Governance Actions

Withdraw ₳300,000 for Ledger App Rewrite administered by Intersect

Treasury withdrawal: Pays ADA out of the Cardano treasury.

Status
Enacted: Approved and in effect.
Proposed
18 Jul 2025, in epoch 570
Amount
₳300,000
Action ID
gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqj0vdlhj

Votes

  • DReps: 73% yes, 67% needed, threshold reached, 162 Yes · 19 No · 5 Abstain.
  • Stake pools: do not vote on this action.
  • Constitutional Committee: 85.7% yes.

Projects it pays for

Abstract

This treasury withdrawal funds **Ledger App Rewrite** which will provide the following services:

Vacuum Labs will work with Ledger team to design new UI according to the expectations. Implement new UI into the Cardano Ledger App. Pass the external audit process (costs for this shall be included in proposal). Support the Ledger team by the release process.

This Treasury Withdrawal is submitted by Intersect on behalf of the vendor. The following sections; Abstract, Motivation, Rationale and Vendor Profile have been sourced from the approved proposal submitted by the Vendor as part of the Intersect budget process.

This treasury withdrawal funds one of 39 proposals to give effect to the approved budget info action for ₳275,269,340, administered by Intersect via gov_action1u9x73kwufaxa70lfy59g4ynwyrcsaxdcd0gxzzmh67s9fxq4j8hqqk2phgh. The information provided herein is intended to fulfill the spirit of the constitutional requirement for a treasury withdrawal info action by providing the details of the proposed solution, alignment to the budget, and amount to be withdrawn from the Cardano Treasury.