Cardano Approves 96M ADA Treasury Funding for Core Development
Main Idea
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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 ...
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