This treasury withdrawal funds Complete Web3 developer stack to make Cardano the smart contract layer for Bitcoin which will provide the following services:

Maestro proposes a comprehensive infrastructure solution that positions Cardano as Bitcoin's primary smart contract and DeFi execution layer. Leveraging Maestro's enterprise-grade UTXO infrastructure platform, this integration will bridge Bitcoin's substantial liquidity and large user base directly into the Cardano ecosystem.

Maestro's solution will provide a complete suite of developer-friendly infrastructure services and tools, including:

Blockchain Indexer: For real-time blockchain data querying and insights.

• Blockchain Indexer: For real-time blockchain data querying and insights.

• Mempool Monitoring: Enabling developers to detect transactions and on-chain events instantly, even before they are confirmed.

• Event Notification System: Allowing instant webhook alerts for on-chain activities, significantly enhancing the responsiveness of dApps.

• Wallet Manager: Facilitating secure, efficient wallet management, address derivation, and user transaction tracking.

These tools significantly improve the developer experience, dramatically reducing complexity and integration overhead. By abstracting away blockchain complexities, Maestro empowers developers to quickly build and deploy advanced DeFi applications, wallets, and Layer-2 integrations, directly utilizing Bitcoin liquidity.

This Treasury Withdrawal is submitted by Intersect on behalf of the vendor. The following sections; Abstract, Motivation, Rationale and Vendor Profile have been sourced from the approved proposal submitted by the Vendor as part of the Intersect budget process.

This treasury withdrawal funds one of 39 proposals to give effect to the approved budget info action for ₳275,269,340, administered by Intersect via gov_action1u9x73kwufaxa70lfy59g4ynwyrcsaxdcd0gxzzmh67s9fxq4j8hqqk2phgh. The information provided herein is intended to fulfill the spirit of the constitutional requirement for a treasury withdrawal info action by also providing the details of the proposed solution, alignment to the budget, and amount to be withdrawn from the Cardano Treasury.