Enacted Cardano Governance Actions

This Treasury Withdrawal funds Dolos by TxPipe: Maintaining Cardano's Lightweight Data Node, Year 2. This Treasury Withdrawal is submitted by Intersect on behalf of the vendor. The content for the following sections; Abstract, Motivation and Rationale have been sourced from the approved proposal submitted by the Vendor as part of the Intersect budget process.

This Treasury Withdrawal funds Hardware Wallet Maintenance 2026. This Treasury Withdrawal is submitted by Intersect on behalf of the vendor. The content for the following sections; Abstract, Motivation and Rationale have been sourced from the approved proposal submitted by the Vendor as part of the Intersect budget process.

This Treasury Withdrawal funds Mithril Protocol. This Treasury Withdrawal is submitted by Intersect on behalf of the vendor. The content for the following sections; Abstract, Motivation and Rationale have been sourced from the approved proposal submitted by the Vendor as part of the Intersect budget process.

We propose to upgrade Cardano Mainnet to Protocol Version 11. This upgrade will be achieved via an intra-era Hard Fork (called "van Rossem"). Following the upgrade: 1. The Cardano mainnet protocol will be upgraded to Major Version 11 and Minor Version 0; 2. The ledger remains in the Conway era, there is no era transition; 3. Several new Plutus primitives will be available, as defined in CIP-0109, CIP-0132, CIP-0133, CIP-0138 and CIP-0153; 4. All Plutus built-in functions will be available consistently across Plutus V1, V2 and V3, expanding the capabilities of Plutus V1 and V2 scripts; 5. “case”-expressions for built-in types (Bool, Integer and Data) will be supported in Untyped Plutus Core, providing significant performance improvements and cleaner script logic; In line with the Cardano Constitution: 1. At least 85% of stake pools by active stake should have upgraded to a version of the node that can support protocol version 11 before ratification of this governance action. These conditions will be verified by the Constitutional Committee and SPOs, supported by readiness reports from Intersect's Hard Fork Working Group.

## Preamble The previous proposal, “Eternl: Path to Sustainability (2026-2027),” received NO votes from CC members due to a lack of clarity regarding audits. This new proposal is essentially the same as the previous one and adds that clarification. _Previous Governance action:_ gov_action1ngpqafax5rvp8lcgey4asvqtycrh4e56fwp8cn2r9trx2ysryhtsqdm3w3z https://adastat.net/governances/9a020ea7a6a0d813ff08c92bd8300b26077ae69a4b827c4d432ac665120325d700 _Key differences:_ - Added clarification on Audit funds spending and oversight metrics, as requested in the CC vote rationales. - Updated Ada to USD conversion rates - Changed FAQ answer: Eternl DRep will abstain on this proposal _Clarification on FTEs:_ Our price per FTE is $70,000 (compared to other proposals exceeding $200,000 per FTE). A reasonable lower bound rate. Our 6 FTEs are distributed across 10 people contributing to Eternl in various capacities, most of them part-time. ## Abstract Eternl is a non-custodial Cardano light wallet for the web, browser extension, Android, and iOS. Users rely on Eternl for payments, staking, governance, and DApp interaction. This proposal enables 12 months of operations, maintenance, and improvements. It includes frontend and backend maintenance and development, backend infrastructure, user support, and day-to-day operations. The goal is to keep Eternl secure, compatible, stable, and available as Cardano keeps evolving. This costs around $420,000 per year.

**Proposal as pdf: [https://ipnso-com.ipns.inbrowser.link/?cid=Qmbk3jHKKLQ1VrniKaD7sGMscJxCKvoXqt1sQoEnRLTku4](https://ipnso-com.ipns.inbrowser.link/?cid=Qmbk3jHKKLQ1VrniKaD7sGMscJxCKvoXqt1sQoEnRLTku4)** **Hydra is the only production-grade Layer 2 on Cardano, already running live workloads for Delta DeFi, Masumi, Intersect, Vtechcom and others.** This proposal funds four workstreams - performance optimization, operational excellence, ecosystem support, and developer experience - delivering a feature-complete and hardened Hydra v2 so we offer a competitive scaling solution to existing builders and new builders adopt Cardano. Hydra delivers sub-second finality, near-zero fees, and high parallel throughput with L1-grade settlement. It unlocks verticals such as institutional and perpetual DEXes, agent-to-agent commerce, micropayments, gaming, point of sale, and verifiable information processing. The work aligns with the treasury's TVL, transaction, active-user, throughput, reliability, and protocol-revenue KPIs, and with Pillars 1, 2, 4, and 5. The ask is **₳5,100,781**. This will be milestone-gated, with independent third-party assurance and Intersect providing administrative treasury governance.

Intersect’s Civics Committee and Technical Steering Committee propose to change the **minimum** Constitutional Committee size (`committeeMinSize`) from 7 to 5 in order to improve operational resilience while maintaining constitutional safeguards. The ratification of this Governance Action depends on the enactment of another live Parameter Change Governance Action (`gov_action1eqhnsdyf3exhp5mqt7sdjtl7xy69wqg8tvg854psns2jt72cra3qqrcnr8r`), which will change a number of Plutus cost model settings in preparation for the van Rossem hard fork.

This treasury withdrawal requests **₳18,263,496.00** (USD $4,565,874.00) to fund Tweag by Modus Create's delivery of 3 work packages across core infrastructure areas for the Cardano ecosystem over 2026–2027. The primary focus is the **mainnet deployment of Peras** (faster finality: ~2 min vs. ~12 min today), alongside improvements to resilience, scalability, developer tooling, and network observability. Work packages include: - **Peras v1** – production cryptography, KillSwitch, mainnet readiness and further support and maintenance - **History Expiry** – partial-history nodes to reduce SPO storage costs - **Conformance Testing** – CTC framework extended for Peras and Leios Intersect is requested to serve as proposal and contract administrator. All deliverables are open-source and publicly tracked.

Intersect's Parameter Committee proposes to update the Plutus V3 Cost Model via a Parameter Update governance action to enable the new Plutus primitives that will be available following the van Rossem hard fork (to Protocol Version 11), to enable all Plutus primitives in Plutus V1 and V2 as well as Plutus V3, and to change settings for some existing Plutus primitives. Note that the new primitives will not be enabled in Protocol version 10, but only following the enactment of the hard fork to Protocol Version 11. However, the changes for existing primitives will happen immediately on enactment of this governance action.

5am.earth Foundation requests 10,000,000 ADA (hard cap) to build an open, Cardano-anchored trust layer for global agricultural supply chains. The trust layer combines Veridian self-sovereign identity for farmers and Agri-Entrepreneurs (AEs) with a Cardano on-chain satellite oracle delivering verified farm and crop data. The 18-month programme (M1 Stand-Up at Month 6, M2 Closed Loop at Month 12, M3 Self-Sustaining at Month 18) delivers across India, Cambodia, and Kenya, reaching 500,000 registered farmers and operating three named application paths during the funded period: AE certification with Andamio (WP3), traceability and compliance with Zengate Global (WP4), and finance and credit with Seedstars SIGMA (WP5). The Foundation is the neutral steward of the open trust layer; commercial partners build on top of it. The proposal is administered by Intersect on standard terms via the standardized Treasury Reserve Smart Contract / Project-Specific Smart Contract framework developed by Sundae Labs, with an independent Oversight Committee of five external entities verifying key administrative actions. Payment structure: 5,000,000 / 2,000,000 / 3,000,000 ADA, milestone-gated, front-loaded on approval and gated on observable evidence at M1 and M2. Project Swaminathan operates on Cardano Mainnet today with 10,500 cumulative farmer/farm registrations as of 5 May 2026 — providing live operational foundation for the proposed scale-up. The programme contributes meaningfully across all five Cardano Vision 2030 pillars, with 2030 projections of 3 million farmers, 112.5 million annual on-chain transactions, $900 million TVL, and 16–20 million ADA in annual protocol revenue. By 2028, the Foundation is structurally positioned to be self-sustaining through commercial partnerships and institutional backing — not returning to the Treasury for operating costs.