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 Net Change Limit
The Cardano Constitution requires the establishment of a Net Change Limit, which defines the maximum amount of lovelace that can be withdrawn from the treasury during an outlined period of time. This governance action serves as an opportunity for all governance stakeholders to formally express their positions regarding the proposed Net Change Limit, ensuring transparency, accountability, and alignment across the ecosystem. This Net Change Limit facilitates a yearly budget cycle for the Cardano community. The 2025 Net Change Limit will begin at the start of Epoch 532 and continue for 72 epochs, finishing at the conclusion of Epoch 604 in December 2025. The 2025 Net Change Limit will be 350,000,000,000,000 lovelace (350M ada). This is the maximum amount that can be withdrawn from the treasury during this specific period and shall not be exceeded. The Net Change Limit will be used when reviewing both budget actions and treasury withdrawal actions to ensure constitutionality as required by Article IV of the Cardano Constitution and the Treasury Withdrawal Guardrails outlined in Appendix I.
Set 2025 Net Change Limit of 300M ADA, 2026 Net Change Limit of 250M ADA
As part of the budget approval process, it is necessary to establish a Net Change Limit. This serves as an opportunity for all governance stakeholders to formally express their positions regarding the proposed Net Change Limit, ensuring transparency, accountability, and alignment with organizational objectives. 2025 Net Change Limit of 300,000,000,000,000 lovelace (300M ada) 2026 Net Change Limit of 250,000,000,000,000 lovelace (250M ada) The Net Change Limit beyond 2027 is not defined in this governance action. The Net Change Limit will be used when reviewing both budget actions and treasury withdrawal actions to ensure constitutionality as required by Article IV of the Constitution and the Treasury Withdrawal Guardrails outlined in Appendix I.
Defining the Cardano Vision and Roadmap for 2025 and beyond
This Info Action calls for a vote by Cardano Delegate Representatives (DReps) on the proposed future roadmap for Cardano. This roadmap, developed by the Cardano Product Committee of Intersect with consultation from key technical stakeholders, outlines key development priorities, technological advancements, and strategic goals for the Cardano ecosystem. The DRep vote will provide crucial input for strategic alignment and inform future budget proposals, including the current budget conversations.
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