Governance Actions
Anyone that has ADA in a wallet can propose a Governace Action. To submit a Governance Action, the submitter pays a refundable deposit of 100,000 Ada. The deposit will be returned automatically back to the submitter's wallet upon completion of the Voting period.
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 The NCL represents the maximum amount of ada which may be withdrawn from the Cardano Treasury in a given period.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.
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