In a significant milestone for Cardano's governance, ADA holders have voted in favor of core protocol funding for the first time, granting 73.93% approval for Input Output Engineering’s extensive multi-year plan. This treasury withdrawal was officially confirmed on August 2, signaling what the development firm describes as “a new era of decentralized delivery” for the Cardano network.
The endorsement empowers Input Output Engineering to pursue its strategic initiatives, enhancing the overall functionality and sustainability of the Cardano ecosystem. This decision marks a pivotal shift towards greater community involvement in the project's governance and funding processes.
