๐จ Cardano Hits Historic Milestone โ Community Approves $71M Development Budget โ
Cardano ($ADA ) just took a major leap toward full decentralization! For the first time ever, the community, not a central entity, approved the protocolโs core development budget.
Through on-chain voting, 74% of DReps supported Input Output Engineeringโs (IOE) proposal to unlock 96 million ADA (~$71M) from the treasury.
๐ง Funds will support key innovations over the next 12 months:
Hydra โ Layer-2 scaling for faster, cheaper transactions
Project Acropolis โ Modular node architecture
โก๏ธ Performance upgrades: sync speed, RAM use, validator costs
All funds are milestone-based and distributed under the oversight of Intersect, a decentralized governance body. IOE will publish monthly reports, engineering timesheets and quarterly financials for full transparency.
๐ฌ Charles Hoskinson, Cardanoโs founder, praised the move as a new era of decentralized delivery. He emphasized responsible use of treasury funds, no memecoin listings or hype-driven grants.
๐ ADA price saw a slight uptick after the announcement, with optimism rising over Cardanoโs network improvements and developer appeal heading into 2026.
This is more than funding. Itโs proof that Cardano is becoming a self-governing ecosystem, powered by its own community.
