according to the materials of the site - By COINTURK NEWS
Charles Hoskinson, the founder of Cardano, recently stated that the Cardano treasury will not cover listing fees for projects in its ecosystem in exchange for ADA. This statement was made after rumors surfaced about funding listing fees for major ecosystem projects such as Midnight and Snek from treasury funds. Hoskinson's statement caused a significant resonance in the Cardano community, clarifying the issue.
In his statement, Charles Hoskinson emphasized his firm position: treasury funds will not be used to pay listing fees for ecosystem projects. He insisted that all projects within the Cardano ecosystem should develop using their own budgets.
Charles Hoskinson clearly stated: 'Using the Cardano treasury to pay listing fees in ADA is unacceptable.' This statement became particularly important in the context of rumors about projects like Midnight and Snek, offering a clear approach to managing ecosystem resources.
Recently, the topic of funding the listing process for ecosystem projects on exchanges has sparked discussions. Projects like Midnight and Snek stand out as significant initiatives within the Cardano network. However, it has been confirmed that these projects will not receive centralized treasury support for paying listing fees.
The Cardano treasury is a community-managed budget executed based on specific mandates. Charles Hoskinson noted that treasury assets cannot be directly allocated to specific projects.
The Cardano community places a high priority on the principles of transparency and equity when using treasury funds. Financial support requested by projects is provided according to established rules and with community approval.
Following Hoskinson's statements, community members emphasized the importance of fair and transparent management of resources. It is expected that the management of the Cardano treasury fund will be conducted on the same principles in future projects.
