Detailed timeline for the upcoming Cardano budget process
Budget Process Presentation - DUBAI
Details on the 2025 Cardano Budget + FAQ
FAQ
What are the key budget categories (buckets) for 2025?
Categories include core development, governance support, outreach/education, research, and community grants. Each has specific mandates to support Cardano's development and decentralization goals.
How are budget allocations managed?
Committees submit budget requests, which are reviewed, then funds are disbursed monthly. A designated budget committee oversees the financial audits, and funds are held in ADA but converted as needed.
How are financial audits conducted?
Audits are handled by external audit firms selected through a transparent RFP process to avoid conflicts of interest.
Will the ADA withdrawn from the treasury be staked?
Depending on the outcome of the discussions with DReps, ADA may be staked to support decentralization, using multiple community-selected stake pools.
Is there a provision for emerging opportunities within the budget?
Yes, some flexibility is built into the budget for new developments, especially if they align with Cardano’s strategic goals.
How are tax and regulatory issues managed?
The committee works with legal and tax experts to ensure compliance across jurisdictions, leveraging the Cayman Islands for minimal tax impact.
How is transparency maintained?
Quarterly financial reviews are conducted with the Constitutional Committee (CC) and DReps to ensure alignment with community interests.
