Governance Actions

Set a 300 million ADA Net Change Limit for Epochs 563–635

Info action: A poll. It records opinion on chain and changes nothing.

Status

Expired: Voting closed without the action reaching the support it needed.

Proposed

7 May 2025, in epoch 556

Action ID

gov_action1vdlrcftd48qn2zz8egepr6xyfcmxpfz8r69k769gc5mhg662adesq9yy8pl

Votes

• DReps: 37.3% yes, 109 Yes · 87 No · 19 Abstain.
• Stake pools: 0.7% yes, 10 Yes · 11 No · 2 Abstain.
• Constitutional Committee: 100% yes.

Abstract

The Cardano Constitution, at Article IV, Section 3, requires that before withdrawal of Treasury funds, the community must have established a Net Change Limit (NCL). This means passing a NCL in a formal on-chain governance info action. The NCL represents the maximum amount of ada which may be withdrawn from the Cardano Treasury in a given period. We believe that the NCL covering the period from the start of epoch 563 to the end of epoch 635 should be 300M ADA.