Source: ETHNews
Original Title: Cardano Proposes New Critical Integrations Budget to Accelerate Network Growth
Original Link: https://www.ethnews.com/cardano-proposes-new-critical-integrations-budget-to-accelerate-network-growth/
Cardano has taken a major step toward scaling real economic activity on its network, as the Cardano Foundation, Input Output Global, EMURGO, Intersect MBO, and Midnight jointly submitted a governance action for a Critical Integrations Budget.
The proposal arrives at a pivotal moment for the ecosystem, introducing a coordinated plan to fund essential infrastructure that Cardano needs to compete at a global level.
If approved by DReps and confirmed by the Constitutional Committee, the budget would unlock support for crucial integrations across the chain. These include tier-one stablecoins, institutional-grade custody solutions, advanced on-chain analytics, cross-chain bridge infrastructure, and globally recognized pricing oracles.
Each component represents a strategic gap identified by the ecosystem’s core organizations, aiming to improve liquidity, accessibility, and interoperability for users and developers.
The Cardano Foundation emphasized that the initiative is designed to strengthen the network’s long-term economic foundation. By coordinating efforts across leading ecosystem entities, the proposal aims to streamline how Cardano connects to broader markets and financial infrastructure, an essential step for real-world adoption.
The governance action now moves to community review. All DReps are encouraged to examine the proposal carefully before casting their votes. A designated Steering Committee will address the most common questions next week, providing additional clarity as the decision window approaches.
This marks one of Cardano’s most collaborative governance efforts to date, signaling a unified push to accelerate ecosystem maturity through targeted, high-impact integrations.
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ApeWithAPlan
· 11-30 22:03
Cardano is messing with the budget again. Can we first get the ecosystem in order before talking about expansion...
View OriginalReply0
WalletsWatcher
· 11-29 18:17
The budget is here again, Cardano will get a boost, and real implementation is the key.
View OriginalReply0
ImaginaryWhale
· 11-28 17:41
There's a new budget again. Will it really be implemented this time? The promises from last time are still just hot air.
View OriginalReply0
NotFinancialAdviser
· 11-28 17:39
Is Cardano making promises again? It's already 2024, we need to see real progress!
Cardano Proposes New Critical Integrations Budget to Accelerate Network Growth
Source: ETHNews Original Title: Cardano Proposes New Critical Integrations Budget to Accelerate Network Growth Original Link: https://www.ethnews.com/cardano-proposes-new-critical-integrations-budget-to-accelerate-network-growth/ Cardano has taken a major step toward scaling real economic activity on its network, as the Cardano Foundation, Input Output Global, EMURGO, Intersect MBO, and Midnight jointly submitted a governance action for a Critical Integrations Budget.
The proposal arrives at a pivotal moment for the ecosystem, introducing a coordinated plan to fund essential infrastructure that Cardano needs to compete at a global level.
If approved by DReps and confirmed by the Constitutional Committee, the budget would unlock support for crucial integrations across the chain. These include tier-one stablecoins, institutional-grade custody solutions, advanced on-chain analytics, cross-chain bridge infrastructure, and globally recognized pricing oracles.
Each component represents a strategic gap identified by the ecosystem’s core organizations, aiming to improve liquidity, accessibility, and interoperability for users and developers.
The Cardano Foundation emphasized that the initiative is designed to strengthen the network’s long-term economic foundation. By coordinating efforts across leading ecosystem entities, the proposal aims to streamline how Cardano connects to broader markets and financial infrastructure, an essential step for real-world adoption.
The governance action now moves to community review. All DReps are encouraged to examine the proposal carefully before casting their votes. A designated Steering Committee will address the most common questions next week, providing additional clarity as the decision window approaches.
This marks one of Cardano’s most collaborative governance efforts to date, signaling a unified push to accelerate ecosystem maturity through targeted, high-impact integrations.