Skip to content

Cardano Approves 96M ADA Treasury Funding for Core Development

2025-08-04 10:52:18

Cardano Approves 96M ADA Treasury Funding for Core Development

Main Idea

The content appears to be promotional material for a cryptocurrency token called Floppapepe ($FPPE), described as an AI meme token with potential for high returns.

Key Points

1. Floppapepe ($FPPE) is marketed as an AI meme token with the slogan 'your ticket to the moon'.

2. The token is presented as an opportunity to 'escape the ordinary and reach for lunar gains'.

3. Potential investors are urged to 'secure your spot now before it's too late', implying limited availability or time-sensitive opportunity.

Description

Cardano core developer, Input Output Global (IOG) , has received approval to access 96 million ADA—equivalent to around $71 million—from the network’s treasury. The proposal aimed at delivering key upgrades to the blockchain over the next 12 months. It passed with 74% of the vote in favor, totaling 200 votes, while six opposed and seven abstained. The milestone-based funding plan will focus on enhancing scalability, developer tools, and cross-chain interoperability. IOG’s roadmap includes major ...

>> go to origin page

More Reading