Expired Cardano Governance Actions

The Cardano Foundation is seeking community support to apply for the registration of the .ada and .cardano gTLDs with the Internet Corporation for Assigned Names and Numbers (ICANN) during the next application window in Q1 2026. This initiative will only use the Foundation’s own financial resources and aims to secure a competitive digital presence for Cardano, unlock innovations and strategically position Cardano as a digital infrastructure.

This governance action proposes a budget of 1,000,000 ada to provide compensation for Cardano Constitutional Committee members serving between epochs 581 and 653.

# Three-line summary: 1. Cardano Constitution v2.3 removes non-binding expectations, the Budget Info Action mechanism, and mandatory CC conduct rules, streamlining governance. 2. It adds clear definitions, enforces immutability of proposal documents, and applies treasury audit/accountability safeguards to all withdrawals. 3. Community review of v2.0 had 86.23% DRep participation, and v2.3 incorporates feedback and improvements, addressing prior concerns to reinforce legitimacy and broad input. # Three helpful links 1. CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.3 https://ipfs.io/ipfs/bafkreihjgclyeemuvvn27mil5whoexjsuhn3fuwgjefawwbonmwo6hsxsq 2. List of changes from v1.0 to v2.3.pdf https://ipfs.io/ipfs/ipfs/bafybeigshlsvztihfem32ei2n7ijucbmiqzr5ulxoyezvckvzisqiee3fa 3. List of changes from v2.0 to v2.3.pdf https://ipfs.io/ipfs/bafybeihjegoita5u67sr6q2cplb33zglytwdo7355u6f2wn4wayhq6uy4e

This Treasury Withdrawal funds **12 months** of full active maintenance and development for GovTool, the open-source, community-owned set of governance tools that form Cardano’s core low-barrier platform for participation in on-chain governance. GovTool enables ada holders to register, delegate, propose, vote, and transparently view outcomes. It is actively maintained and expanded by the Cardano GovTool Consortium which consists of ByronNetwork, WeDeliver, LidoNation and Dquadrant with additional open source contributors, guided by the Governance Tools Working Group. Funding will ensure operational stability, incentivisation for community contributions, support for other open source governance tools using GovTool open-source code and APIs, and deliver accelerated functional updates across all governance pillars. Any unused funds will be returned to the Cardano Treasury. This withdrawal follows the approved budget Info Action for ₳1.15M (gov_action1n5sn54mgf47a7men2ryq6ppx88kta4wvenz2qkl4f9v6ppje8easqxwm88m) and it will be administered by Intersect via smart contract framework, fulfilling the constitutional requirement to detail the proposed solution, its alignment to the approved budget, and the amount to be withdrawn.

This Info Action calls for a vote by Cardano Delegate Representatives (DReps) on the proposed Cardano 2030 vision & strategy. Please note that although the Product Committee created this content, this governance action was submitted independently by a community member, not the Committee or its members. As a community member, I would like to assist the Product Committee to help gather feedback on-chain, as the Committee has so far relied on off-chain feedback collection. https://ipfs.io/ipfs/bafkreieaeiokqecnfrkysltkfvuatg5wkhfyhheur6r5k7flojtr2nsebi

The primary goal of this budget proposal is to increase liquidity on Cardano, specifically by supporting stablecoin liquidity. The secondary goal is to generate revenue for the treasury. 50,000,000 ADA is requested to create a fund composed of ADA and fiat backed stablecoins to support the Cardano decentralized finance (DeFi) ecosystem. The majority of the funds (99%) in this budget will be disbursed to DeFi protocols including decentralized exchanges (DEXs) and lending protocols to help seed liquidity on Cardano. Funds must only contain ADA, fiat backed stablecoins, and liquidity tokens from deployment into DeFi protocols. The funds will be managed from a smart contract administered by a 9 person interim committee composed of publicly identified individuals with oversight from a newly established treasury DAO (tDAO), where membership in the treasury DAO includes decentralized representatives (dReps). After 1 year, the tDAO will be required to elect a new committee or else no actions can be taken. The tDAO has the oversight abilities to impeach, elect, and ultimately shut down the fund and return funds to the treasury. In addition to the fund, this proposal will establish a number of public goods including a legal framework for future community involved proposals like this as well as an open source governance contract with executive and oversight functionality.

This proposal seeks a 5,000,000 ada budget loan from the Cardano Treasury to fund the Cardano Global Listing Expansion, a strategic initiative led by the Snek Foundation to list [SNEK](https://www.snek.com/) on top-tier centralized exchanges, retail brokers, and trading platforms. This proposal is the **first-ever loan-based treasury withdrawal** in Cardano governance, introducing a new model of accountability where funds are not given as grants but repaid with interest. As part of the governance process, a Board of Advisors will be appointed to ensure transparent execution and maximize ecosystem alignment. This board will include high-profile industry veterans like Tal Cohen (former CEO of Kraken), Phillip Pon (CEO of Emurgo), Fahmi Syed (President of Midnight Foundation), and Frederik Gregaard (CEO of Cardano Foundation), with additional top-tier names to be announced. *SNEK is the largest community token on Cardano, holding the highest market capitalization, over 42,000 wallets, and more than 2 billion ADA in all-time trading volume.* Over the past two years, the Snek Foundation has already invested over $4.5 million, entirely self-funded, to secure major exchange listings. Snek delivered the first, second, and third-ever Tier 1 listings for any Cardano native token, with Kraken, Crypto.com, and Kucoin, setting historic precedents for the ecosystem. With this proposal and with the support of our partners, we aim to unlock greater visibility, liquidity, and accessibility for the broader Cardano ecosystem by leveraging SNEK's proven momentum and market position. This loan will be repaid from Snek product revenues and business ventures with the final balance plus interest settled in three to five years, following a closing audit to confirm the loan has been repaid in full. Interest is set at 2.44% annualized (2.37% staking rate + 0.07%), compounded yearly. By structuring this as a repayable loan, the Snek Foundation is once again trailblazing for the ecosystem; demonstrating how treasury capital can be deployed responsibly while setting a precedent for future projects. The administrator of the budget funds will be Intersect.

The Cardano in Oceania 2025–2026 strategy and budget is a comprehensive plan designed to ignite Cardano’s growth in a strategically important region. By investing in people (capacity building and community), projects (hackathons and pilots), and promotion (marketing and storytelling), we create a virtuous cycle: more talent and awareness leads to more projects, which lead to real adoption and success stories, which in turn attract even more talent and partnerships. This aligns closely with Cardano’s mission of building a world-changing ecosystem – starting locally in Oceania, with ripples globally.

CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.0: https://cardano.mypinata.cloud/ipfs/bafkreigr35rigmubdmv5u7vr47d2tmvhq3i245uvtmzuciyexepcvaargu For a complete list of changes, see "List of changes from v1.0 to v2.0". Here is a list of the major changes: * Preamble / Article I / Article III / Appendix II: Minor wording improvements. * Defined Terms: New definitions added for clarity. * Article II: * Simplified wording. * Removed the Budget info action requirement for treasury withdrawals. * Removed outdated provisions (e.g., DRep/SPO Codes of Conduct). * Appendix I: * More precise definitions. * Fixed typos and inaccuracies. * Aligned with Article II changes on treasury withdrawals.

This treasury withdrawal funds the Cardano Global Listing Expansion initiative, a strategic proposal by the Snek Foundation to list SNEK on major centralized exchanges (CEXs), retail brokers, and other widely adopted platforms. SNEK is the largest community token on Cardano, holding the highest market capitalization, over 42,000 wallets, and more than 2 billion ADA in all-time trading volume. Over the past two years, the Snek Foundation has already invested over $4 million, entirely self funded, to secure major exchange listings. We’ve delivered the first and second ever Tier 1 listings for any Cardano native token, with Kraken and Crypto.com setting historic precedents for the ecosystem. These were not isolated wins, but the first step in a broader strategy to unlock global market access for Cardano. This proposal seeks 5,000,000 ADA to support top-tier exchange listings, liquidity provisioning, legal and compliance services, and strategic advisory oversight. These listings will not only increase SNEK adoption but also bring unprecedented visibility, liquidity, and user acquisition opportunities to the entire Cardano ecosystem. As part of the governance process, a Board of Advisors will be appointed to ensure transparent execution and maximize ecosystem alignment. This board will include high-profile industry veterans like Tal Cohen (former CEO of Kraken) and Phillip Pon (CEO of Emurgo), with additional top-tier names to be announced. SNEK is Cardano’s most adopted token, yet it remains underrepresented on major centralized exchanges, reflecting a broader lack of visibility for Cardano on mainstream platforms and among broader audiences. This underrepresentation doesn’t just affect SNEK. It weakens Cardano’s position in competitive markets and slows ecosystem-wide growth in four key areas: - ADA’s visibility and liquidity on global platforms - Cardano’s competitiveness in retail-driven market cycles - The discoverability of Cardano’s ecosystem by mainstream users - CNT adoption and the path for other tokens to reach similar success Cardano currently lacks a flagship token that drives liquidity, virality, and culture across exchange listings, just like DOGE, SHIBA, and PEPE do for Ethereum and Solana. SNEK has already shown it can fill this role; now it needs support to break through at scale.