects directly to the Cardano network, indexes the full breadth of ledger primitives, and exposes five query interfaces including Mini-Blockfrost (HTTP), UTxO-RPC (gRPC), Mini-Kupo (pattern-matching UTxO queries), and an Ouroboros N2C unix socket compatible with Cardano-cli, Ogmios, and other existing tooling.\n\nWith 939 commits, 80 releases, 129 stars, 51 forks, and 27 contributors, Dolos stands as a strong example of open-source development in the Cardano ecosystem. The project remains fully open-source and actively welcomes contributions from the broader developer community.\n\nThe maintainer's work is organized across three areas, to ensure Dolos remains usable, reliable, and up to date as a lightweight, resource-efficient gateway to Cardano chain data:\n\n- Essential maintenance of the codebase, including dependency updates, Cardano protocol compatibility, performance improvements, bug fixing and documentation.\n- Community support includes issue triage, review of external contributions, enhancements driven by ecosystem feedback, and public communication with the developer community.\n- And as an important addition to the maintenance scope, we'll focus on upgrading Dolos compatibility with AI-driven development workflows by providing AI-friendly documentation and integration resources.","requireAnswer":false,"contentHash":"331277c5b34a9e34232168fc74cda0142a02a60698a7c23eaaa41d72eb9828ac","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ef3","question":"Pallas by TxPipe: Maintaining Cardano's Core Rust Libraries, Year 2","description":"This proposal requests 420,000 ADA (plus a 105,000 ADA contingency reserve) to fund **a part-time maintainer for Pallas **([https://github.com/txpipe/pallas](https://github.com/txpipe/pallas)) over 12 months at an annual rate of $105,000 USD, continuing the open-source maintenance initiative funded through Intersect's treasury process in the previous cycle. The new grant period would begin after the closure of the existing contract, ensuring uninterrupted maintenance coverage.\n\nPallas is a collection of Rust crates that re-implement core Ouroboros and Cardano primitives: CBOR encoding, cryptographic operations, mini-protocol networking, multi-era ledger traversal, transaction building, and address handling. These crates serve as shared infrastructure for projects like Aiken, Dolos, Lucid, Oura, Mithril, Amaru and many others across the ecosystem.\n\nWith over 649 pull requests, 199 stars, 91 forks, 60 contributors, and 214,446 downloads on crates.io ([https://crates.io/crates/pallas](https://crates.io/crates/pallas)), Pallas stands as a strong example of open-source collaboration in the Cardano ecosystem. The project remains fully open-source and actively welcomes contributions from the broader developer community.\n\nThe maintainer's work is organized across three areas, to ensure Pallas remains usable, reliable, and up to date for every downstream project that depends on it:\n\n- Essential maintenance of the codebase, including dependency updates, Cardano protocol compatibility, performance improvements, bug fixing and documentation.\n- Community support which includes issue triage, review of external contributions, enhancements driven by ecosystem feedback, and public communication with the developer community.\n- And as an important addition to the maintenance scope, we'll focus on upgrading Pallas compatibility with AI-driven development workflows by providing AI-friendly documentation and integration resources.","requireAnswer":false,"contentHash":"411aa4f35d74f98bc2ce6bb01b65c73659ec912561f9e6fd65f6aafd60ff3522","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ef4","question":"DeFi Rails & Deployment Pilot Program","description":"This program supports Vision2030 Pillars 2 & 5 by extending Cardano’s DeFi deployment execution capacity. It complements native teams, wallets, liquidity programs, infrastructure efforts and governance actors, including Critical Integrations, the DeFi Liquidity Program and Orion, by moving qualified opportunities toward deployment and activation.\n\nCardano’s DeFi infrastructure is stronger than in prior cycles, but gaps remain: fragmented liquidity, limited stablecoin usage, narrow lending and credit markets and missing primitives. Magenta Labs targets execution paths that can reduce these gaps. Each counted opportunity includes a KPI impact rationale showing potential Vision 2030 impact.\n\nThis is not marketing, intros or generic BD. It does not fund liquidity, audits, incentives, grants or third-party costs. Where those needs arise, Magenta tags the decision owner and routes the opportunity to the relevant treasury process, liquidity program, infrastructure team, native protocol, wallet, capital vehicle or third-party path.\n\nThe intended result is capital-efficient DeFi progress: more qualified opportunities moving into deployment or activation, stronger liquidity and capital routes, and better evidence for future ecosystem decisions.\n\nThis is a 6-month pilot-to-scale program, with conditional scale from months 6 to 12. Payment is 15%-25%-30%-30% across four reporting events. Only 40% is released before the continuation gate, with 60% conditional on accepted midpoint evidence, external validation signals and administrator approval.\n\nThe proposal complements Magenta’s US App-Layer Demand Activation Pilot but is accountable on its own. If both are approved, funds will not be pooled, costs will not be mixed, shared infrastructure will not be double charged, and each proposal will maintain separate gates, evidence, KPI logic, cost tracking and team allocation. Intersect, the administrator and reviewers can verify cost attribution, evidence integrity and non-duplication.","requireAnswer":false,"contentHash":"2497311c0be50a8cee85ffca1a5dd8db5806e6a1394f6605943444a4a075071e","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ef5","question":"Marlowe V2","description":"Marlowe is a DSL designed specifically for financial contracts on Cardano — things like escrows, swaps, bonds, and payment schedules. The idea behind Marlowe is to make smart contract development accessible to non-programmers (financial professionals, lawyers, businesses) by abstracting away from the complexity of Plutus/Haskell and Aiken. In retrospect, the vision of non-technical financial professionals writing on-chain contracts was ahead of where both Cardano adoption and institutional blockchain engagement actually were at the time.\n\nWith the rise of interest in DeFi on Cardano, now is the time to look again at Marlowe, since no other technology on Cardano (or indeed on other chains) has fully cracked what it was attempting — a genuinely accessible, formally verifiable financial contract tool for domain experts on a public blockchain. This proposal will modernise and update Marlowe to face the challenge of delivering Cardano DeFi.\n\nA group consisting of developers and users as well as core team members recently met over four meetings to design Marlowe V2 and the full report of this can be found here\\* \\*[*Marlowe language V2 Final Report*](https://docs.google.com/document/d/1Ex7SyN2hys8CD-hmULiwYNkKumGELlEAl15KWkMIpKs/edit?usp=sharing). The group envisaged improving Marlowe in a number of ways: simplifying some aspects, while making the language more expressive, scalable and secure. Proposals were categorised as to be implemented in Marlowe V2.0, to be elaborated for V2.1, or for future versions.\n\nThe proposal requests Treasury funding to implement Marlowe V2.0: this consists of the on-chain,Marlowe validator, the off-chain Runtime, and the Marlowe tools and infrastructure making up the Marlowe Platform. The project will also support the design and prototype of Marlowe V2.1, as outlined in the report, and also conduct an in-depth feasibility study on Marlowe as the basis of a Cardano L2 solution - a Marlowe State Channel - a radical DeFi innovation.","requireAnswer":false,"contentHash":"a3f40f2df15a8fd741be779e261b8353170499b0ad447002d96de6ef11fe8d02","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ef6","question":"Enhance Swarm Treasury System with Open Social Governance","description":"Cardano's decentralised organisations already operate treasury tools and governance practices, but they do so in silos. The gap is integration: no single platform connects stated intentions to tracked contributions to on-chain rewards.\n\nThis proposal combines the Swarm Treasury System with Sociocracy 3.0 (S3) governance patterns into a single integrated platform. The result is a web application in which organisations would define their purpose and structure, import and manage contribution data, execute on-chain treasury distributions, and run lightweight impact assessments, all through a Cardano wallet.\n\nWe provide a cohesive governance layer in which diverse voices and perspectives are visibly recognised, contributions are traceable from intention to on-chain rewards, and decentralised organisations share a common foundation for deciding and acting together. Beyond the tooling itself, this is an investment in the connective tissue Cardano governance needs to move forward as one ecosystem rather than many disconnected efforts. Funding it gives DReps, SPOs, and member-led organisations a shared, auditable way to align purpose with funded outcomes.","requireAnswer":false,"contentHash":"4140f3f2a8eba7c0d5cc14e6cbbb89559325a77ca0e210ee6a92a5c681ea8385","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ef7","question":"MLabs - Grumplestiltskin 2: Pasta Curve Builtins and Kimchi PLookup Proof-of-Concept","description":"Zero-knowledge proofs (ZKPs) let one party verify that another knows something — or has performed some computation — without revealing the underlying data. They're foundational to privacy-preserving applications across blockchains. CIP-381 already brought basic ZKP support to Cardano via the BLS12-381 elliptic curve builtins, but the proof systems built on it are limited by the curve's properties: proofs are large, verification is slow, and many of the most efficient modern proof systems aren't usable at all.\n\nMina's Kimchi proof system shows what better looks like. It uses a different curve family — the Pasta curves (Pallas and Vesta) — designed for recursive composition, where one proof can verify another. Combined with a technique called PLookup, it produces dramatically more efficient proofs for many practical use cases, including table-based privacy applications.\n\nCardano cannot use this on-chain today because the necessary curve operations aren't available as Plutus Core builtins. This proposal closes that gap:\n\n- A CIP describing UPLC builtins for the Pallas and Vesta curves, modeled on the existing CIP-381 BLS12-381 interface.\n- An implementation in cardano-base (using the well-established arkworks-rs library) and the corresponding builtins in Plutus Core.\n- A proof-of-concept verifier for Kimchi-variant PLookup proofs, built using the YTxP framework MLabs delivered under Catalyst Fund 12, demonstrating the new capabilities end-to-end.\n\nThis continues from the original Grumplestiltskin project (a 2025 Cardano Treasury proposal that delivered a parameterized curve framework in Plutarch). Where Grumplestiltskin 1 established that Cardano-native implementations of cryptographic curves are effectively impossible, instead Grumplestiltskin 2 adds specific high-value curves at the protocol level — specific support for curves that matter. The two efforts are complementary.","requireAnswer":false,"contentHash":"df905050d8719e73f19e4b932a4cf281f9f39a6b1077021b5969b52e8af7d848","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ef8","question":"Innovation & Growth DAO","description":"*Cardano has a powerful Treasury and maturing governance, yet many smaller, high-potential initiatives still lack a suitable funding route. Direct Treasury Withdrawals are too heavy for early-stage, experimental, public-good, governance, research, tooling or community work and it is not realistic to expect hundreds of DReps to assess every sub-300k ADA proposal through the full on-chain process.*\n\n*The Innovation & Growth DAO is designed to fill this gap.*\n\n*We propose a DRep-governed funding mechanism that allocates 12 million ADA across three smaller-ticket funding rounds with maximum ADA submission cap per round and maximum 1 submission per entity per round, supporting proposals in the range of 20,000 to 300,000 ADA. The objective is to create a focused, Treasury-native pathway for projects that are too small or too early for large direct Treasury requests, yet too valuable to be left without credible support.*\n\n*The DAO will operate through structured application rounds, submission fees and skin in the game as initial filter, clear eligibility rules, DRep-based and domain experts reviews, public voting rationales, milestone-based disbursement, and transparent reporting. It will act as an early validation layer and top funnel in Cardano’s funding ecosystem, helping smaller initiatives build traction, and graduate toward larger Treasury proposals, commercial funding, or self-sustaining models.*\n\n*Funds will be released against milestones rather than unconditionally. DRep and expert participation will be subject to conflict-of-interest rules, rationale requirements, and capped compensation for documented review and oversight work. Independent assurance, public reporting, and the return of unused or unallocated funds will help protect Treasury resources.*\n\n*The Innovation & Growth DAO is intended to be a disciplined, transparent, and human-scale funding layer for Cardano: large enough to matter, small enough to manage, and structured to earn the community’s trust.*","requireAnswer":false,"contentHash":"d5ca4aa9fb2bc72ab77cf6269727db21d6c34fb12645c475af622ff26398be42","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8ef9","question":"High-performance Rust Ogmios Client","description":"*Why now: Ogmios is a widely used WebSocket JSON/RPC bridge to cardano-node, but the official developer path still centers on TypeScript. For backend systems, trading and monitoring tools, data pipelines, and other performance-sensitive Cardano applications, Rust is a natural fit because it offers strong performance, memory safety, and efficient concurrency.*\n\n*This proposal funds the implementation of a robust high-performance Ogmios client library written in Rust. The library will support all four Ogmios mini-protocols: chain synchronization, ledger state queries, transaction submission, and mempool monitoring. It will be built as open-source developer infrastructure, with a strong emphasis on correctness, performance, and production usability. The project includes performance-oriented implementation work where justified, an example application exercising all supported features, unit and end-to-end testing, and validation on both preprod and mainnet data.*\n\n*The value to Cardano is straightforward. A production-grade Rust Ogmios client lowers the barrier for Rust developers building on Cardano, improves the tooling available for low-latency and high-throughput applications, and strengthens the ecosystem’s open-source backend infrastructure. It helps teams building DEX infrastructure, mempool-aware applications, bots, monitoring systems, and data-intensive services interact with Cardano more efficiently and with less custom integration work. The proposal aligns with Cardano’s strategy around infrastructure, interoperability, and developer experience, and will be delivered through milestone-based open-source outputs that DReps can verify directly.*","requireAnswer":false,"contentHash":"aa76fafeb1e61ec78f2dbf784e4bf876608fa5536a90efa75945495699348d03","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8efa","question":"Integration of Cardano into the Houdiniswap Aggregator","description":"**Integrating Cardano Defi liquidity into Houdiniswap**\n\nWe plan to integrate Cardano at the DeFi layer into the Houdiniswap aggregator, enabling both **same-chain and cross-chain swap functionality.** This initiative is designed to position Houdiniswap as a leading aggregation platform within the Cardano ecosystem.\n\n**Planned integration pathways:**\n\n**1. NEAR Intents Integration**\n\nBy integrating the NEAR Intents API, we will enable cross-chain swaps for the ADA token across both EVM and non-EVM networks. This will expand interoperability while maintaining support for key native wallets (Eternl, Vespr) and additional third-party wallets supporting Cardano.\n\n**2. Minswap DEX Integration**\n\nWe will integrate the Minswap API, a native decentralized exchange on Cardano, to provide users with seamless same-chain swap capabilities across a wide range of assets. This integration will support native wallets such as Eternl and Vespr, as well as selected non-native wallets.\n\n**3. Wanchain Integration**\n\nIntegration with Wanchain’s API will facilitate cross-chain asset transfers from multiple EVM and non-EVM networks into the Cardano ecosystem. This pathway will further enhance liquidity access and will support both native (Eternl, Vespr) and non-native wallets.\n\nAfter completing these integrations, Houdini will become the number one aggregator in terms of route coverage: same-chain swaps, cross-chain swaps, and private swaps. Following that, we will focus on providing our API to top wallets and other products within the Cardano ecosystem, enabling them to leverage our API and gain access to a broad range of functionality.","requireAnswer":false,"contentHash":"c313889ca69069fcd40d7976f922e63635fef8bcfb88508892bb5a5baf61375e","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8efb","question":"MLabs - TrueInventory: An accessible blockchain inventory for videogame developers","description":"Online videogames are complex software projects, and integrating a blockchain into one is even harder. Game developers must solve difficult engineering problems while keeping players engaged, and current Cardano tooling is rarely designed with games in mind. The result: blockchain integration in Cardano games is mostly limited to NFT minting at the edges, rather than running through the systems where in-game economies actually live.\n\nTrueInventory addresses this gap. It is a complete, open-source inventory management service that fits naturally into existing game architectures, with familiar features developers already expect — items, bundles, recipes, generators, transfers, and crafting — combined with native Cardano tokenization. Players gain real ownership of in-game items as Cardano tokens, can freely transact those items on-chain, and can redeem tokens for in-game access. Developers get a working system they can drop into a new or existing game without having to invent the integration themselves.\n\nThe 1.0 release will include a server implementing three HTTP APIs (GameServer, GameClient, Claim), a set of open-source native scripts for tokenized items, and client libraries plus end-to-end demonstration projects for the three most widely used game engines: Godot, Unity, and Unreal Engine.\n\nThis is open-source, foundational ecosystem work. There is no specific game studio it is being built for. The goal is to make it materially easier for any team to bring a Cardano-aware game to production, in turn making \"build your blockchain game on Cardano\" a more credible default than it is today.\n\nMLabs delivers this proposal building on prior Catalyst-funded Godot wallet integration work for Cardano — direct, recent experience at the intersection of Cardano-style cryptographic tooling and game engine code.","requireAnswer":false,"contentHash":"afe234cf6b732a34213a7d4485eb9437f2272b29fc171723852e711f9f19ab40","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8efc","question":"MLabs - Cardano Tx Library: JavaScript/TypeScript Interface, Koios Backend, Hard Fork Maintenance","description":"CTL is a foundational off-chain transaction-building library that has been part of the Cardano developer toolkit since the Alonzo era and has historically been the first library to ship support for new ledger features. It is in production use by Indigo, Clarity, Cardano Racers, Noble Steed Games, SingularityNet, and others, several of whom maintain their own forks.\n\nToday CTL is reachable only from PureScript. That keeps it out of the hands of the largest population of Cardano developers (those writing JavaScript and TypeScript) and concentrates maintenance on a smaller community than the library deserves. The library also needs to keep pace with Cardano's protocol roadmap, including preparation for the Dijkstra hard fork (Protocol Version 12, expected Q1–Q2 2027).\n\nThis proposal funds three work packages:\n\n1. **JavaScript/TypeScript Interface** — opens CTL to JS/TS developers without requiring them to learn PureScript.\n2. **Koios Backend** — adds Koios as a first-class query layer alongside the existing Blockfrost and Kupo+Ogmios options.\n3. **Quarterly Maintenance and Dijkstra Hard Fork Preparation** — funds disciplined dependency-bump cycles and the Dijkstra-readiness work CTL needs during the budget period.\n\nThis work supports Cardano's vision of being the most secure, reliable, and censorship-resistant blockchain for mission-critical applications by lowering the barrier to entry for builders and keeping foundational tooling current with the protocol.\n\nCTL has prior funding from IOG, ecosystem adopters, and Project Catalyst Funds 8, 9, 10, 11, and 13. It is currently under separate review by the Intersect Open Source Committee's Tooling Sustainability Program, which is expected to cover core maintainership and Van Rossum hard fork work. This proposal is scoped to work that program does not cover: net-new feature development (WP1, WP2) and forward-looking maintenance tied to the 2026/early-2027 cycle (WP3).","requireAnswer":false,"contentHash":"c61dbec3b399a8b0ec106f13343799776da9d07cb1991a87e99c31c433e682e6","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8efd","question":"BloxBean Java/JVM Toolchain for Cardano: 2026 Maintenance & New Initiatives","description":"BloxBean maintains a suite of production-grade open-source Java/JVM toolkits for Cardano:\n\n- Cardano Client Lib (CCL)\n- Yaci\n- Yaci Store\n- Yaci DevKit\n\nThese tools power Cardano Rosetta-Java (the official Cardano exchange integration implementation), uVerify, Aquarium from Fluid Tokens, USDM, Easy1 Stake Pool, Gero Wallet, and other community apps. They are the entry point for one of the world's largest developer communities, Java/Kotlin/Scala engineers, to build on Cardano.\n\nBloxBean projects are currently supported by a small team of contributors totaling 3.5 FTEs. Cardano Foundation funds 2.5 FTEs, which includes the lead maintainer, Satya, who is an employee of Cardano Foundation with his salary covered by the Foundation. The remaining 40 hours per week (1 FTE) is funded through BloxBean via the 2025 Cardano budget proposal.\n\nThis proposal seeks funding to support 60 hours/week (1.5 FTE) for ongoing maintenance and the maturation of new initiatives (Yano and JuLC) over the next 12 months.\n\nBeyond regular maintenance and hard fork readiness, key items on our 2026 roadmap include:\n\n1. **CCL:** Deliver a stable release of CCL 0.8.0 with advanced transaction building capabilities, including TxFlow (Tx workflow primitives and chaining support), TxPlan (Tx building via YAML), and verifiable data structures (MPF).\n2. **Yaci Store:** Support upcoming hard forks; deliver a stable version of Analytics Store (Parquet files via DuckLake); full Blockfrost API compatibility (\\~95%); and ship a stable MCP server based on Parquet files.\n3. **Yaci:** Hard fork readiness.\n4. **Yaci DevKit:** New updates with upgraded components, enhanced documentation, and Yano backend integration.\n5. **Yano:** Graduate Yano (a Java-based custom devnet node for Yaci DevKit) from prototype to multiple beta releases, enabling rollbacks, time travel, and snapshots.\n6. **JuLC:** Advance JuLC (Java to UPLC converter) from experimental to multiple beta releases.","requireAnswer":false,"contentHash":"6940ad0b370c91a5a745d9260a378004d67fc1e6e69993fa7134fad9c0224291","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8efe","question":"Cardano MCP by Lido Nation & 2 Lovelaces","description":"Cardano is the only major blockchain without a production AI developer MCP. Solana has 40+. Ethereum has 30+. Every developer who tries to build on Cardano with an AI agent today gets wrong answers — and many of them quietly migrate to chains where the tooling works. This is an active driver of developer attrition that no amount of documentation, grants, or evangelism fixes on its own.\n\nThis proposal funds the production build of cardano-mcp — a working prototype already live at github.com/lidonation/Cardano-mcp — into 54 production-grade tools across six modules: query, transaction building, tokens and NFTs, smart contracts, indexing, and a 26-tool governance and DRep workbench built specifically for CIP-1694 participation.\n\nThe governance module is the proposal's defining contribution. It collapses the DRep workload — reading proposals, analyzing sentiment, forecasting ratification, tracking expiry, drafting CIP-100-compliant rationale — into tools an AI agent can run in minutes. Nothing equivalent exists in the ecosystem today.\n\nVision 2030 alignment: Adoption & Utility (closing the AI-tooling gap that drives developer attrition) and Community & Ecosystem Growth (operationalizing CIP-1694 for the DReps doing the work).","requireAnswer":false,"contentHash":"3d85ec6c9e80f67995cb822f0eb84dd63b37fa9b3a228f09777a1932b74223c1","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8eff","question":"Nula: Cardano's token streaming protocol","description":"[Cardano is missing foundational DeFi primitives](https://cardanodefi.space/) — the building blocks that make composable on-chain finance possible. Token streaming is one of the most conspicuous gaps: the rail beneath vesting, payroll, DAO grants, and structured payouts. Today these workflows happen off-chain, through centralized custodians.\n\n**Nula** fills that gap. It is an open-source, patent-free, non-extractive linear token streaming protocol on Cardano.\n\nAn owner locks tokens once at a fixed accrual rate; the recipient can either withdraw what has accrued whenever they choose, or opt for automatic delivery straight to their wallet on a schedule. The protocol charges no platform fee and captures no value — every transaction pays only the standard Cardano network fee, which flows back to stake pool operators and the treasury. Nula is treasury-positive infrastructure: every stream created, every withdrawal, every delivery contributes directly to the ecosystem that funded it.\n\nNula aligns with Cardano's vision of secure, reliable, censorship-resistant infrastructure for mission-critical applications. Recipients keep accruing tokens even if the owner disappears, the validator holds no upgrade authority over user funds, and every stream is verifiable on-chain. Both owners and recipients can be individuals or smart contracts, making Nula a composable building block for the broader Cardano DeFi ecosystem — opening the door for interoperability with DEXes, lending protocols, DAOs, and any future protocol that needs to release value over time.\n\nToken streaming is already a proven financial primitive on other chains and Cardano has no equivalent native protocol today. Supporting [market-demand data and a competitive landscape analysis](https://nula.stream/#what-does-the-competitive-market-look-like) are provided in the linked external resource, including usage metrics from Superfluid and Sablier and a comparison of Nula's design against existing streaming protocols.","requireAnswer":false,"contentHash":"edf40df4bf37d7f43c5b61332214aaa394a820ca996d61b1eca23535b1dd976b","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f00","question":"Ecosera: The End-to-End Clinical Research Ecosystem — From Trial Funding to Drug Approval on Cardano","description":"Cardano's 2030 Vision calls for the network to power mission-critical applications for the economies of the future. Clinical research is one of the most mission-critical industries that exists — every approved drug depends on infrastructure that is auditable, tamper-evident, and regulator-grade. No public blockchain has established a credible foothold in this vertical.\n\nEcosera is a live clinical research OS: EDC, eTMF (21 CFR Part 11), PHR (FHIR R4), RWE ingestion, IRB workflows, and patient-trial matching across 193 data models. Ecosera aligns with the FDA's real-world evidence and digital health frameworks, including the RTCT initiative, targeting compliant pilot programs through EOM Pharmaceuticals. It connects all stakeholders — sponsors, CROs, patients, regulators, and investors — in one verifiable ecosystem.\n\nThis proposal funds six components: (1) Aiken stablecoin patient stipend escrow, (2) RWD/document provenance anchoring to Cardano, (3) parameterized stablecoin settlement adapter, (4) FDA-aligned sponsor pilot integration, (5) cross-cutting audit/legal/PM, and (6) an ecosystem integration layer connecting Ecosera with Libertum's RWA tokenization and ResearchDAO governance — enabling on-chain funding of clinical trials from inception through approval. All deliverables are Apache 2.0.\n\nCardano alignment: Ecosera's recurring platform fees are denominated and settled in AxellaCoin (AXC), a native Cardano token. Every sponsor contract, site onboarding, document anchoring, and patient stipend disbursement generates AXC transactions on Cardano — creating a continuous, self-sustaining stream of real economic activity on-chain. This is not a one-time grant return: it is a permanent engine of Cardano transaction volume, MAU growth, and native token utility, driven by a regulated, revenue-generating platform operating in a $80B global industry.","requireAnswer":false,"contentHash":"bf7f83bc42c9e92ae948fb495e39bafde07c7a49b4b4395fb0ba91c16b6c9705","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f01","question":"Cardano Tooling DAO","description":"The Cardano Tooling DAO is an ecosystem-wide, purpose-built, smart contract-governed funding mechanism designed to support teams building the tools and infrastructure that power Cardano’s long-term growth. Its role is to allocate capital to tooling and infrastructure providers whose products create measurable ecosystem value through developer usage, product adoption, and broader utility across the network. CT DAO focuses on explorers, APIs, SDKs, analytics platforms, and other infrastructure, with KPIs such as Monthly Active Users (MAU) and Monthly Active Developers (MAD) playing an important role in evaluation. ([https://docsend.com/view/kbbzv37vw3ifx587](https://docsend.com/view/kbbzv37vw3ifx587))\n\nThis proposal is part of the Initiative DAO Framework. ([https://docsend.com/view/9jvuzx6ejpnutpmq](https://docsend.com/view/9jvuzx6ejpnutpmq))\n\nThe Cardano Builder DAO was the first successful pilot implementation of the Initiative DAO framework in 2025. In the 2026 budget cycle, dReps, builders, marketers, and developers across the Cardano ecosystem have come together to propose expanding the application of this framework to other parts of the ecosystem. This is a grassroots, community driven effort to expand a proven model of funding to essential parts of the ecosystem that have traditionally been candidates for Catalyst funding.\n\nThe Initiative DAO Framework improves how ecosystem funding is allocated across the verticals that matter most for Cardano’s growth and operation. Rather than distributing treasury capital through fragmented proposal-by-proposal processes, the framework organizes capital into specialized DAOs with clear mandates, transparent reporting, aligned incentives, and built-in accountability. To preserve clarity of mandate and avoid overlapping treasury support, members of the Tooling DAO are not permitted to seek funding from the Builder DAO and the Tooling DAO at the same time.\n\nIf you would like to join: https://www.cardanotooling.com/","requireAnswer":false,"contentHash":"03d67513b453422f4b4bf6b7388fd134120ba651b785f21dc1146e52bc11a0f3","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f02","question":"Libertum: Institution-Grade Participation Infrastructure for Cardano Real-World Assets","description":"Cardano’s Vision 2030 is about creating real economic activity, institutional adoption, and sustainable on-chain participation. While Cardano has strong technical foundations, one key challenge remains: the lack of production-ready infrastructure capable of supporting regulated financial participation at institutional scale.\n\nLibertum solves this by bringing live institutional-grade financial infrastructure to Cardano.\n\nThis is not an early-stage concept. Libertum already operates functioning infrastructure, has tokenised over $115M in assets, and supports regulated issuance, onboarding, compliance, governance, and lifecycle management across multiple jurisdictions and industries. Treasury funding would accelerate Cardano-native deployment and scaling of infrastructure that already exists and operates in production.\n\nA core part of the proposal is the operational implementation of CIP-113 programmable compliance infrastructure, enabling regulated participation, permissions management, transfer controls, and institutional-grade operational workflows.\n\nThe proposal is focused on generating measurable and recurring Cardano-native activity through:\n• regulated asset issuance\n• institutional onboarding\n• recurring settlement and lifecycle transactions\n• governance participation\n• marketplace activity\n• compliance workflows\n• shared liquidity and participation infrastructure\n\nA major differentiator is Libertum’s reusable white-label infrastructure model. Every deployment introduces new issuers, users, operational activity, and recurring transaction flows, creating a multiplier effect.\n\nSuccess will be measured through real usage, including Cardano-native TVL growth, recurring transactions, issuer onboarding, institutional participation, governance activity, and long-term production usage of regulated infrastructure.\n\nThis proposal is designed around sustainable operational participation and long-term ecosystem alignment — not short-term narrative-driven TVL alone.","requireAnswer":false,"contentHash":"8e02e0320c366b2ff9e7efd844bc8502a6357f50a04f794255dd3cb61f95605b","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f03","question":"MLabs - Cardano.nix: 2026 Maintenance, Operator Tooling, and Dijkstra Readiness","description":"Cardano.nix is a Nix flake and NixOS module suite that gives developers and operators a declarative, reproducible deployment path for Cardano services — cardano-node, ogmios, kupo, cardano-db-sync, and the surrounding infrastructure. It removes a category of operational toil and configuration drift that otherwise lands on every team running Cardano services.\n\nThe project has been continuously maintained by MLabs since its founding under Project Catalyst Fund 10. It received further support through a 2025 Cardano Treasury maintenance proposal, with the first two milestones already delivered.\n\nThis proposal funds the 2026 cycle of work, structured as one cohesive work package across six milestones:\n\n1. **Foundational maintenance and source-build restoration** — bring the build path back to from-source where prebuilt binaries have crept in, refresh onboarding, and audit test coverage.\n2. **Service module completion** — finish the Demeter.run Kupo and Ogmios modules and add a Mithril snapshot bootstrap option.\n3. **Developer environment modules and AI-assistant readiness** — a reusable dev-environment interface plus an AI assistant skill and Context7 MCP integration so coding agents can pull accurate Cardano.nix workflow context.\n4. **SPO operator tooling design** — guild-operator workflow packaging, spo-anywhere integration assessment, SPO role/module refinement.\n5. **SPO operator tooling validation** — testnet validation, Mithril signer prototype, expanded integration tests, final onboarding documentation.\n6. **Dijkstra hard fork readiness** — preparatory work to keep Cardano.nix tracking the Dijkstra ledger interface as it stabilizes.\n\nThis work supports Cardano's vision of being the most secure, reliable, and censorship-resistant blockchain by reducing operator misconfiguration risk and lowering the practical barrier to running Cardano services in production.\n","requireAnswer":false,"contentHash":"5c85f1162e90c99b8a2eabbe00d014a2dd4b95dff8b2aca47749562d971a539d","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f04","question":"MLabs: Post-quantum signature verification support","description":"The cryptographic signatures Cardano scripts and dApps rely on today — Ed25519, ECDSA, and Schnorr — will all become breakable when sufficiently capable quantum computers arrive. The migration timeline isn't urgent yet, but it is finite, and \"harvest now, decrypt later\" is already a real concern for long-lived assets and high-value scripts.\n\nNIST has standardized the first generation of post-quantum signature schemes (ML-DSA, SLH-DSA, Falcon). Multiple chains — Algorand among them — already support post-quantum signatures natively. Cardano scripts cannot currently use any of them.\n\nThis proposal closes that gap. We will, conditionally on approval from the relevant projects:\n\n1. **Research and compare** the available post-quantum signature schemes against Cardano's specific constraints, and publish a public report recommending one for implementation along with the reasoning and alternatives considered.\n2. **Author and shepherd a CIP** describing a UPLC builtin for verifying signatures from the recommended scheme.\n3. **Implement the scheme** in cardano-base and the corresponding builtin in Plutus Core.\n4. **Provide language wrappers** in Plinth, Plutarch, and Aiken so the new capability is immediately usable from Cardano's three main smart contract languages.\n5. **Build a proof-of-concept smart contract wallet** using post-quantum signatures, demonstrating the new capability end-to-end.\n\nThis proposal addresses **CPS-0027 (\"Approaches to Post-Quantum Signatures\")** — a current Cardano Problem Statement , **authored by an MLabs Tech Lead.** No other team is positioned to deliver this work: MLabs is the only organization outside IOG to have implemented and shipped Plutus Core primitive operations (secp256k1/ECDSA and bit-level manipulation) to mainnet.","requireAnswer":false,"contentHash":"6ba4b18d05b85eaddd3d485a6d0193d075cac5aad18de469ceaf1759285e25fd","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f05","question":"zkFold Open Source Cardano Infrastructure 2026","description":"Cardano needs open-source infrastructure that makes the network easier to use, more private, more interoperable with Bitcoin, and more scalable. zkFold proposes a 9-month open-source program to turn three advanced zkFold workstreams into public, auditable infrastructure that users and developers can evaluate, integrate, and build on.\n\nThe proposal funds:\n\n1. ZK Rollup: continue from the working testnet prototype toward transaction privacy, pre-mainnet optimization, mainnet launch, and maintained operation after launch. This gives Cardano practical private and scalable monetary transactions for institutional and high-throughput payment use cases.\n\n2. Smart Wallet v2: a lower-cost smart contract, an open-source backend server component builders can reuse, and a simple send-to-email DApp that makes Cardano payments easier for newcomers, cheaper for users, and compatible with existing Cardano wallets from day one.\n\n3. Bitcoin-Cardano Atomic Swaps: mainnet launch, open-source release, rare-edge-case recovery, and support for trustless BTC/Cardano swaps that complement Bitcoin bridge infrastructure and enable cross-chain DApps.\n\nThe 9-month outcome is three mainnet launches: ZK Rollup mainnet, Smart Wallet v2/send-to-email mainnet, and Bitcoin-Cardano Atomic Swaps mainnet. All three workstreams will be open-source, with public documentation, milestone reports, and reviewable delivery evidence.","requireAnswer":false,"contentHash":"6675d8623493e7c240855f721d6c812a10e727c50f00c7986195a0c1986ec3ac","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f06","question":"MLabs: Encrypted Programmable Tokens with TFHE","description":"CIP-113 — the Programmable Tokens standard launched by the Cardano Foundation in March 2026 — gives Cardano a foundation for token-like assets with on-chain compliance and transfer logic. It does not, however, address privacy: balances and transfer amounts are public, just like ERC-20 on Ethereum.\n\nFor institutional settlement, regulated stablecoins, payroll, and tokenized real-world assets, public balances are a deal-breaker. Ethereum addressed this with ERC-7984: a confidential token standard where balances and transfers stay encrypted while smart contracts continue to operate on them. The cryptographic technology that enables this — Fully Homomorphic Encryption, specifically the TFHE variant — is also actively used on Solana, Ethereum, and other chains. On both Solana and Ethereum, TFHE is enabled by the highly-optimized tfhe-rs library, implemented by Zama.\n\nCardano cannot use Zama's TFHE library directly because it is patent-restricted to non-commercial use. The original Apache 2.0 reference TFHE library is patent-clean but not production-grade. We will bridge that gap by:\n\n1. **Building a clean-room Haskell TFHE library** modeled on the Apache 2.0 reference — patent-clean, production-quality, published openly on Hackage.\n2. **Submitting a CIP** extending CIP-113 with the encryption primitives needed to support ERC-7984-style confidential token capabilities on Cardano.\n3. **Implementing those primitives into Plutus Core** so Cardano scripts can use them natively.\n\n\nThe result: Cardano joins the small set of chains capable of confidential on-chain finance, with capabilities matching ERC-7984, on a fully open and patent-unencumbered foundation. The work is delivered by the same team that previously shipped Plutus Core primitive operations (secp256k1/ECDSA and bit-level manipulation) — currently the only organization outside IOG to have done so.","requireAnswer":false,"contentHash":"cffd7f580b6337f0032c0a499b8e491b9c4ede3c10c2ef2acc8dbd1b4c0bdb1a","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f07","question":"MLabs: Better arrays for everyone","description":"Arrays are one of the most fundamental data structures in computing — used everywhere developers care about performance, from financial calculations to graphics to data processing. Until recently, Cardano had no array support at all. The support that exists today (added through CIP-138) is a foundation, but it is uneven across Cardano's smart contract languages: Plutarch has the most developed array tooling, while Plinth and Aiken lag behind. None of the three benefit from the decades of research into how to make array computations actually fast in functional languages.\n\nThis proposal closes that gap. We will:\n\n- Bring Plinth and Aiken up to parity with Plutarch for CIP-138 array support, so developers in any of Cardano's three smart contract languages have access to the same baseline.\n- Propose and implement a new CIP introducing array primitives to Plutus Core that unlock significantly better optimization techniques for all three languages.\n- Apply state-of-the-art functional optimization techniques across all three languages — using a comparative approach that lets each language benefit from what works in the others.\n- Document the techniques and their measured impact so the Cardano developer community can build on this work.\n\nThe result: Cardano script and dApp developers get array performance comparable to what other chains offer, in any of the three languages they already use, with documentation explaining how to use it well. This makes Cardano materially easier to develop on, easier to learn, and easier to migrate to from other ecosystems.\n\nThe work is fully open-source under MIT, contributes directly to Plutus Core, Plinth, Plutarch, and Aiken, and is delivered by a single MLabs team across all three languages.","requireAnswer":false,"contentHash":"7ae2159978a3442db4eff2a613415f6a6d4414ea9b5fe0c4cd1af9063d7892c2","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f08","question":"MLabs - Covenant 2: Cross-Language Support and Developer Experience","description":"Covenant is a Cardano-built compiler framework that sits between high-level smart contract languages (such as Aiken, Plutarch, and Plinth) and the scripts the Cardano blockchain actually executes. It does the heavy lifting — analysis, optimization, and code generation — so the maintainers of those languages can focus on what their users see, instead of the entire compilation pipeline. \n\nCovenant 1 was funded under Project Catalyst Fund 13 and is now feature-complete and in stabilization. Additionally, Covenant has been adopted by Konma, specifically for code generation of their DSL. As part of this work, Konma requested multiple improvements and features which could not be covered by the Fund13 budget. Notably, HaskLedger was intended to target Solana in addition to Cardano, but this wasn’t possible within that scope. \n\nThis proposal is the natural next step. It does two things:\n\n**1. Improves the developer experience.** Better error messages, simpler interfaces, more examples, more tests, and clearer documentation. These are the unglamorous improvements that decide whether a tool is actually adopted.\n\n**2. Extends Covenant to support languages beyond Cardano** —. As HaskLedger is Covenant’s main adopter, the requirement to support compilation to Solana is essential for their use case. Furthermore,  once Covenant can target multiple chains, it becomes a \"universal glue\" between high-level smart contract languages on one side and chains on the other. Thus, we can simultaneously support a current, concrete use case while also laying the groundwork for wider support of other tool chains and on-chain languages.\n\nThe work will be fully open-source under Apache 2, builds on a delivered Catalyst project, and is delivered by the same MLabs team that built Covenant 1.","requireAnswer":false,"contentHash":"544871a56d28888f1564e031e55db1517821ed3bb8869bd79a516d80ac7b1699","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f09","question":"MLabs Core Tool Maintenance & Enhancement: Plutarch and Ply","description":"This proposal seeks annual funding for the maintenance and enhancement of Plutarch and Ply. Plutarch is a Haskell eDSL for creating efficient Cardano smart contracts via controlled compilation into UPLC. Ply helps serialize Plutarch scripts to and from CIP-57 blueprint-style artifacts with inferred types, protecting the on-chain/off-chain boundary without forcing users to manage low-level type details.\n\nBoth tools have been extensively used throughout the Cardano ecosystem. During a recent internal audit, MLabs counted at least 26 teams building with Plutarch and Ply. Their continued maintenance is crucial for project teams that require reliable smart contract tooling that tracks protocol evolution.\n\nPlutarch also remains efficient and performant. In MLabs’ public cross-language benchmarks (https://mlabs-haskell.github.io/uplc-benchmark/comparison.html), Plutarch scripts rank among the smallest in the benchmark suite while requiring comparatively low on-chain compute and memory.\n\nThe next funding period is expected to cover ongoing Cardano ledger, Plutus, and tooling evolution, including protocol-era compatibility for major ledger updates such as the Dijkstra era, if relevant changes land during the funding period. Because upstream timing and scope cannot be fully known in advance, this proposal uses a quarterly maintenance model with a clear priority hierarchy. We will allocate proposal resources towards the following areas, in the following order of priority:\n\n1. Critical breakages and serious vulnerabilities\n2. Protocol-era and hard-fork compatibility\n3. Bug fixes, correctness improvements, and optimizations\n4. Documentation, examples, technical blog posts, and developer-experience improvements\n\n\nOverall, this budget will keep Plutarch and Ply reliable, compatible, and useful for Cardano builders while giving maintainers the capacity to respond to real ecosystem needs. The proposal aligns with Cardano 2030 by strengthening open-source smart contract tooling.","requireAnswer":false,"contentHash":"ed51afabfaba207235a75900778814a0d990ea4c6611c5766d27d48debd2b796","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f0a","question":"Cardano Content Creator Consortium (C4): Ecosystem Video Content Production, Marketing & Education","description":"Cardano has a content creator sustainability crisis. While Cardano leads in peer-reviewed research, decentralised governance, and formal verification, it is consistently outpaced in public visibility by ecosystems that invest in creator-driven marketing. Solana, Avalanche, and others fund Key Opinion Leader programs, pay creators, and run structured campaigns. Cardano has no equivalent at the mainchain level. Creators reduce output or leave, coverage dries up, and potential users never discover what Cardano offers.\n\nThe Cardano Content Creator Consortium (C4) is a 12-month pilot retaining six of Cardano's most established video creators as a coordinated marketing and education force for the ecosystem. C4 does not pay creators to exist — it pays for output: a collective commitment to produce at least 850 original videos over 12 months across news, DeFi education, project showcases, short-form content, live streams, and interviews, with an Earned Media Value (EMV) target meeting or exceeding total program cost.\n\nEach creator receives up to $5,000 USD/month (20,000 ADA at $0.25), contingent on delivering 1 long-form and 2 short-form videos per week. Content is published on creators' own established channels, leveraging audiences built over years of community service. Monthly performance reports are public. A 6-month review gate ensures accountability before second-half funding proceeds, and 40,000 ADA funds two independent audits at Month 6 and Month 12.\n\nAt market rates, a coordinated 6-creator campaign for a single project costs $16,000–$40,000. C4 delivers comparable campaigns repeatedly across the ecosystem at no additional cost to projects, producing \\~$710,000 in equivalent marketing value — nearly 2x the budget request. C4 is one of the most cost-efficient marketing investments the Cardano Treasury can make, while preserving an irreplaceable asset: the trusted native voices who built Cardano's audience without compensation.","requireAnswer":false,"contentHash":"5be1b17573660e6271cd0e3889c4a149ab9dc9c93e92a7c8b63bd4405fec998a","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f0b","question":"Cardano Enterprise Adoption: Production Ticketing Platform","description":"This treasury withdrawal funds **Phase 2** of a production Cardano-native ticketing system operated by Sellout.io and built by Anvil Development Agency.\n\n**Phase 1 (Completed):** On-chain event creation, CIP-68 ticket minting, ticket transfers, and attendance verification. Phase 1 is already live on Cardano mainnet, funded entirely by Sellout (over $130k invested), with no Cardano-related funding, as a tie-in to their existing product.\n\n**Phase 2** delivers the components required to scale this system to mass adoption:\n\n- A secondary marketplace with on-chain royalty enforcement\n- Anti-scalping controls configurable per event\n- Wallet onboarding capable of serving Sellout's 200,000+ existing users\n- Organizer-facing tools\n- An independent third-party security audit\n- A professional marketing-firm launch amplification campaign\n\n\n**Phase 2** is delivered through a new operating entity that consolidates the Phase 1 IP and pays a defined revenue share to the Cardano Treasury until cost recovery (see Treasury Repayment below). We are **committing to repay $1,093,216 **to the Cardano treasury through this mechanism. \n\nThe anchor deployment is the **Yellowstone Club 2026 concert series,** a contracted lineup including Noah Kahan, Sting, Weezer, The Black Crows, Mumford & Sons, Dierks Bentley, and The B52; with, $5.88M in 2025 historical revenue, projecting $6M+ in value on-chain for the 2026 series, and individual ticket prices ranging from $400 to $8,000. Sellout currently operates nationwide with over 200,000 registered users and over 250,000 tickets issued. This is the kind of *mission critical* commercial workload aligned with the Cardano 2030 Vision, where Cardano's eUTxO determinism, CIP-68 metadata, and native multi-asset architecture uniquely fit to solve real-world problems.\n\nReal businesses, real revenue, building products for the real world, providing real value back to the treasury.","requireAnswer":false,"contentHash":"2bbac94ce25fe00ebaaf83aa1897dede39ea803353bf524775e59051853bb78a","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f0c","question":"Open Sourced RWA Tokenization Framework with Revenue Share Model","description":"This proposal delivers a fully open-source Real-World Asset (RWA) tokenization framework on Cardano, built natively on CIP-68 and CIP-113. The framework standardizes the creation, deployment, and growth of RWA projects through reusable infrastructure that reduces fragmentation and enables faster development of compliant, production-ready applications across asset classes. Both the technical stack and legal/compliance frameworks are released open-source for ecosystem-wide use.\n\nCIP-68 enables datum-driven dynamic metadata, so each tokenized asset carries verifiable, mutable on-chain state (operating reports, valuations, lifecycle stage, redemption status). CIP-113 enables programmable token issuance and transfer rules, so jurisdictional KYC, accreditation, and sanctions screening are enforced at the protocol level rather than relying on off-chain trust. Together they give Valoris an institutional-grade, standards-aligned tokenization stack that is auditable and upgrade-friendly by construction.\n\nCardano currently lags competing ecosystems in RWA adoption. Existing projects struggle to scale, builders lack shared infrastructure, and external RWA initiatives have limited migration pathways. This constrains liquidity and competitiveness.\n\nValoris addresses this with a modular smart-contract framework for issuance and lifecycle management (mint → hold → maturity → burn → reinvest), validated through real deployments: a Vierci Development real estate project and three cattle feedlots across Paraguay and Ecuador, onboarding established businesses with existing customer bases.\n\nTreasury funds are milestone-gated, used only for infrastructure, legal, and onboarding — never deployed into underlying assets. 15% of net annual profits is returned to the Cardano Treasury via on-chain donation, transparently reported and auditable. Introduces new asset classes and new jurisdictions to the ecosystem.","requireAnswer":false,"contentHash":"edff51d3b890612fb44ce99810c4699ce495e10c35a956dfa8f94763e39e6681","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f0d","question":"Civics Committee Governance Expert Led, Sustainable Education Program ","description":"Cardano's on-chain governance under CIP-1694 depends on informed participation from Ada holders, DReps, SPOs, and the Constitutional Committee. Without structured education from people who understand the constitution and governance mechanics, the ecosystem risks low participation, concentration of voting power uninformed voting, and governance capture.\n\nThe Cardano Civics Committee proposes a focused governance education program built on three pillars:\n\n1. Governance education infrastructure. A public Governance Workshop Portal with curated curriculum (leveraging existing ecosystem resources), 12 monthly online sessions, and on-chain impact tracking, all designed to outlast the 12-month funding period.\n2. Community workshop grant program (up to 10 workshops). A transparent, criteria-based grant program enabling qualified community members to host workshops. Applications are reviewed against published criteria and funded per workshop, with 50% held back until verified outcomes are delivered.\n3. Expert-led flagship workshops (6 in-person across 5 continents). Hosted directly by civics committee members at named events where Cardano already has a presence. Distribution: 2 each in Europe, Africa, Asia, and Americas (1 North + 1 South), plus 1 in Oceania.\n\nThe civics committee's role is to enable, not to monopolize. Over 73% of the budget goes to community enablement and lasting infrastructure. Flagship workshop costs are minimized by piggybacking on existing events where possible. Unused grant funds will be returned to the treasury. The Governance education infrastructure will enable everyone to host a Cardano governance workshop using our free materials.\n\nTotal ask: 425,000 ADA (\\~$106,250 @ $0.25/ADA).","requireAnswer":false,"contentHash":"bc6c4ed5b50f5e41b06140dbf7ac4a37dbf4536b8dc68468f97048717aacefc5","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f0e","question":"Bringing Real-World Payments to Cardano with Wirex","description":"Wirex addresses a key gap in Cardano’s ecosystem: the lack of integrated infrastructure to support real-world payments at scale. While Cardano has strong foundations in DeFi and decentralized applications, it currently lacks seamless rails for everyday spending, merchant acceptance, and fiat-connected financial activity.\n\nThis proposal delivers a full-stack, open-source payments infrastructure that enables onchain settlement through smart contracts while connecting Cardano to banking rails, stablecoin systems, and wallet interfaces. A core outcome is Visa card issuance linked directly to onchain balances, allowing users to spend digital assets globally at millions of merchants. The solution also supports native integration with self-custody wallets, enabling payment functionality without reliance on closed platforms.\n\nWirex brings proven execution capability, with 7M users, $20B+ in processed volume, and experience as a Visa Principal Member. This positions the team to accelerate deployment and drive real-world adoption.\n\nThe expected impact is a step change in Cardano’s utility, unlocking new transaction volume, user growth, and institutional participation. By enabling everyday payments, the proposal directly contributes to increased network usage and real-world economic activity onchain.\n\nThis aligns with Cardano’s vision to become a secure, reliable, and censorship-resistant blockchain powering economies and societies, by extending its capabilities into practical financial use cases and positioning it as a viable settlement layer for global commerce.","requireAnswer":false,"contentHash":"41fb8149d083f24ff78204b9a73cdec003776a56c668c02cb927ab1001ca3f42","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f0f","question":"MLabs: Open-Sourcing FeesaSwap as Live Fee Abstraction Infrastructure on Cardano","description":"Cardano’s 2030 vision is to make it the most secure, reliable, and censorship-resistant blockchain for mission-critical applications that can power the economies of today and tomorrow. A practical barrier to that goal is that every transaction still requires ADA for fees. For users whose first touchpoint is a stablecoin, bridged asset, game token, RWA token, or other Cardano native asset, needing to acquire ADA first creates onboarding friction, exchange/KYC detours, and lost conversions.\n\nFeesaSwap is MLabs’ live Cardano mainnet fee-abstraction infrastructure (https://www.feesaswap.io/). It enables users to pay transaction fees in non-ADA tokens while ADA and collateral are sourced behind the scenes. This proposal will open-source the relevant FeesaSwap codebase and integration materials while hardening the protocol backend so that Cardano wallets, dApps, auditors, infrastructure providers, and builders can inspect, integrate, reuse, and extend a working implementation of ADA-less transaction infrastructure.\n\nThis proposal supports Cardano’s 2030 strategy by addressing several top-level KPIs, including monthly transactions, monthly active users, and annual protocol revenue. Open-sourcing FeesaSwap also strengthens DevX and ecosystem adoption by providing a transparent, production-informed reference implementation for token fee payments.\n\nThis matters because fee abstraction should not be reduced to a single external architecture. FluidTokens Aquarium relies on its own validator network, $FLDT tokenomics, and third-party incentive assumptions. That may be an acceptable design for some use cases, but risk-sensitive wallets, exchanges, enterprises, and financial-system integrators often need infrastructure with fewer embedded dependencies and a more neutral operational model. FeesaSwap provides that alternative: no-token fee abstraction with atomic execution inside the user’s transaction, reducing dependency on third-party tokenomics and validator-network liveness.","requireAnswer":false,"contentHash":"0ef0b3f9ce82336bfd8ad75d426264bc7c43049ba683b49ae085170fe3e3d23d","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f10","question":"Mithril Protocol","description":"Mithril solves one of Cardano's most pressing infrastructure challenges: the cost and complexity of securely accessing and verifying blockchain state. As today full node synchronisation is slow and light clients rely on centralized trust. Mithril addresses this by using stake-based threshold multi-signatures to certify Cardano state in a trustless way, enabling nodes and applications to verify state rapidly without relying on the entire chain.","requireAnswer":false,"contentHash":"2b6feea765203fcde2edd252eedbf6ba6db58bcc0cba51f34d7bc10a060747e6","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f11","question":"Amplify Cardano: Ecosystem Accelerator + Community-Led Marketing & Events Fund","description":"***Please see the full presentation @ ***[***https://amplifycardano.io/proposals***](https://amplifycardano.io/proposals)***!***\n\nThe Problem\n\nCardano trails its peers' ability to generate industry-leading community projects.\n\nCardano needs to match Solana’s success incubating homegrown successes like Jupiter, Jito, Kamino, Pyth, Radium, etc.\n\nThese projects drive immense network value: economic fundamentals and secondary benefits like onboarding builders and users.\n\nL1s usually support ecosystem marketing through grants programs - but those fail at a high rate.\n\nEcosystem projects have lean teams. Grants programs provide funding, but leave projects unprepared to execute. Getting it right is difficult; especially on the first attempt.\n\nHelping marquee projects is only part of the solution. Unlike L1 peers, Cardano lacks effective systems to support its incubation pipeline.\n\nCurrent processes are too slow, cumbersome, & uncertain.\n\nThe Solution:\n\nThis two-part program will:\n\n1. Enable 3-5 Cardano marquee Ecosystem Projects to achieve leadership positions and Tier-1 listings. This will drive the network’s economic growth and reset Cardano’s ‘ghost-chain’ narrative.\n2. Support 100+ grassroots projects / contributors and enable Cardano to sustain a robust incubation pipeline.\n\nAligned w/ Community Demand & Cardano 2030 Vision\n\n- In the [GMC’s Q4 2025 Community Survey](https://docs.google.com/presentation/d/1EsxjreSd0dAAhY-uXTUtb7YPLzHoFaNr3gjDTxcQcEg/edit?slide=id.g38de6a4e3e3_3_688#slide=id.g38de6a4e3e3_3_688), Marketing Support for Builders (No. 2) and Community Events / Local Activations (No. 3) were two of the Community’s top three priorities to receive Treasury Funds.\n- Accelerating Ecosystem Projects & Driving Tier-1 Listings are [Top ‘Cardano 2030’ Goals](https://medium.com/tap-in-with-taptools/cardano-pentad-to-boost-top-cardano-dapps-a6d68521461c).\n\nThis program will both address longstanding grassroots demand and advance Cardano’s global strategy.","requireAnswer":false,"contentHash":"996567a0e9d561aea01fc865d1f6d5de92aa9fa8e0ff3f58e8291fd4c5190046","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f12","question":"DeltaDeFi: Cardano Flagship Exchange: ₳5,000,000 Treasury Loan with Perpetual Upside","description":"DeltaDeFi proposes a ₳5,000,000 loan from the Cardano Treasury over 24 months, with full repayment plus a perpetual revenue share to ADA holders for the life of the protocol.\n\nDeltaDeFi is a Hydra-based, low-latency order-book exchange live on Cardano mainnet since Cardano Summit 2025. With $20,000 of in-house market-making capital, it holds the best ADA execution price on Cardano (20 bps spread on ADA/USDCx), has matched $607,000 of cumulative volume, and serves 169 active traders. This proposal funds hardening and scale-up.\n\nLoan terms:\n\n- ₳5,000,000 ADA-denominated, disbursed in two pools across 24 months\n- 50% of retained trading fees remitted monthly until ₳5,000,000 is fully repaid\n- 15% of retained trading fees remitted in perpetuity thereafter — a permanent income stream for ADA holders\n- Administered by Intersect via the 2025 TRSC framework, with a third-party assurer validating each milestone\n\n## Changes from previous draft\n\nThe ₳1,500,000 / 6-month draft was rejected by \\~82.6% of DRep voting power. This proposal addresses the five most-cited objections:\n\n- \\*\\*Repayable loan with perpetual upside\\*\\*, not a grant\n- \\*\\*Concrete liquidity\\*\\* via an in-house MM model already live on mainnet\n- \\*\\*Two binding, auditable decentralization milestones\\*\\* at M12 and M24\n- \\*\\*Proprietary KPI dashboard removed\\*\\*; average monthly burn is lower\n- \\*\\*Three months of mainnet evidence\\*\\* replaces pre-launch projections","requireAnswer":false,"contentHash":"eb9b4041a7a69186efbd72b6e46bacfaea45756b2c5fb0988607ce96d46dbde0","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f13","question":"Intersect Technical Steering Committee Support","description":"Intersect's Technical Steering Committee (TSC) requests $298,250 (1,193,000 ADA) to support activities for 12 months, spanning community engagement, protocol governance, and independent technical review.\n\nCardano's continued growth as a decentralised, mission-critical blockchain depends on robust technical governance infrastructure. The TSC exists to provide that infrastructure — ensuring the ecosystem's technical direction is guided by expertise, that community members and DReps have the information they need to make sound governance decisions, and that the processes governing protocol evolution are structured, transparent, and accountable.\n\nWP 1 funds attendance of technical experts at major ecosystem events and commissioning of technical reports. WP 2 funds three specialist groups: the Parameter Committee, CIP editors, and Hard Fork Working Group. WP 3 funds establishment of a pilot independent technical review programme launching in 2027. Independent technical reviews under WP3 are subject to formal conflict-of-interest provisions, with recusals recorded and published, and reviewer selection conducted through an open process against documented criteria\n\nThree areas of TSC-related activity are funded separately through the main Intersect budget and are not included here: technical workshops (delivered under TSC technical leadership), the Security Council, and the Bug Bounty Programme.\n\nAll expenditure will be fully accounted for and any unspent funds returned to the Cardano\ntreasury. The work described is not discretionary — it represents the foundational technical\ngovernance capacity that Cardano needs to function effectively as a decentralised ecosystem.\n\n**Note:** The execution of the work packages outlined in the proposal is contingent on the IntersectMBO budget proposal's approval.","requireAnswer":false,"contentHash":"ab1e934da1e6505c83accbd5be21afcf16b90d57041f671ec0e8a851ac22eff8","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f14","question":"Cardano Business Development Network: Accelerating Enterprise Adoption Through Coordinated BD Hubs ","description":"The Cardano ecosystem has an opportunity to boost the adoption of Cardano based solutions by enterprise/government buyers through a coordinated network of regional hubs. While Cardano companies receive numerous incoming leads, there is insufficient capacity to qualify leads, manage complex enterprise onboarding journeys, and maintain long-term relationships with mission-critical partners. This includes the need for enterprise-grade solution partners, beyond existing ecosystem builders, who can deliver integration, compliance, and operational support.\n\nFor a 12 month pilot, BD Network proposes 5-8 regional business development teams operating as certified independent affiliates. Following the pilot we will provide a scale plan for the network. These teams will be focusing on:\n\n- Strategic lead qualification (20%) — quality over quantity\n- Enterprise onboarding, relationships & integration (70%) — the core work\n- GTM alignment & reporting (10%) — Vision 2030 KPI contributions\n\nThis initiative directly supports Cardano's Vision 2030 and as part of the GMC with the goal to initiate and support business development tools for the Cardano Ecosystem.\n\nYear 1 Pilot Targets: 5-8 regional BD teams, 20+ Cardano companies participating and 7-10 deals closed. Clear showcase how the work supporting Cardano companies in achieving KPIs aligned with Vision 2030 KP.\n\nOur approach balances short-term quick wins with longer-term strategic partnerships: targeting companies that can deliver measurable KPIs within 12 months while building relationships that scale into multi-year collaborations. This creates a repeatable path to enterprise conversations and sustainable adoption growth.\n\nThis proposal focuses on the Year 1 pilot phase—establishing the network infrastructure, proving the model, and delivering initial results. Success in Year 1 provides the foundation for scaling to 10-12 teams by 2027 and 20+ teams by 2030.","requireAnswer":false,"contentHash":"020db8abc60eb60c158fb104fe81db5b4d067b6453dbec55c3ccc47dbf735cbb","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f15","question":"Paid Open Source Model - Continued","description":"The Open Source Committee (OSC), in coordination with the Open Source Office (OSO), requests a Cardano Treasury Withdrawal - totaling **\\~ ₳4.6M** to support structured, performance-based open-source sustainability across the Cardano ecosystem over **18 months**.\n\n**Key Objectives & Strategic Impact**\n\n- **Sustainable Open-Source Development:** Structured funding for maintainers, maintainer needs, and critical tooling to prevent infrastructure degradation.\n- **Security & Risk Mitigation:** Bug bounties and incident monitoring to reduce systemic protocol risk. (Co-managed risk with Intersect Cardano Technology Team)\n- **Developer Pipeline & Retention:** Developer Advocacy and related working group(s) to strengthen contributor flow into core repositories and community projects.\n- **Ecosystem Stability & Operational Continuity:** Measured funding for strategic events attendance/sponsorship, development metrics tracking, and public reporting.\n\n**What’s New**\nOver the course of activating the Paid Open Source Model for the first time, via a 2025 Cardano Treasury withdrawal, The OSC engaged ecosystem partners to assist with delivery. Notably, TxPipe, Andamio, STORM Partners, and Chinstrap Community.\n\n**Other Program Updates:**\n\n- The **Developer Advocate** program was originally and continues to be paid in ADA. In the future, the Developer Advocate Program will always be paid in ADA, in an effort to continue inspiring wider use of and activity on the Cardano Blockchain.\n- The **Strategic Presence **(formerly Travel and Events) program requires fiat transactions as most travel and sponsorship costs are commonly billed in USD. When and where available reimbursement payments are made in ADA.\n\nThe OSC seeks to steward treasury spend with additional transactions on the Cardano Blockchain.\n\n**NOTE:** The execution of the work packages outlined in the proposal is contingent on the IntersectMBO budget proposal's approval.","requireAnswer":false,"contentHash":"a88a6f63fefa20d3a8a93b6d20b9deb1713cef01a595a15508e029ca05c57c67","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f16","question":"Cardano Budget Committee: Budget Process Improvement and Treasury Transparency (2026–2027)","description":"This proposal supports Intersect’s Cardano Budget Committee’s continued evolution of Cardano’s treasury governance through two core work packages: (1) budget process and tooling improvement, and (2) treasury transparency and analytics.\n\nFollowing the 2026 budget cycle — the first to run on a unified, end-to-end platform — this proposal focuses on refining both the operational framework and the supporting infrastructure to improve how treasury decisions are made.\n\nThe work is designed to make the budgeting process more repeatable, accessible, and scalable, while strengthening transparency and enabling data-informed decision-making. By improving both process and tooling, and enhancing visibility into treasury activity, this initiative supports more effective capital allocation and increased confidence in governance outcomes.\n\nThe execution of the work packages outlined in the proposal is contingent on the IntersectMBO budget proposal's approval. We would have to withdraw our proposal should the IntersectMBO proposal fail the hydra vote.","requireAnswer":false,"contentHash":"6526fd1a269ebc5d630d4dd315ea04a787d00ae17f7fec4dee1819cbe7816219","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f17","question":"Hub-Network Liquidity: A Protocol for Revenue-based Finance at Network Scale","description":"**Prisma is launching on Cardano:** 2 years of co-design with one of the most reputable [Regenerative Design](https://www.regenerat.es) institutions in the field, 2 further years of validation with grassroots networks, and a proposal scoped to implementation alone, raising additional web2 funds for biz-dev and operations.\n\nThis proposal leverages real-world parameters from past events to forecast a conservative **CAGR of 11.6%** from community-led venture development.\n\nPrisma has been delivering programmes that facilitate the formation of teams working on local systems-change, building on Cardano, since 2023. First in [Wales](https://www.one-tab.com/page/F3PY1cbqRwmOVx4rEwUU4A), then in Africa, with [Wada](https://wada.org/), now in Argentina, with [El Futuro Imposible](https://theimpossiblefuture.org/). These teams are leveraging Cardano for verifiable measurements of real-world impact.\n\nCardano Africa Tech Summit proved the organising methodology and infrastructure can scale: 1100+ participants, 12 hubs, 10 countries, 110 teams - in 5 months. Now we're launching into the next stage of this journey.\n\nPrisma as an organisation has now built up enough experience manually organising these events to be able to focus on developing the underlying infrastructure for distributed event organising. This protocol will enabe hub-networks to be able to access institutional-scale sources of capital and distribute it to network edges. **Revenue Participation Certificates**, an existing contract instrument in traditional legal systems, are used to coordinate distribution pathways and redemptions, enabling institutional capital to reach and fund community venture development, safely.\n\nThis funding would enable us to demonstrate liquidity across the full-stack, from hub-network gateway to on-the-ground teams and back. The scope of this proposal is to generate the first contract redemptions: revenue released to initial funders, from surplus value created at network edges.","requireAnswer":false,"contentHash":"88dede5bd6a6b4f5079510eb55679155286bf9d2409f627226980aad49998543","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f18","question":"Catalyze Africa: Building Scalable Projects from CATS 2026","description":"A grassroots innovation pipeline designed to transition projects from the 2026 Cardano Africa Tech Summit (CATS) Hackathon into viable, investor-ready startups. The program addresses the “follow-up gap” in traditional funding by providing structured, end-to-end support over 12 months.\n\nThis includes a short pre-program phase for onboarding and alignment, a focused 12-month incubation delivering technical, business and operational mentorship and a post-incubation phase supporting iteration, validation, and external readiness.\n\nIn parallel, the initiative will conduct targeted market validation and feasibility analysis to assess how incubation outcomes can scale across African markets. This includes evaluating regulatory environments, user needs and investment landscapes in addition to identifying pathways for sustainable growth, partnerships and future funding access.\n\nThe program leverages Wada’s decentralized hub network to ensure solutions are locally grounded, collaboratively developed, and built on Cardano infrastructure, driving real adoption and long-term ecosystem value.\n\nThis initiative will directly result in a minimum of 20 open-source, smart-contract-verified MVPs deployed on Cardano mainnet/testnet by Q4 2026, explicitly driving non-speculative utility in African agritech and Real World Assets (RWA).","requireAnswer":false,"contentHash":"a2634c6e67cfa9d5c5a42a0618d447d274577ffeb7d7ba706bdad6ea28affa89","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f19","question":"2027 Objectives, Research validation & Market Pilots - IntersectCPC","description":"The Product Committee operates a clear pipeline: Vision & Strategy → Product Research → Market Pilots. This ensures Cardano’s development is grounded in real-world needs and validated through practical implementation.\n\nThis proposal operationalises the community-defined 2030 strategy by translating it into actionable yearly goals, validating assumptions through direct engagement with businesses, and supporting high-potential pilots to drive real adoption.\n\nSpecifically, this initiative will:\n\n- Define clear, measurable 2027 strategic goals through structured workshops and community participation\n- Validate strategy through business engagement and market intelligence\n- Convert research insights into a small number of high-potential pilots with strong product-market fit potential\n\nThis work ensures Cardano’s strategy is not only defined, but continuously tested, refined, and demonstrated in real-world conditions, supporting its position as a secure, reliable, and censorship-resistant blockchain for mission-critical applications.\n\n----\n\nThe execution of the work packages outlined in the proposal is contingent on the IntersectMBO budget proposal's approval.","requireAnswer":false,"contentHash":"af294f5417bbdcdc61e9c41d73a749150275cfdb484184a31ca8f21ad9b565a0","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f1a","question":"Hardware Wallet Maintenance 2026","description":"*Why now: Cardano protocol evolution, vendor firmware and app release cycles, and growing wallet and dApp integration demand continue to create compatibility risk on this security-critical access layer. Funding continuity in 2026 is less costly and less disruptive than waiting for breakage to accumulate and reacting only after users or integrators lose access.*\n*Cardano’s hardware-wallet stack must be maintained continuously or users and integrators lose secure access when Cardano, Ledger, or Trezor introduce breaking changes. This proposal requests 12 months of funding for production maintenance of Cardano hardware-wallet support: Ledger and Trezor compatibility updates, maintenance of supporting interoperability libraries and cardano-hw-cli, developer support for ecosystem integrators, support for integration paths involving externally maintained components where shared hardware-wallet flows intersect, and vendor-required product or security audits where firmware or app changes trigger them.*\n*This is a continuity proposal for an already-proven Cardano access layer, not a request to build a new wallet product; scope is limited to compatibility, security, supporting libraries/tooling, release support, and vendor-required audit work needed to keep supported hardware-wallet flows operational. This proposal is limited to hardware-wallet compatibility, tooling, and vendor-required assurance, and does not duplicate broader core-node, ledger, or general infrastructure maintenance budgets.*\n*The value to Cardano is continuity: users retain secure signing,builders avoid broken integrations, protocol and vendor changes do not strand hardware-wallet users, and newer utility layers can rely on a maintained hardware-wallet path. The proposal aligns with Cardano’s strategy around security, interoperability, developer experience, and adoption,and it will be delivered with clear milestones,evidence,and transparent capped T&M reporting so DReps can verify value as it is produced.*","requireAnswer":false,"contentHash":"34b9a548fd1095597f36fe1882f7a40ef6dea98eb25aebd504a618cd3e5249e9","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f1b","question":"Cardano Builder DAO","description":"The Cardano Builder DAO is an ecosystem-wide, purpose-built, smart contract-governed funding mechanism to support projects advancing Cardano’s Vision 2030 through measurable ecosystem KPIs. Its role is to allocate capital to builders who can drive growth in the metrics that matter most to Cardano’s long-term success, including monthly active users, monthly on-chain transactions, and TVL. ([One Pager](https://docsend.com/view/rk8fzhjmv49ijn6m))\n\nThis proposal is part of the Initiative DAO Framework: [One Pager](https://docsend.com/view/9jvuzx6ejpnutpmq) and [Explainer Video](https://www.youtube.com/watch?v=E4Y_tByBs7E), and how this helps [Cardano evolve past Catalyst](https://medium.com/@Clarity_/evolving-past-catalyst-why-cardano-needs-domain-specific-daos-fa9a84af4e63)\n\nThe CB DAO was the first successful pilot of the Initiative DAO framework in 2025. In the 2026 budget cycle, dReps, builders, marketers, and developers across the Cardano ecosystem have come together to propose expanding the application of this framework to other parts of the ecosystem. This is a grassroots, community driven effort to expand a proven model of funding to essential parts of the ecosystem that have traditionally been candidates for Catalyst funding.\n\nThe Initiative DAO Framework improves how ecosystem funding is allocated across the verticals that matter most for Cardano’s growth and operation. Rather than distributing treasury capital through fragmented proposal-by-proposal processes, the framework organizes capital into specialized DAOs with clear mandates, transparent reporting, aligned incentives, and built-in accountability. To preserve clarity of mandate and avoid overlapping treasury support, requesting members of the CB DAO are not permitted to receive funding from other DAOs at the same time.\n\nHere are our reflections on operating the [CB DAO](https://medium.com/@Clarity_/reflections-on-the-two-governance-cycles-of-claritys-biggest-dao-the-cardano-builder-dao-500d84d6fbec)","requireAnswer":false,"contentHash":"087d913601c161adc564dd30bd7f54c7bd21c65d8e76fc6bd1f6f2d18f48ce20","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f1c","question":"Intersect: Governance coordination and technical stewardship for the Cardano ecosystem","description":"This proposal funds Intersect’s core operating model for June 2026 to June 2027: the Member Based Organization that supports open ecosystem coordination, a reserved capacity to address critical unowned processes, and critically technical stewardship, incident response, and release coordination required to help keep Cardano secure, reliable, and operationally resilient.\n\nThis proposal reflects how Intersect has evolved to better match the needs of the ecosystem. Over the past two years, Intersect has matured from a new coordination body into a more focused operational layer for Cardano. That includes supporting committees and working groups, stewarding the core Haskell repositories, coordinating upgrades and incident response, and administering community-approved initiatives through a distinct and more scalable model.\n\nOur proposal is more focused than last year’s. Compared to last year, the overall ask has reduced from **$7.875M** to **$6.35M**, while preserving the functions that are most critical to Cardano’s continuity and maturity.\n\nThat technical remit should not be underestimated. Intersect has already coordinated two network upgrades, is preparing for a third, and led ecosystem coordination during the November 2025 chain partition incident. As Cardano moves further into decentralized governance, a multi-client future, and the advancements of AI models this function becomes more important, not less.\n\nFunding this proposal means Cardano retains an open coordination layer for governance participation, a mechanism to respond to critical unowned issues, and a technical stewardship function covering release coordination, incident response, repository management, and security initiatives such as bug bounties. Together, these functions provide the operational backbone that helps Cardano evolve with resilience, accountability, and confidence.","requireAnswer":false,"contentHash":"87f923c46955c7ff908fce86e6fc12e7c979c5c73b15a702f081e814819c978e","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f1d","question":"Security Threat Assessment Guard (STAG): Continuous Security Assurance for the Cardano Ecosystem","description":"This programme exists because no other programme does.\n\nCardano is now a multi-client blockchain. Amaru is enacted; Dingo and Gerolamo are in active development; Leios will introduce further implementation surface. Wherever two independent implementations handle a consensus edge case, a state transition, or a mini-protocol message differently, an exploitable inconsistency exists — invisible to any review examining a single node. That is the class of vulnerability STAG is built to find.\n\nSTAG is an independent, continuous red team programme for the full Cardano protocol stack: UPLC smart contract execution, compiler toolchains, ledger rules, consensus, peer-to-peer networking, wallet interfaces, and mainnet performance monitoring. All critical findings are reported within 24 hours under responsible disclosure to the Security Council and relevant development teams.\n\nThe programme costs $1,972,622 over 18 months — approximately $110,000 per month for continuous, full-stack adversarial analysis by the original protocol architects, across four independent organisations: QuviQ AB, Predictable Network Solutions, Well Typed LLP, and Ensurable Systems. Community opt-out checkpoints at Month 6 and Month 12 give DReps oversight throughout without locking in an 18-month commitment from day one.\n\nCommunity treasury funding — not IOG, the Cardano Foundation, or Intersect — is the structural basis of STAG's independence. An adversarial security team whose funding runs through the institutions whose code it tests faces pressures that compromise adversarial thinking. Community funding removes those pressures. All deliverables are dedicated to the public domain under CC0. The sandboxed AI tooling infrastructure is handed over to Intersect at programme end for use by any successor programme.","requireAnswer":false,"contentHash":"b3003c4d94f2c3a7ef2ee53862e649cb9387b852ad75880f55893054b29c8c1a","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f1e","question":"A High-Performance Partner Chain Factory using Ouroboros Tachýs","description":"Building a partner chain on Cardano today requires independently solving every problem that the first team solved — years of work and millions in investment. Builders on Ethereum, Polkadot and Cosmos do not face this. Those ecosystems have already built the shared infrastructure layer. This project builds it for Cardano.\n\nWe propose to build a partner chain factory for Cardano — a complete, reusable toolkit that allows new high-performance partner chains to be deployed in hours rather than months, including the ability to start new chains directly in the current Cardano era, customised to meet specific application requirements, and immediately connected to Cardano mainnet via production-grade bridging infrastructure. The toolkit will be open-source, maintained within the Intersect-governed Cardano codebase, and available to any builder in the ecosystem without restriction or licence fee.\n\nPartner chains built on this infrastructure create more demand for Cardano mainnet — not less. They require ADA for stake, use Cardano as their settlement layer, and generate bridging fees. The treasury is not being asked to fund a product that benefits its builders. It is being asked to fund public infrastructure that makes ADA more valuable and the treasury itself more sustainable.\n\nThe technical foundation is Ouroboros Tachýs — a high-performance Ouroboros variant delivering 1–2 second confirmation and \\~40x mainnet throughput, while retaining Ouroboros security properties.\n\nThis is not speculative research. The core ideas have been validated through the Vector chain — launched in late 2025 as the first Cardano-derived partner chain in production. The team built the Cardano node, implemented Ouroboros, and delivered every hard fork from Byron through Plomin. This is focused infrastructure investment — exactly the kind the treasury exists to fund.\n\nThe Consortium has signed a Letter of Intent with Trace Labs (OriginTrail) — demonstrating external ecosystem demand.","requireAnswer":false,"contentHash":"1c1a65db524e05ec8f59bc3cbc1301cb50ce5279f01d4354984cda5c2923b0e9","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f1f","question":"Indigo Innovation Proposal: V2030RS, Tokenized RWA, BTC-Fi & Privacy","description":"Indigo aims to bring the first truly institutional-grade, tokenized RWA solution to the Cardano ecosystem with iUSDt. By linking Cardano with institutional liquidity funds, powering Bitcoin DeFi markets on Indigo, and developing shielded iAssets on partnerchain ecosystems, Indigo also seeks to pioneer a landmark revenue-sharing model (V2030RS) with the Cardano Treasury.","requireAnswer":false,"contentHash":"686225e74395458c60ebb7ef77bc2e41dd974ecfb371313fcf79c9061ed988f7","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1},{"questionId":"6a1512d73ea9a75799cf8f20","question":"The Marketing Powered Demand Engine for Cardano","description":"Cardano stands on strong technical foundations: a mature protocol, a research-driven roadmap and one of the most globally engaged blockchain ecosystems. Yet for enterprise decision-makers, assessing Cardano as business infrastructure remains far from straightforward. Not because the technology can't deliver, but because it's not yet an obvious \"yes.\"\n\nEnterprise leaders are missing three key things: use-case clarity they can act on, proof they can rely on and engagement paths they can build on.\n\nThis proposal delivers a complete enterprise demand generation system that repositions Cardano as \"The Blockchain for Serious Business\": the high-integrity, mission-critical blockchain network for systems that must not fail. The system operates through a three-stage funnel (Attention → Proof → Qualified Leads), designed to work across any enterprise vertical. For the pilot phase, we recommend Institutional DeFi and Supply Chain Traceability as blueprint verticals based on current market readiness. Final selection to be validated with the GMC and aligned with community priorities. The pilot launches in three markets (UK, Germany, Switzerland).\n\nA central Cardano Hub serves as the evidence and engagement environment. Media activation combines real-world events with digital amplification across LinkedIn, native advertising, podcasts and Out of Home, generating over 45 million paid impressions, 320,000 guaranteed native views and over 300,000 clicks to the Cardano Hub.\n\nThe 12-month pilot is structured in four work packages:\n\n- Enable (strategic foundation)\n- Kick-off (V1 DeFi campaign launch)\n- Scale (V1 DeFi optimization and KPI validation) and\n- V2 Supply Chain Traceability (second vertical activation)\n\nTotal investment: €2,978,738 across both verticals, split 53% media to 47% agency services - within the normal range for digital specialist campaigns of this complexity.\n\nScaling is earned through evidence, not assumed.","requireAnswer":false,"contentHash":"a719312c3e2d377f16bf34f3d3fc166284c378d91562adf237c391ab4f7ff5fc","method":"binary","options":[{"label":"Yes","value":1},{"label":"No","value":2}],"minSelections":1,"maxSelections":1}],"roleWeighting":{"drep":"StakeBased"},"endEpoch":636,"ekklesia":{"namespace":"vote.ekklesia.intersect.budget-2026","votingAuthority":"addr1vyk44xqtv3jpk90fuzqfsjzcvm259hshuw2qmzxq98n3n4chyw9hr","context":"hydra-head","acceptedCredentials":["drep"],"merkleRoot":"85a76c0d10c3889d774839e0b49859c0869c0349c43fe6f87ef95634d4b63fdd","votingWindow":{"open":"2026-05-26T12:00:00.000Z","close":"2026-06-12T12:00:00.000Z"},"ballotIpfsCid":"self"}}},"provisionalResultsEnabled":true,"resultsCalculationMode":"participation","proposalSource":{"moduleId":"intersectmbo-hydra-voting","moduleUrl":"https://hydra-voting.intersectmbo.org","externalBallotId":"69dfeabdc3904a3d239858da","version":"snapshot-2026-05-26","importedAt":"2026-05-26T03:26:15.686Z","importMethod":"push","importedBy":"ekk_R5wvnA"},"facets":[{"key":"pillar","label":"Strategy Pillar","type":"enum","multi":true,"options":["Pillar 1: Infrastructure & Research Excellence","Pillar 2: Adoption & Utility","Pillar 3: Governance","Pillar 4: Community & Ecosystem Growth","Pillar 5: Ecosystem Sustainability & Resilience"],"unit":null,"sortable":false,"filterable":true,"defaultSort":null},{"key":"totalBudget","label":"Total Budget","type":"number","multi":false,"options":[],"unit":"ADA","sortable":true,"filterable":true,"defaultSort":"desc"},{"key":"estimatedDuration","label":"Duration","type":"number","multi":false,"options":[],"unit":"months","sortable":true,"filterable":true,"defaultSort":null},{"key":"treasuryRepayment","label":"Treasury Repayment","type":"enum","multi":false,"options":["Yes","No"],"unit":null,"sortable":false,"filterable":true,"defaultSort":null},{"key":"administrator","label":"Administrator","type":"enum","multi":false,"options":["Intersect","Other"],"unit":null,"sortable":false,"filterable":true,"defaultSort":null},{"key":"legalEntityType","label":"Entity Type","type":"enum","multi":false,"options":["company","individual"],"unit":null,"sortable":false,"filterable":true,"defaultSort":null}],"votingPowerSource":{"type":"snapshot","uploadedAt":null},"certification":{"certified":false,"version":null,"narrative":null},"createdAt":"2026-05-26T03:26:15.686Z","updatedAt":"2026-05-26T11:50:00.386Z"}}