Cardano Community Approves $71.4M IOE Roadmap to Boost Scalability and Interoperability
Main Idea
The Cardano community has approved the IOE Roadmap proposal with 73.93% support, allocating 96.8 million ADA (approximately $71.4 million) to enhance scalability, developer tools, and cross-chain interoperability.
Key Points
1. The IOE Roadmap proposal allocates 96,817,080 ADA from Cardano's treasury for core protocol development.
2. The funding aims to improve scalability, developer experience, and cross-chain communication.
3. The proposal received 73.93% approval from the Cardano community, reflecting strong support.
4. Key allocations include 40,000,000 ADA for scalability upgrades, 30,000,000 ADA for developer tools, and 26,817,080 ADA for interoperability.
5. The roadmap is expected to attract new projects and users, strengthening Cardano's market position.
Description
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