Governance Action Details
Withdraw ₳4,000,000 for Expanding Stablecoin / Cardano Native Asset Support...
This treasury withdrawal funds Expanding Stablecoin / Cardano Native Asset Support / Fiat Ramps which will provide the following services:
-
Expanding wallet and custodian support for Cardano native assets (including USDA, a Cardano-native stablecoin).
-
Increasing the availability of Cardano stablecoins and native assets on exchanges and OTC desks.
-
Driving real-world utility for USDA in cross-border payments, remittances, and enterprise settlements.
-
Building cost-effective fiat on/off-ramps for ADA and Cardano native assets in frontier markets.
By addressing these challenges, Anzens aims to boost liquidity, accessibility, and adoption of Cardano's DeFi and real-world use cases, bridging traditional finance with our open source blockchain-based payments.
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info action by also providing the details of the proposed solution, alignment to the budget, and amount to be withdrawn from the Cardano Treasury.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#31
Votes submitted for this Governance Action By:
Legacy Governance Action ID:
8ad3d454f34...e5d8833e#31
Deadline:
42.23 %12 / 30 days(18 days remaining)
Supporting Links
Off-ramping (ADA to Fiat) live withdrawal on Yoroi wallet
https://drive.google.com/file/d/1znnLuN1r0pB8-c10Txf36QPpV3IwBf0x/view?t=3The Payment Network and Methods by country
ipfs://bafybeihyzc6lqfzdiy2ooydi53kqhgik2wqsdp5ctyjqaswf6eiar5nihiAnzens Minting USDA
https://drive.google.com/file/d/1PdOplE6cDJsTuGknsNtPNF7sVsEbNyVV/view?usp=sharingAnzens Burning USDA
https://drive.google.com/file/d/1v07mt7V3lEGWH19teM-qhEJXI4e7ZCXs/view?usp=sharingResponse to Comment 1. Answering 6 Questions with additional feedback (PDF)
https://docs.google.com/document/d/1guiI0OmHylqTLo16p4mL1-PhYMiu3-6B4dNEX0gZe-Y/edit?tab=t.0Project Proposal In Ekklesia
https://2025budget.intersectmbo.org/ballots/680d1b63565577986442d123/proposals/680d1b63565577986442d1a2Approved Budget Info Action submitted by Intersect via GovTool
https://gov.tools/outcomes/governance_actions/e14de8d9dc4f4ddf3fe9250a8a926e20f10e99b86bd0610b77d7a054981591ee#0Details of all successful proposals (CSV)
ipfs://bafybeicwrop4q7xvnyjdd5drumbe56sqtm5lbe2ul3c262zt4hgguzdycmAutomating Accountability: Cardano's Smart Contract Framework Blog
ipfs://bafybeihqx4ae72z7suqfnxrpqpqithp43cai7o2uuewnqtezgaoyc3ptyqSundae Labs Budget Management Smart Contracts Github Repository
https://github.com/SundaeSwap-finance/treasury-contractsBudget Management Smart Contracts TxPipe Audit Report
ipfs://bafybeiccnwejbgj43wo6hrlseckkkmprtoqc5cfuy2hesm6c6yealwho3eBudget Management Smart Contracts MLabs Audit Report
ipfs://bafybeiah5fnjhda5hemj3qvaehc4mre3qllqzw2l7mkdsguytn4ftgafw4Related documents
Tasks
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?
Building Together to Drive Cardano Forward.