As Cardano enters a new era of decentralized governance, Intersect—the member-based organization supporting the ecosystem—has taken on the challenge of defining and managing the first official Cardano budget.
The process, though still evolving, includes public idea submissions on gov.tools, DRep sentiment checks, multi-day budget reconciliation workshops, and an on-chain Budget Info Action, followed by final treasury withdrawal votes requiring 67% DRep approval.
On May 12, 2025, Intersect reached a major milestone by submitting a 275M ADA Cardano Blockchain Ecosystem Budget, now live on-chain for community review and vote over the next 30 days.
Lido DRep Participation
Lido DRep has actively participated at every stage of the process, guided by a clear voting framework grounded in alignment with the 2025 Cardano Vision and support for proposals backed by strong, multi-stakeholder structures.
While the process remains challenging and at times chaotic, it marks an important step toward realizing Cardano’s vision of decentralized, community-led decision making.
History is being made - one vote at a time.
Read the full article here: lidonation.com