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.
Reimburse Ikigai Info Governance Action Deposit.
In September 2024, only weeks after the Chang hard fork to introduce on-chain governance, an Info governance action titled Cardanoの生きがい - Ikigai - was submitted. This was only a symbolic governance action, as it simply asked the community whether they agreed with a statement thanking those that helped get Cardano to this point and expressing a sense of hope for the future. Unfortunately, due to a bug in the code of the Cardano node that permitted an unregistered stake key to be used in the governance action, the submitter was unable to recover their deposit of 100K ada. While the community expressed at the time the importance of reimbursing this deposit via a treasury withdrawal; once the ability to do so became available, following the Plomin hard fork; unfortunately none of the entity based budget submissions have included this. The Cardano in Oceania initiative did include the deposit reimbursement in their budget Info governance action, however their governance action was not approved. This governance action therefore aims to resolve this outstanding issue.
Loan ₳5,000,000 to Expand Cardano's Global Listings
This proposal seeks a 5,000,000 ada budget loan from the Cardano Treasury to fund the Cardano Global Listing Expansion, a strategic initiative led by the Snek Foundation to list [SNEK](https://www.snek.com/) on top-tier centralized exchanges, retail brokers, and trading platforms. This proposal is the **first-ever loan-based treasury withdrawal** in Cardano governance, introducing a new model of accountability where funds are not given as grants but repaid with interest. As part of the governance process, a Board of Advisors will be appointed to ensure transparent execution and maximize ecosystem alignment. This board will include high-profile industry veterans like Tal Cohen (former CEO of Kraken), Phillip Pon (CEO of Emurgo), Fahmi Syed (President of Midnight Foundation), and Frederik Gregaard (CEO of Cardano Foundation), with additional top-tier names to be announced. *SNEK is the largest community token on Cardano, holding the highest market capitalization, over 42,000 wallets, and more than 2 billion ADA in all-time trading volume.* Over the past two years, the Snek Foundation has already invested over $5 million, entirely self-funded, to secure major exchange listings. Snek delivered the first, second, and third-ever Tier 1 listings for any Cardano native token, with Kraken, Crypto.com, and Kucoin, setting historic precedents for the ecosystem. With this proposal and with the support of our partners, we aim to unlock greater visibility, liquidity, and accessibility for the broader Cardano ecosystem by leveraging SNEK’s proven momentum and market position. This loan will be continuously repaid from Snek network activities, with a final balance plus interest settled after a closing audit in three to five years. Interest is set at 2.44% annualized (2.37% staking rate + 0.07%), compounded yearly. By structuring this as a repayable loan, the Snek Foundation is once again trailblazing for the ecosystem; demonstrating how treasury capital can be deployed responsibly while setting a precedent for future projects. This treasury withdrawal follows the approved Budget: ₳5M Loan for Cardano's Global Listing Expansion - Powered by Snek ([gov_action1jr84r96lnsvu9yd6c0jhxe9gj5r7vnd2pgkntc6klplxdpyzz4tqqc9uldx](https://gov.tools/outcomes/governance_actions/90cf51975f9c19c291bac3e57364a89507e64daa0a2d35e356f87e6684821556#0)). The administrator of the budget funds will be Intersect, utilizing the treasury-contracts framework to manage funds.
Securing Generic Top-Level Domains for the Cardano Ecosystem
The Cardano Foundation is seeking community support to apply for the registration of the .ada and .cardano gTLDs with the Internet Corporation for Assigned Names and Numbers (ICANN) during the next application window in Q1 2026. This initiative will only use the Foundation’s own financial resources and aims to secure a competitive digital presence for Cardano, unlock innovations and strategically position Cardano as a digital infrastructure.
Constitutional Committee Compensation Epochs 581-653
This governance action proposes a budget of 1,000,000 ada to provide compensation for Cardano Constitutional Committee members serving between epochs 581 and 653.
CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.3
# Three-line summary: 1. Cardano Constitution v2.3 removes non-binding expectations, the Budget Info Action mechanism, and mandatory CC conduct rules, streamlining governance. 2. It adds clear definitions, enforces immutability of proposal documents, and applies treasury audit/accountability safeguards to all withdrawals. 3. Community review of v2.0 had 86.23% DRep participation, and v2.3 incorporates feedback and improvements, addressing prior concerns to reinforce legitimacy and broad input. # Three helpful links 1. CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.3 https://ipfs.io/ipfs/bafkreihjgclyeemuvvn27mil5whoexjsuhn3fuwgjefawwbonmwo6hsxsq 2. List of changes from v1.0 to v2.3.pdf https://ipfs.io/ipfs/ipfs/bafybeigshlsvztihfem32ei2n7ijucbmiqzr5ulxoyezvckvzisqiee3fa 3. List of changes from v2.0 to v2.3.pdf https://ipfs.io/ipfs/bafybeihjegoita5u67sr6q2cplb33zglytwdo7355u6f2wn4wayhq6uy4e
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