Review, discuss, vote
Nine proposals. Each one requesting treasury funding to deliver specific infrastructure and tooling for the Cardano ecosystem. None of them move forward without DRep approval.
This page explains how treasury proposals are evaluated and ratified, where you can review IO's proposals in detail, and how to make your vote count.
What IO is proposing
Input Output Group (IO) has submitted nine treasury proposals for the 2026 budget cycle.
The proposals span consensus scaling, smart contract improvements, developer tooling, platform upgrades, Layer 2 infrastructure, formal verification, fee innovation, and ongoing maintenance:
Have your say
Each proposal includes the opportunity it addresses, the initiative scope, who is building it, expected outcomes, and ecosystem impact.
What we aren’t proposing
IO has also published a transparency page explaining which initiatives were not included in this portfolio and why.
How treasury proposals are approved
Treasury withdrawals are on-chain governance actions governed by CIP-1694 and the Cardano Constitution. They follow the same ratification process as other governance actions, with a higher approval threshold.
You can change your vote any time before the action expires or is ratified.
If you hold delegated voting power but do not vote on a proposal, your stake effectively counts against it.
This cap ensures total withdrawals stay within sustainable parameters across a defined period.
Every proposal must align with the Cardano Constitution. IO's proposals have been designed with this requirement in mind. DReps can evaluate alignment using the Constitution and the 2030 Vision as reference frameworks.
Once ratified, proposals move to enactment. Where Intersect serves as administrator, funds are held in smart contracts that release payments against verified milestones, ensuring transparency and accountability throughout delivery.
The role of DReps
Delegated Representatives (DReps) are the primary decision-makers for treasury withdrawals. Your vote determines whether these proposals are funded.
The proposal pages on this site provide plain-language summaries of scope, budget, and expected outcomes, alongside links to the formal governance actions.
Does the initiative support the 2030 Vision? Is the budget proportionate to the scope? Are deliverables concrete and measurable?
Each proposal includes video introductions from the teams building the work, blog deep-dives, and technical documentation.
GovTool supports off-chain rationale alongside your on-chain vote. Explaining your reasoning strengthens transparency across the governance system.
DRep voting power is determined by the total ada delegated to you. Active participation matters: stake that is not voted is functionally a No.
How to participate
How you engage depends on your role in the ecosystem.
If you are a DRep
Each proposal page covers the opportunity, initiative scope, team, expected outcomes, and ecosystem impact. Start at proposals.
Once submitted on-chain, each proposal will be available in Cardano GovTool (gov.tools) and on the Intersect proposal pages. Links will be added to each proposal page on this site as they become available.
Each proposal includes a video from the people building the work. These are designed to give you a direct line of sight into who is behind each initiative.
The off-chain Ekklesia advisory vote (expected May 2026) gives you a structured opportunity to signal support before the formal on-chain vote.
Connect your wallet to GovTool, review each Treasury Withdrawal action, and cast your vote. GovTool supports off-chain rationale: use it.
If you are an ada holder
Your stake already counts. You just need to make sure it's working for you.
Use GovTool or a compatible wallet to find a DRep whose approach aligns with your values. Delegation takes a few minutes, costs nothing beyond a small transaction fee, and your ada never leaves your wallet.
Any ada holder can register through GovTool. It requires a refundable deposit of 500 ada. Once registered, you vote directly with your own stake plus any ada delegated to you.
Important: After the Plomin hard fork, staking rewards cannot be withdrawn unless you delegate your voting power to a DRep or a predefined voting option (Abstain or No Confidence). Delegation only needs to be done once.
If you want to join the conversation
DReps make better decisions when they hear from the broader community. There are several ways to contribute:
Discussion threads for each proposal will be linked on the Intersect governance forums and on the individual proposal pages on this site.
IO will host live sessions where proposal teams present their work and answer questions directly. Dates and links will be published here and on X (@IOGroup) as they are confirmed.
Challenge assumptions. Ask hard questions. The governance process works best when proposals are stress-tested before they reach the vote.
Take action
Review governance actions, delegate your voting power to a DRep, or register as a DRep and vote directly.
Access the full list of proposals submitted through the 2026 budget process, including IO's nine proposals.
Read each proposal in detail, watch team introductions, and access supporting materials.
The governing document that all treasury proposals must comply with. A useful reference for evaluating alignment.
The strategic framework that guides how proposals are evaluated against ecosystem-wide goals.