Cardano community approves treasury funding to support upgrades across performance, scalability, and UX
Key Takeaways
- Cardano community approved treasury funding for Input Output Engineering to support major protocol upgrades.
- The initiative introduces milestone-based payments and increases transparency and decentralization in network development.
Share this article
The Cardano community has approved Input | Output Engineering’s (IOE) protocol roadmap proposal for treasury funding, with approximately 74% of voters supporting the initiative in what marks the first community-authorized core development funding for the blockchain network, according to a new press release .
The approved funding will be used for major upgrades focused on scalability, developer experience, and interoperability. The key developments include Ouroboros Leios for increased throughput, Hydra for fast and low-cost transactions, Mithril enhancements for reduced bootstrap times, and Project Acropolis for modular node architecture.
“This is a milestone moment for Cardano,” said Tim Harrison, EVP Community & Ecosystem at Input | Output. “For the first time, core protocol development is being funded directly by the community. This vote of confidence empowers us to move forward with full transparency, shared responsibility, and a renewed commitment to building an open, resilient ecosystem.”
The funding structure incorporates milestone-based payments administered by Intersect, with releases contingent on verified delivery. IOE will provide monthly updates, engineering timesheets, and quarterly budget reports for community oversight.
“Securing this funding is just the start,” said Ricky Rand, General Manager at Input | Output Engineering. “This is a vote of confidence in Cardano’s future – and a model for how decentralized funding and delivery can work at scale. The real work begins now – delivering with integrity, reporting with transparency, and building with and for the community.”
The IOE plans to engage external vendors, particularly from the Cardano Developer Ecosystem Coalition, as part of future funding rounds to strengthen decentralization.
Share this article
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
From yen rate hikes to mining farms shutting down, why is bitcoin still falling?
The recent decline in bitcoin prices is primarily driven by expectations of a rate hike by the Bank of Japan, uncertainty regarding the US Federal Reserve's rate cut trajectory, and systemic de-risking by market participants. Japan's potential rate hike may trigger the unwinding of global arbitrage trades, leading to a sell-off in risk assets. At the same time, increased uncertainty over US rate cuts has intensified market volatility. In addition, selling by long-term holders, miners, and market makers has further amplified the price drop. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.
The Economist: The Real Threat of Cryptocurrency to Traditional Banks
The crypto industry is replacing Wall Street's privileged status within the American right-wing camp.
Grayscale's Top 10 Crypto Predictions: Key Trends for 2026 You Can't Miss
The market is transitioning from an emotion-driven cycle of speculation to a phase of structural differentiation driven by regulatory channels, long-term capital, and fundamental-based pricing.
From Yen Interest Rate Hike to Mining Farm Shutdown, Why Is Bitcoin Still Falling
The market is down again, but this may not be a good buying opportunity this time.
Trending news
MoreCrypto prices
More
