Governance Actions

Withdraw ₳5,885,000 for OSC Budget Proposal - Paid Open Source Model...

Treasury withdrawal: Pays ADA out of the Cardano treasury.

Status
Enacted: Approved and in effect.
Proposed
18 Jul 2025, in epoch 570
Amount
₳5,885,000
Action ID
gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqkqx0ecg

Votes

  • DReps: 70.8% yes, 67% needed, threshold reached, 159 Yes · 23 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 **OSC Budget Proposal - Paid Open Source Model for Sustainable Development** which will provide the following services:

The Open Source Committee in conjunction with the Open Source Office (OSO) seeks to enact a Paid Open Source Model for Sustainable Development in Cardano. A budget proposal of ₳5,885,000, designed to ensure the long-term sustainability of open-source development within the Cardano ecosystem. This initiative will be managed by the Open Source Committee (OSC) pending approval by the DReps, and seeks to address the critical funding gaps that hinder the maintenance, security, and growth of essential open-source projects.

This Treasury Withdrawal is submitted by Intersect on behalf of the Open Source Committee. 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info action by also providing the details of the proposed solution, alignment to the budget, and amount to be withdrawn from the Cardano Treasury.