Withdraw 11,787,063 ada for the OpenZeppelin Stack administered by Intersect
Treasury withdrawal: Pays ADA out of the Cardano treasury.
- Status
- Expired: Voting closed without the action reaching the support it needed.
- Proposed
- 8 Sept 2026, in epoch 654
- Amount
- ₳11,787,063
- Action ID
- gov_action1gxxltxr02p28a398p8c6t08xhpg82wkkv9xgwvuxkly48lhgf20sqlkl2l8
Votes
- DReps: 4% yes, 67% needed, threshold not reached, 16 Yes · 94 No · 17 Abstain.
- Stake pools: do not vote on this action.
- Constitutional Committee: 71.4% yes.
Abstract
This treasury withdrawal proposal requests funding for the design, implementation, security audit, and ecosystem adoption of a comprehensive open-source development stack for Cardano, delivered over an initial 12 months in quarterly milestones. The proposal bundles three tightly coupled workstreams into a single integrated engagement, led by the Reference Implementations and built around them:
* OpenZeppelin Reference Implementations for Cardano: three production-ready, end-to-end blueprints targeting strategic DeFi and institutional use cases: a Cardano Liquid Staking Protocol, a Self-Repaying Loans Protocol, and a Tokenized Money Market Fund. * OpenZeppelin Contracts Library for Cardano: a secure, audited, standardized contracts library tailored for Cardano's eUTXO model and Plutus environment, including Contracts Wizard integration, AI development tools, and documentation. * Security Retainer: dedicated security capacity covering line-by-line audits of the library and full-stack security reviews and penetration testing of every Reference Implementation.
OpenZeppelin also commits to a Developer Enablement and Co-Marketing program, included at no additional cost, to drive ecosystem and institutional adoption of the libraries and Reference Implementations.
This proposal requests a total treasury withdrawal of 11,787,063 ada. The full budget breakdown and disbursement mechanics are set out in the Rationale.