Governance Actions

Tweag Core Cardano Infrastructure: Treasury Withdrawal 2026–2027

Treasury withdrawal: Pays ADA out of the Cardano treasury.

Status
Enacted: Approved and in effect.
Proposed
3 Jun 2026, in epoch 634
Amount
₳18,263,496
Action ID
gov_action1zljrlljt9cxlz7ra2nep43nxg0r54wcnrgexyuhuam9ah0ws607qq2vcg4x

Votes

  • DReps: 72.6% yes, 67% needed, threshold reached, 117 Yes · 20 No · 9 Abstain.
  • Stake pools: do not vote on this action.
  • Constitutional Committee: 71.4% yes.

Projects it pays for

Abstract

This treasury withdrawal requests **₳18,263,496.00** (USD $4,565,874.00) to fund Tweag by Modus Create's delivery of 3 work packages across core infrastructure areas for the Cardano ecosystem over 2026–2027.

The primary focus is the **mainnet deployment of Peras** (faster finality: ~2 min vs. ~12 min today), alongside improvements to resilience, scalability, developer tooling, and network observability. Work packages include:

- **Peras v1** – production cryptography, KillSwitch, mainnet readiness and further support and maintenance - **History Expiry** – partial-history nodes to reduce SPO storage costs - **Conformance Testing** – CTC framework extended for Peras and Leios

Intersect is requested to serve as proposal and contract administrator. All deliverables are open-source and publicly tracked.