Governance Action Details
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 The NCL represents the maximum amount of ada which may be withdrawn from the Cardano Treasury in a given period.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:
Legacy Governance Action ID:
7d9fc9fe4ce...6fa3c7db6#0
Deadline:
29.65 %10 / 34 days(24 days remaining)
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History
Atualização do status para em progresso
Maria Silva - 19/01/2024Criação da ação de governança
Otávio Lima - 14/01/2024Are You Ready to Participate?
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