Enacted Cardano Treasury Withdrawal Proposals

This Treasury Withdrawal funds Cardano PRIME, a 12-month community-overseen program to improve DeFi protocol readiness, responsibly activate incentives, and grow durable liquidity across Cardano markets. The withdrawal requests ₳120,000,000, with USD figures included only as planning references at the $0.16/ADA assumption. PRIME is executed by AlphaGrowth under Operating Group oversight. Intersect acts as Constitutional Administrator and manages the withdrawn funds directly. Program funds are released through milestone-gated and action-gated processes, including a Month 4 Phase 3 release gate, published recommendations and disbursement records, independent audit or assurance funding, a separate auditable account, abstain delegation while funds are held before disbursement, and return-to-treasury triggers for unused, unearned, or unreleased funds. This withdrawal is conditional on an applicable Net Change Limit having been agreed under TREASURY-01a and having enough remaining capacity to cover the withdrawal in full at enactment.

This Treasury Withdrawal funds Daedalus Wallet Maintenance and Improvements 2026–2027, delivered by Se7en Labs, Inc. Daedalus is Cardano's only full-node desktop wallet — it runs an embedded Cardano node and derives all wallet and governance data directly from the chain, with no third-party APIs or trusted backends. Because it participates in P2P networking and maintains its own local mempool, Daedalus transactions compete for block inclusion on equal footing with full-node participants, providing reliable submission even under high chain utilisation where lite wallets can fail for hours. Daedalus's security model is equally distinctive. Private keys are generated and stored on your own device and never transmitted to any external service. Because Daedalus is open-source under the Apache License 2.0, this is not a claim users must take on faith — anyone can audit the source code to verify that key handling works exactly as described. Se7en Labs actively works to ensure a positive user experience that balances the trade-offs inherent in running a full-node wallet. According to opt-in telemetry, Daedalus has approximately 4,000 monthly active users — though the true count is meaningfully higher, as privacy-conscious full-node users are the least likely to opt in. This is a time and materials engagement covering three areas: 1. **Protocol Maintenance** — Node upgrades, hard fork readiness (Leios, Peras, Nested Transactions), with a compatible release at least 2 weeks before every mainnet hard fork 2. **Ecosystem Expansion** — Keystone and Flex hardware wallet support, CIP-30 dApp connector, Japanese localisation 3. **User Support** — Responsive support for the Daedalus user base, with dedicated attention to the Japanese community and a commitment to keeping Daedalus fully translated for Japanese users IOG continues to support binary signing, ensuring cryptographic release authenticity as funding transitions to the treasury.

This Treasury Withdrawal funds Oura by TxPipe: Maintaining Cardano’s Event Pipeline. 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 MLabs Core Tool Maintenance & Enhancement: Plutarch and Ply. 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 Intersect: Governance coordination and technical stewardship for the Cardano ecosystem. This Treasury Withdrawal is submitted by Intersect. 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 Pallas by TxPipe: Maintaining Cardano's Core Rust Libraries, 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 Tx3 by TxPipe: Open API Layer for Cardano's dApp Protocols. 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 Intersect Technical Steering Committee Support. 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 UTxO RPC by TxPipe: Maintaining Cardano’s Integration Standard, 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 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.