Governance Action Details

Treasury Withdrawals
Governance Action Type
In Progress

Withdraw ₳1,500,000 for Complement Catalyst: Extended Quadratic Funding---Zer...

This treasury withdrawal funds Complement Catalyst: Extended Quadratic Funding---Zero Operational Costs which will provide the following services:

An innovative funding mechanism to complement Project Catalyst by addressing five critical challenges in blockchain ecosystem innovation funding: concentrated voter power, treasury fund limitations, inadequate impact reporting, uncertain ROI, and inefficient milestone management. The solution has zero operational costs---100% of funds go directly to Cardano projects. By combining quadratic funding with a reputation-based system, it will create a more democratic, transparent, and effective allocation process while maximizing treasury fund impact.

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info action by also providing the details of the proposed solution, alignment to the budget, and amount to be withdrawn from the Cardano Treasury.

Version details

Current Hash:

8ad3d454f3496a35cb0d07b0fd32f687f66338b7d60e787fc0a22939e5d8833e#27

Votes submitted for this Governance Action By:

DReps
Votes: ₳ 3.28B
YES
₳ 1.93B (59%)
NO
₳ 1.27B (39%)
ABSTAIN
₳ 83.53M (3%)
SPOs
Votes: ₳ 0.00
YES
₳ 0.00 (0%)
NO
₳ 0.00 (0%)
ABSTAIN
₳ 0.00 (0%)
Constitutional Committee
Votes: 2
CONSTITUTIONAL
2 (100%)
UNCONSTITUTIONAL
0 (0%)
ABSTAIN
0 (0%)

Legacy Governance Action ID:

8ad3d454f34...e5d8833e#27

Deadline:

42.23 %

12 / 30 days(18 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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