Midgard Labs

Midgard Labs has asked Cardano's treasury for ₳12.7M in 3 withdrawals: ₳2.29M approved, ₳10.4M not approved. 2 funded projects are paid payment by payment.

Funded projects

Treasury withdrawals it asked for

IO & Midgard Labs: L2 Scalability Initiative: ₳10.4M, not approved; a joint request with Input Output
Proposal as pdf: https://ipnso-com.ipns.dweb.link/?cid=QmYfHrmfTKYGK9YR95ewXSwEruEfGPAtpnp1qwoEUekJa7 Cardano's current L1 infrastructure — two-hour finality, \~$0.17 per transaction, and \~7–10 TPS, systematically disqualifies it from high-performance verticals such as DeFi, AI agent micropayments, gaming, and…
Withdraw ₳2,162,096 for Midgard - Optimistic Rollups administered by Intersect: ₳2.16M, paid out
This treasury withdrawal funds Midgard - Optimistic Rollups which will provide the following services: Midgard, which is a modular framework for deploying optimistic rollup Layer 2s on the Cardano blockchain, designed to enhance transaction throughput, reduce costs, and enable advanced decentralized applications. This…
Withdraw ₳130,903 for Lucid Evolution Maintenance administered by Intersect: ₳131K, paid out
This treasury withdrawal funds Lucid Evolution Maintenance which will provide the following services: Lucid Evolution is an open-source library designed to simplify and enhance the development of off-chain smart contract interactions on Cardano. As the official maintainer of Lucid, Anastasia Labs is committed to…

Vendors are matched to withdrawals by the vendor each governance action names, or by a payout address only that vendor has used.