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Intersect - Budget Committee
Intersect - Budget Committee
  • ABOUT
    • Cardano Budget Committee (CBC)
    • Committee Members
      • Roles and Responsibilities
    • Working Groups
    • How to Join or Contact Us?
  • Budget proposals
  • Cardano Budget Submission Process
  • Committee Meeting Notes
    • 2025 meeting notes
      • Budget Task Force Catchup
        • March 28, 2025 Budget Task Force Catchup
      • Budget Committee Weekly Meetings
        • Mar 31, 2025 Budget Meeting
        • March 24, 2025 Budget Meeting
        • Mar 10, 2025 Budget Meeting Notes
        • Mar 3, 2025 Budget Meeting Notes
        • Feb 24, 2025 Budget Meeting Notes
        • Feb 17, 2025 Budget Meeting Notes
        • Feb 10, 2025, Budget Meeting notes
        • Feb 3, 2025, Budget Meeting notes
        • Jan 27, 2025 Budget Meeting notes
        • Jan 20, 2025 Budget Meeting Notes
        • Jan 13, 2025 Budget Comm minutes
        • Jan 6, 2025 Budget Comm minutes
  • Standards operational procedures
    • Budget Committee Charter
    • Code of Conduct
    • Terms of Reference
    • Arbitration Process
    • Escalation and Grievance Process
    • Community Engagement Plan
      • Budget survey responses
        • Anonymized data
  • Archive
    • 2024 Updates
      • August Monthly Updates
        • Weekly Catchup [26/08/2024]
      • September Monthly Updates
        • Weekly Catchup [23/09/2024]
        • Weekly Catchup [17/09/2024]
        • Weekly Catchup [10/09/2024]
        • Weekly Catchup [03/09/2024]
      • October Monthly Updates
        • Weekly Catchup [01/10/2024]
        • Weekly Catchup [07/10/2024]
        • Weekly Catchup [14/10/2024]
        • Weekly Catchup [21/10/2024]
        • Weekly Catchup [28/10/2024]
      • November Monthly Updates
        • November 4, 2024
        • November 18, 2024
      • December Monthly Updates
        • December 16, 2024
    • DRep Knowledge Journey
      • Stage 1: Introduction to the Budget Process
        • Budget Buckets
      • Stage 2: DRep Role in the Budget Process
      • Stage 3: Stages of the Budget Process
      • Stage 4: Voting and Decision-Making
    • 2025 Budget Process
      • 2025 Budget Process Timeline
      • 2025 Net Change Limit
    • 2025 Cardano Budget Proposal - A Cardano Blockchain Ecosystem Budget
      • Core Budget
        • Draft TSC Budget Pres v2 Spainish
        • Draft TSC Budget Pres v2 German
        • Draft TSC Budget Pres v2 Japanese
        • Draft TSC Budget Pres v2 English
      • Research Budget
      • Governance Support Budget
      • Innovation Budget
      • Growth and Marketing Budget
    • Public Presentations
      • Cardano Budget Process Open Calls
        • Cardano Budget Process AMA Session #2
          • Page 1
      • Budget Committee AMAs
        • CBC AMA Feb 6 25
        • CBC AMA Feb 4 25
        • CBC AMA Jan 30 25
        • CBC AMA Jan 14 25
        • CBC AMA Jan 8 25
        • Open Session #2
        • Open Session #3
        • Open Session #4
        • Open Session #5
        • Open Session #6
        • Open Session #7
        • Open Session #8
        • Open Session #9
        • Open Session #10
        • Open Session #11
        • Open Session #12
        • CBC AMA Nov 5 24
      • Budget Presentation at Cardano Summit 2024
        • Cardano Summit Stop/Start/Continue Exercise
      • Budget Presentation at Rare Evo 2024
    • Intersect's Contract Management process
    • A Comprehensive Annual Budget Process for Decentralized Governance
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  3. Budget Presentation at Cardano Summit 2024

Cardano Summit Stop/Start/Continue Exercise

Budget Presentation Retro

STOP

START

CONTINUE

Too much discussion on Discord, which is harder to keep up. Instead put ? on the portal.

Utilize treasury to seed USDA liquidity. There needs to be full buy-in from Cardano entities before 3rd party seed.

Catalyst

Nothing to stop. Everything seems to be good for now.

Establish internal audit process.

Communication

Tradeoffs between single and multiple actions need to be explained.

Utilize treasury to increase 1. new projects on Cardano and 2. porting non-Cardano web3 projects to Cardano.

Be transparent.

Utilize Catalyst to drive commercialization on Cardano (ie. Catalyst to drive ROI on Cardano)

Radical transparency.

Transparent communication with members. Perhaps more communication mechanisms.

Consulting Cardano community.

A centralized hub, a website, to see all the projects funded...who, why.

Put a framework and fund allocation so it is done. Including liasing with other committees.

Gathering data from our first budget in 2025.

Educate about the budget process.

Reach out to projects that could benefit the protocol with their work to be part of the budget.

Actively measuring chain activity.

A framework to spend budget in loan, subsidy, and grant system.

Feedback into the budget process.

Discussion and planning of active budget management. (eg. DCA into stables when price moves up to maybe don't need a treasury withdrawl in 2026 at all if we have a proper 2025 all time high)

Measuring the ecosystem of core partners/solutions to grow/sustain Cardano. Promote them so they survive.

Explain the budget process to the community in a transparent way.

Support committees in their financial planning.

Online sessions

The buckets allocation system.

Active management of treasury stable coins/ high yield (options outside crypto professional management )

Focusing on expanding hubs by allocating funds to organizing events for member onboarding.

Create principles for how all committees should manage their budgets. High-level principles. (eg. transparency, multiple proposals)

Developing the budget process.

Get more members' input.

Making short video updates.

Start considering all the observations suggesting to have more than one vote and one withdrawal for the budget.

Thinking about tactical budget allocations to capture emerging opportunities in crypto.

Making references to the constitution in the Intersect mandate and actions.

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Last updated 6 months ago