DeFi Liquidity Budget council
DeFi Liquidity Budget council has asked Cardano's treasury for ₳1.3M in 2 withdrawals: ₳800K approved, ₳500K not approved.
Treasury withdrawals it asked for
- Cardano Defi Liquidity Budget - Withdrawal 1: ₳800K, paid out
Executive Summary For the last year, we have engaged the Cardano community to discuss deployment of treasury funds into the DeFi ecosystem to boost liquidity. Under the old constitution, we received broad support (more than 67%) for a budget info action to deploy 50,000,000 ADA into the ecosystem. While we acknowledge…
- Cardano DeFi Liquidity Budget - Withdrawal 1: ₳500K, not approved
As outline in the DeFi Liquidity Budget Info Action, this first withdrawal action requests 500,000 ADA from the Cardano Treasury to establish the legal framework and smart contract infrastructure required for the Stablecoin DeFi Liquidity Budget as approved by the Cardano Community. This withdrawal covers three…
Vendors are matched to withdrawals by the vendor each governance action names, or by a payout address only that vendor has used.