Governance Actions

Decrease Treasury Tax from 20% to 10%

Protocol parameter change: Changes settings such as fees, block size or governance deposits.

Status
Expired: Voting closed without the action reaching the support it needed.
Proposed
13 Feb 2025, in epoch 539
Action ID
gov_action1js2s9v92zpxg2rge0y3jt9zy626he2m67x9kx9phw4r942kvsn6sqfym0d7

Votes

  • DReps: 23.2% yes, 67% needed, threshold not reached, 140 Yes · 223 No · 11 Abstain.
  • Stake pools: do not vote on this action.
  • Constitutional Committee: 28.6% yes.

Abstract

This governance proposal seeks to reduce the treasury cut from 20% to 10% to enhance staking incentives, improve decentralization, and align economic sustainability with the Cardano ecosystem's long term growth. The adjustment aims to optimize staking rewards without compromising the financial health of the treasury, ensuring a balanced economic model that incentivizes participation and network security.