2025 Budget Process

Cardano Budget Process 2025

Overview

Welcome to the official portal for Cardano's 2025 budgeting process. This platform represents a historic milestone as Cardano implements its first annual budget through on-chain governance. The process is facilitated by Intersect, a member-based organization advancing Cardano's development, with final decisions made by the community through on-chain voting.

Core Principles

Our budget process adheres to the following foundational principles:

• Constitution Alignment: Adherence to the interim constitution and Cardano's on-chain governance system

• Community Interest: Acting in the interests of both Intersect members and the wider Cardano Ecosystem

• Facilitation Not Dictation: Coordinating without controlling outcomes

• Open Access: Avoiding gatekeeping of participation, funds, or processes

• Transparency: Maintaining open documentation and communication throughout

Treasury Overview

• Current Treasury Value: 1.58 billion ADA

• Expected 2025 Generation: ~₳350 million (based on current volumes and monetary policy)

• Scope: Core infrastructure, research and development, community grants, marketing, and ecosystem development

Process Timeline

Current Phase: Consultation (November-December 2024)

• Community input gathering through surveys and forums

• Committee proposal development

• Data collection and analysis of ecosystem priorities

• Open AMA sessions with the Budget Committee

Budget Definition (Q1 2025)

• Final proposal compilation

• Community review period

• Preparation for on-chain submission

On-Chain Governance Process

1. Treasury Net-Change Limit

   • Info action submission for DRep voting

   • Establishes withdrawal limits

2. Budget Proposal Vote

   • Info action submission

   • ICC and DRep voting (requires 51%+ DRep active stake approval)

   • Must align with established net-change limit

3. Treasury Withdrawal Actions

   • Final ICC and DRep voting on specific withdrawals

   • Implementation of approved allocations

Committee Structure

The budget process for 2025 is coordinated through Intersect's core committees:

• Product Committee

• Technical Steering Committee

• Open Source Committee

• Membership & Community Committee

• Civics Committee

• Budget Committee

How to Participate

Current Opportunities

1. Complete the Community Survey

   • Open through November 28, 2024

   • Take the Survey →

2. Attend AMA Sessions

   • Regular open sessions with the Budget Committee

   • View Schedule & RSVP →

3. Engage with Committees

   • Connect with recently elected committee members

   • Join committee-specific sessions