Cardano Treasury

IO: Hydra

IO: Hydra: ₳1.14M paid of ₳4.95M from Cardano's treasury, through Intersect Treasury Contracts 2, in 6 payments. The next payment unlocks 30 Nov 2026.

Approved by IO: Hydra.

About the project

Hydra is the only production-grade Layer 2 on Cardano, already running live workloads for Delta DeFi, Masumi, Intersect, Vtechcom and others. This proposal funds four workstreams - performance optimization, operational excellence, ecosystem support, and developer experience - delivering a feature-complete and hardened Hydra v2 so we offer a competitive scaling solution to existing builders and new builders adopt Cardano.

Payments

  1. m-0: M1.1: Project Kickoff — ₳1.14M, Paid 7 Sept 2026
  2. m-1: M1.2: Hydra Performance Optimization — ₳891K, Scheduled, unlocks 30 Nov 2026
  3. m-2: M1.3: Hydra Operational Excellence — ₳891K, Scheduled, unlocks 30 Jan 2027
  4. m-3: M1.4: Hydra Ecosystem Support — ₳767K, Scheduled, unlocks 30 Nov 2026
  5. m-4: M1.5: Hydra Maintenance & DevX — ₳767K, Scheduled, unlocks 30 Jan 2027
  6. m-5: M1.6: KPI & Proposal Outcome Achievement — ₳495K, Scheduled, unlocks 28 Feb 2027