Thank you for the important work you are doing to support one of the most widely used Cardano wallets. I would like to ask the following question regarding the long-term sustainability of this project:

As a DRep concerned with the financial sustainability of the Cardano ecosystem, I would like to ask:

Is it realistically possible for wallet services like Eternl to build a self-sustaining business model, independent of ongoing Catalyst or Intersect funding?

If so, what monetization strategies or business development efforts—such as premium features, white-label licensing, enterprise partnerships, or delegated treasury management—are being considered to move Eternl toward greater economic autonomy in the future?

I ask this to better understand the balance between public funding and ecosystem service self-sufficiency, which is a key issue as we mature toward decentralized governance and budgeting.

Thank you again for your contribution to the ecosystem.

Well done with Eternl wallet. Very popular product. There are many wallets today and Eternl is among the best. Difficult to allocate funding for one and not the others. Eternl remains closed source as far as I know and this further hinders the likelihood of this proposal passing. As it stands now, I would not vote for funding Eternl business operational costs.

Great wallet, but you need to be self funded.

Eternl Wallet, as good a product as it is, is not a public utility. It's a closed source, private project. The purpose of the treasury is to further the development of the chain itself. Funding private wallets does not fall within that mandate.

@yuta

To answer your questions:

1. No, Eternl has currently no plans to go open-source.

2. Financial plan:

Eternl generates revenue through its MonsterSwap and DApp Browser features. During periods of high transaction volume and decent ADA/EUR price, these services provide sufficient income to sustain operations. However, recent months have seen exceptionally low transaction volumes on Cardano, which has reduced our financial runway. Therefore, we are seeking budget support to maintain consistent operations during these low-activity periods.

3. Fairness:

With its extensive feature set and consistent support for testnets, Eternl is a key tool for developers building on Cardano. Our team is always available to assist them, and we will continue this support regardless of the outcome of this proposal.

We can’t speak to the financial needs or structures of other wallet providers — that’s not our role. Our focus is on transparently communicating our own situation and plans to continue delivering reliable services to the Cardano community.

There's no plan here to become sustainable, this is just an ask to help cover costs of maintenance for a year? I've voted historically in favor of funding initiatives for Eternl, but I would draw the line here for this proposal. It's not about the amount, more so that this is a closed-source project, no real idea what your revenues are so I can't in good faith put treasury funds towards something like this. As good as Eternl wallet is and the benefit it's brought to the community, at the same time the treasury is not a charity. There's no sustainable plan put forth here that doesn't result in Eternl coming back asking for additional funds in 2026, 2027, etc. This presents unfair treatment vs other wallet providers out there and overall we should be paying for all wallet maintenance or no ones at all.

I fully acknowledge that ETERNL is a quality wallet but I still need to hear this.

1. Will it be open source?

2. Do you have a financial plan for the future to become sustainable and independent of Treasury and Catalyst?

3. In terms of fairness with other wallet solutions, do you think all Cardano wallets currently in existence should support 500,000 ada per year? If not, what are some specific reasons why ETERNL should be given special support?

Hey, I need more to go on here.

• Where are the user numbers? How many people actually rely on this wallet day-to-day?
• "Providing services" is pretty vague. What specific improvements are you planning over the next year?
• After 4 years, I'd expect to see some community love. 🤭Can you share some testimonials or support? I get that development costs money, and your budget breakdown seems reasonable for the team size. But before I can vote yes I need to understand what the community gets in return. Could you update this with some concrete usage stats and specific goals for the next funding period? thankbyou. ❤️