Cardano’s core development team received approval to be paid 96 million ADA from the treasury to forge ahead with proposed upgrades to the network.
Input Output Global (IOG) — Cardano’s main development team — submitted the proposal for the equivalent of $71 million in Cardano (ADA), which passed with 74% in favor, representing 200 votes, with six against and seven abstaining, according to the governance action.
The 12-month development plan focuses on improving scalability, the developer experience and interoperability.
Still, it drew some concern from the community over costs, overall accountability and transparency.