Governance Action Details

Info Action
Governance Action Type
In Progress

2025 Cardano NCL

The Cardano Constitution, at Article IV, Section 3, requires that before withdrawal of Treasury funds, the community must have established a Net Change Limit (NCL). This means passing a NCL in a formal on-chain governance info action. The NCL represents the maximum amount of ada which may be withdrawn from the Cardano Treasury in a given period. It is a guardrail which, by definition in the Cardano Blockchain Ecosystem Constitution Definitions referenced below, protects the sustainability of the Cardano Treasury by preventing excessive withdrawals.

Version details

Current Hash:

7d9fc9fe4cee64fb34e57783378ac869a85c78d6fbcd4078ed131ab6fa3c7db6#0

Votes submitted for this Governance Action By:

DReps
Votes: ₳ 1.93B
YES
₳ 1.27B (66%)
NO
₳ 633.58M (33%)
ABSTAIN
₳ 21.62M (1%)
SPOs
Votes: ₳ 465.35M
YES
₳ 465.35M (100%)
NO
₳ 0.00 (0%)
ABSTAIN
₳ 0.00 (0%)
Constitutional Committee
Votes: 0
CONSTITUTIONAL
0 (0%)
UNCONSTITUTIONAL
0 (0%)
ABSTAIN
0 (0%)

Legacy Governance Action ID:

7d9fc9fe4ce...6fa3c7db6#0

Deadline:

29.65 %

10 / 34 days(24 days remaining)

Tasks

Levantamento de requisitos
Análise de impacto
Implementação das mudanças
Coming Soon!

History

Atualização do status para em progresso

Maria Silva - 19/01/2024

Criação da ação de governança

Otávio Lima - 14/01/2024
Coming Soon!
Governance Space on Cardano Blockchain

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