Governance Actions

Withdraw ₳11,070,323 for TWEAG's Proposals for multiple core budget project...

Treasury withdrawal: Pays ADA out of the Cardano treasury.

Status
Enacted: Approved and in effect.
Proposed
18 Jul 2025, in epoch 570
Amount
₳11,070,323
Action ID
gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqudh2k4c

Votes

  • DReps: 73.1% yes, 67% needed, threshold reached, 127 Yes · 34 No · 7 Abstain.
  • Stake pools: do not vote on this action.
  • Constitutional Committee: 85.7% yes.

Abstract

This treasury withdrawal funds **TWEAG's Proposals for multiple core budget projects for Cardano 2025** which will provide the following services:

A suite of core infrastructure projects aimed at advancing the technical foundations of the Cardano blockchain. These initiatives focus on novel, high-impact developments across key areas of the Cardano stack. In the months ahead, Tweag intends to collaborate closely with qualified suppliers, DReps, and Intersect to further shape the structure and scope of these engagements.

The proposals presented here represent Tweag's intended contribution to Cardano's continued evolution. We invite other ecosystem participants to submit complementary or competitive proposals, and we are open to exploring collaborative partnerships where aligned. Below is a list of the proposals:

1. Peras (partial)

2. Canonical Ledger State

3. Black box Ledger Conformance Testing

4. Conformance Testing of Consensus

5. Plutus Script Re-Executor

6. Genesis Sync Accelerator

7. Canonical Block and Transaction Diffusion Codecs

8. Hoarding Node

9. Block Cost Investigation

10. Cardano-node-emulator: Maintenance proposal

11. History Expiry

If implemented, this proposal will deliver transformative technical value to the Cardano ecosystem, accelerating development across critical areas of the network stack. The proposed initiatives---ranging from ledger conformance testing and Plutus re-execution tooling, to Genesis synchronization optimization, history expiry, and the development of a Cardano node emulator---are strategically aligned with Cardano's long-term goals of scalability, performance, and verifiability.

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 also providing the details of the proposed solution, alignment to the budget, and amount to be withdrawn from the Cardano Treasury.