Governance Action Details

Treasury Withdrawals
Governance Action Type
In Progress

5am.earth Trust Layer Targeting Vision 2030 KPIs

5am.earth Foundation requests 10,000,000 ADA (hard cap) to build an open, Cardano-anchored trust layer for global agricultural supply chains. The trust layer combines Veridian self-sovereign identity for farmers and Agri-Entrepreneurs (AEs) with a Cardano on-chain satellite oracle delivering verified farm and crop data. The 18-month programme (M1 Stand-Up at Month 6, M2 Closed Loop at Month 12, M3 Self-Sustaining at Month 18) delivers across India, Cambodia, and Kenya, reaching 500,000 registered farmers and operating three named application paths during the funded period: AE certification with Andamio (WP3), traceability and compliance with Zengate Global (WP4), and finance and credit with Seedstars SIGMA (WP5). The Foundation is the neutral steward of the open trust layer; commercial partners build on top of it. The proposal is administered by Intersect on standard terms via the standardized Treasury Reserve Smart Contract / Project-Specific Smart Contract framework developed by Sundae Labs, with an independent Oversight Committee of five external entities verifying key administrative actions. Payment structure: 5,000,000 / 2,000,000 / 3,000,000 ADA, milestone-gated, front-loaded on approval and gated on observable evidence at M1 and M2. Project Swaminathan operates on Cardano Mainnet today with 10,500 cumulative farmer/farm registrations as of 5 May 2026 — providing live operational foundation for the proposed scale-up. The programme contributes meaningfully across all five Cardano Vision 2030 pillars, with 2030 projections of 3 million farmers, 112.5 million annual on-chain transactions, $900 million TVL, and 16–20 million ADA in annual protocol revenue. By 2028, the Foundation is structurally positioned to be self-sustaining through commercial partnerships and institutional backing — not returning to the Treasury for operating costs.

Version details

Current Hash:

aaa6d9ccb72639c77db46b73bec2eaff9e5fcdfa04909cf1a0f7855a4d31485a#0

Votes submitted for this Governance Action By:

DReps
Votes: ₳ 535.70M
YES
₳ 211.80M (40%)
NO
₳ 320.94M (60%)
ABSTAIN
₳ 2.96M (1%)
SPOs
Votes: ₳ 0.00
YES
₳ 0.00 (0%)
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:

aaa6d9ccb72...a4d31485a#0

Deadline:

10.15 %

3 / 33 days(30 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

Are You Ready to Participate?

Building Together to Drive Cardano Forward.