2/ Here’s what this partnership looks like in practice.
COB will set a global benchmark demonstrating how a national sporting body operates on a public blockchain.
The three-year roadmap covers four key areas:
• Identity and certification
• Fan engagement
• Equipment tracking
• Governance and transparency
We began with the first executive workshop last week, institutional pilots come next.
Real problems, solved in the open. And we’re just getting started.
Read the full announcement: https://t.co/FQm6XlWItx
Big news: we've partnered with the Brazilian Olympic Committee (@timebrasil) to transform Olympic sport with public blockchain, IoT, and AI.
The three-year roadmap aims to position COB as the global benchmark in sports innovation.
The best part? It's all powered by Cardano. ⚡️
A sincere thank you to every DRep who engaged with our proposals during this treasury round.
Six were approved, and we're grateful. But the proposals that didn't pass taught us just as much.
The feedback, the hard conversations, the pushback - we're taking all of it seriously. There's more work to do, and we know it.
This is how the process should work. We'll keep listening. 🙏
Treasury voting for IO’s 2026 proposals closed on Sunday evening.
Six proposals received approval:
• Consensus
• Cardano Upgrades
• Cardano Maintenance
• Plutus
• Cardano High Assurance
• Developer Experience
The Input Output Research proposal remains ongoing.
The teams behind Pogun, Blockfrost, and L2 Scalability are now absorbing community feedback and assessing the strongest way forward for each initiative as development continues.
Thank you to every DRep, SPO, builder, and community member who took the time to read proposals, join Spaces, ask difficult questions, challenge assumptions, and participate seriously in the process.
This was governance in the open. Sometimes messy, sometimes difficult, but real.
Cardano keeps moving forward because the ecosystem keeps showing up.
https://t.co/CKLJn1iF72
ICYMI: Every week, we bring together the latest from Input Output and the Cardano ecosystem – project updates, technical progress, and development reports straight from the teams building the protocol.
Sign up for IO’s newsletter to stay informed!
https://t.co/hYxzOPjmUl
In last week’s development report:
Thanks Jason, the intention here was to bring data on whats being voted as YES and how much, might even do the same for NO actually, this wasn't intended to be petty at all, more so bringing data to holders to make an informed decision, this data is currently extremely difficult to get without totalling all DReps manually etc. It doesn't relate to IOG or Charles, it's total prepared spend so far.
I've improved the wording and even added a ratified toggle on the right shortly after the initial release, to show the difference between prepared spend, and ratified spend, the data changes quite a lot when this is factored in. Taking on all feedback, so if you have any, happy to try get it added!
Clever. I like the platform. Arguing with Charles has really turned you into a true builder. :P I see what you did here and I dont mind. Petty as it is, its still a great tool. Thank you for showing folks I stand with IOG and Charles, regardless of personal disagreements in the past. Cardano is bigger than me or my ego. Congrats!
This morning I've created a new dashboard on DaveGov, the goal is to showcase Cardanos largest DRep spenders, the DReps that have voted Yes on the most ADA withdrawals so far each year, this is configurable by year, so you can see this data also historically.
You can see the leaderboard total YES votes in ADA, and the amount withdrawn from the treasury so far.
I won't post the top spenders in the screenshot below, but feel free to have a browse, this is purely for awareness. Voting Yes for most proposals keeps you popular, but doesn't enforce fiscal responsibility or prove that you understand what you are voting for.
This page auto-updates. Hope you like it, feedback completely welcome!
https://t.co/zMwbAhPXo7
Congratulations to IO for approving 6 out of 9 proposals!
Let's look at the numbers.
The approved budget for IO is ₳131,510,093. In dollar terms, at $0.25 per ADA, that's $32.8M.
From my perspective, all the important proposals have been approved:
▪️₳27,714,342: IO: Consensus Initiative:
▪️₳13,103,039: IO: Cardano Upgrades
▪️₳3,601,926: IO: DevEx
▪️₳62,134,630: Ensurable Systems
▪️₳13,078,578: High Assurance
▪️₳11,877,575: Enhancing Plutus
IO can keep most of the engineers. I heard that IO plans to resubmit the failed proposals. This may not be the final budget.
There are still active research (₳32.9M) and Pentad V2 (₳23M) proposals. These have a high chance of approval. In total, it is ~₳56M.
According to NCL, it is possible to approve an additional budget totaling ₳150.6M.
This is the budget that all active proposals are striving to obtain, whether on-chain or in the Intersect process.
These include the Tweag proposal, which will most likely be resubmitted with a 1-year budget. I guess that the team will ask for ₳20M.
A liquidity proposal (₳50M) is about to be submitted.
Most of the budget will be distributed in on-chain governance.
I guess that ₳30M to ₳100M will be distributed in the Intersect process, depending on when the liquidity proposal is submitted and if it is approved.
I expect the resubmitted Tweag proposal to be approved.
Assuming the liquidity proposal is approved, then in the Intersect process, there can only be approved a budget of about ₳30M to ₳50M.
Intersect is asking for ₳25.4M plus additional budget for committees. If DReps support Intersect, there will be almost nothing left for other proposals.
Assuming the liquidity proposal is not submitted on time or is not approved, there will be ₳50M more left for others.
It is almost certain that Catalyst will not return this year, because there is no budget for it. It would have to be provided by the Cardano Foundation. This is unlikely.
This year, small and new builders can only get funding through DAOs:
▪️Innovation & Growth DAO
▪️CB DAO
▪️Tooling DAO, etc
I expect there will be efforts to increase NCL. Many DReps are builders, or are close to them. It would have a chance of being approved, but I don't dare to predict the outcome.
We have a few exciting weeks ahead of us. Hold on to your hats. It's going to be a ride.
Cardano Governance Results | Epoch 633
🚨 THE VOTES ARE IN! 🚨
Today’s Governance outcomes represent more than just proposal approvals and rejections - they reflect the priorities, convictions, and direction the Cardano Community wants to see moving forward.
📍While some proposals did not meet the 67% ratification threshold this round, I hope today’s outcomes encourage continued discussion, refinement, and the thoughtful resubmission of rejected proposals where the community believes there is merit. Innovation and iteration are core to Cardano’s foundation.
Regardless of where each of us stood on individual proposals, this is Governance in action - and exactly why decentralized participation matters. Cardano is alive! 👀
📍On a personal note, over the last 48 hours, I’ve seen a 3,500% increase in $ADA delegated voting power. I’m genuinely humbled - thank you!!!
The trust this community has placed in me means more than I can adequately express. It reassures me that the time, effort, and passion I pour into Cardano and Midnight are seen - and that only motivates me to work even harder to contribute meaningfully to both ecosystems.
👉🏻 If you’re currently undelegated, feel underrepresented by your current DRep, or simply want to diversify your governance voice across multiple DReps, I would be truly honored to earn your support.
I will always remain transparent in my reasoning, clear in my actions, and fully committed to strengthening the Cardano ecosystem.
The future of Cardano will be shaped by those who show up.
And I’m here for the long haul. ⚡️💙
#ADA #Cardano #DRep
DRep voting for the 2026 Treasury proposals has now closed.
Thank you to everyone who took the time to review proposals, join discussions, challenge assumptions, ask questions, and engage throughout the process.
This is decentralized governance in action: open dialogue, transparent accountability, and collective decision-making at ecosystem scale.
Thank you to the Cardano community for showing up and participating.
🎉 Thank you, Cardano. The voting period has ended!
We’re thrilled to share that the Consensus initiative to finalize Leios development and bring it to mainnet passed with 88% support.
Thank you to every DRep who voted in favor. Your support keeps the momentum alive and brings us one big step closer to delivering this upgrade for Cardano.
To those who voted No: we genuinely appreciate your feedback and the rationales you shared. We take it seriously, we’re learning from it, and it will help us improve as we move forward. Your input is valued.
This is a meaningful win for the ecosystem. We’re excited and grateful to keep building and to bring Leios to mainnet.
See you all soon for the testnet launch, we are aiming for June 23th.
Thank you, Cardano community. Let’s keep building!
#Cardano #Leios #Governance #CardanoCommunity
Cardano ADA: The 1% Are HIDING This...
While everyday retail investors assume Cardano is dead, a hidden group of ultra-wealthy whales is quietly front running the market.
While retail traders capitulate over short-term price drawdowns, on chain metrics reveal that the top 1% of holders are aggressively cornering the liquid supply. The elite cohort is accumulating because they recognize a paradigm shift in institutional infrastructure that the broader public completely overlooks.
This deep dive investigation exposes the secret plumbing holding back large scale enterprise capital and the critical oracle latency upgrades turning the ledger into an institutional powerhouse.
We reveal how sub 100 millisecond data networks are disarming malicious arbitrage bots to secure synthetic assets and pave the way for real-world asset tokenization. Make sure to subscribe for more in depth crypto breakdowns as we track these hidden accumulation plays. #Cardano #ADA #CryptoNews
Why Not Stake To The Cheeky Crypto sTAKE Pool [CHEEK]
Stake Pool ID: pool1zj4h7kc6v53q9r8x3fwzfuayf2frwme8u5k86gu0uzeeuvqxgul
🗳️ DRep ID: drep1y2zu2ls2hqw9dycxl8s8z3d9nmw7s794xh3xn3jytkh30esalzwdv
After reflecting deeply on this governance process, a few things are clearer to me than ever.
Cardano is alive. The community is engaged. And that matters more than any single vote.
But this process has shown me something important: Cardano's governance is real. You are not passive holders. You are owners. That is exactly what we built this for.
It has also reminded me that when Cardano has needed it most, the Pentad delivered. IOG, EMURGO, the Cardano Foundation, Midnight Foundation, and Intersect have proven they can coordinate and bring critical integrations to life when the ecosystem needed it. That coordination layer matters now more than ever.
So let me show up the way I should.
I will be in Singapore for the Cardano Summit and I will be on stage. I am also personally committing to partially top up our Token2049 sponsorship to Title level. Being on that main stage is where Cardano and Midnight need to be heard.
To the Pentad, I am inviting all of you to sit down and have a real conversation about the future of governance and how we formalise this coordination going forward.
I am 100% focused on Cardano and Midnight. Always have been. Let me prove it. #strongertogether
Attention SPOs!!! We need you to update to 11.0.1. It has better performance, is hard fork ready and reduces chances of forks from larger blocks! Let's go folks! While there's still downstream tooling integrating, none of that affects block producers. Thanks all!!!
With 67 million ADA voting power, I have decided to vote NO on the treasury withdrawal: IO & Ensurable Systems: Cardano Maintenance Initiative
On behalf of my loyal delegates.
Rationale
With 67 million ADA voting power, I have decided to vote NO on the treasury withdrawal: IO & Ensurable Systems: Cardano Maintenance Initiative
On behalf of my loyal delegates.
I am officially changing my vote from YES to NO on the IO and Ensurable Systems: Cardano Maintenance Initiative, representing 66.94 million ADA on behalf of my loyal delegates. Initially, I intended to support this proposal to secure our operational foundation. However, upon deeper reflection, my faith in the current leadership to successfully execute a mandate of this magnitude has severely diminished. I cannot in good conscience deploy my delegates' voting power to endorse this request under its current conditions.
Professionalism is the bedrock of decentralised governance, and I am profoundly disappointed by the recent public conduct displayed by leadership. The Cardano brand represents a mature, enterprise grade ecosystem. When individuals approach the public Treasury for tens of millions of dollars, their behaviour must absolutely reflect that maturity. The recent conduct falls drastically short, causing undeniable brand damage and directly undermining my confidence in their ability to lead and execute effectively.
Furthermore, governance of a finite Treasury requires absolute financial accountability. Approving an opaque budget of over sixty two million ADA is fiscally irresponsible without a granular, line item breakdown. The community can no longer be expected to write blank cheques while being denied basic financial transparency, this ask is significant.
We must hold our infrastructure stewards to the highest possible standards. Technical capability does not excuse financial opacity, nor does it excuse unprofessional conduct that damages our ecosystem's reputation. Until these fundamental standards are met, my vote remains a firm NO, I appreciate the hard work done by all of the team at IOG, and would welcome a proposal with further transparency on specific spend.
Transaction
https://t.co/VqMy6I3wp1
Charles, when every critic becomes a villain, the pattern is not everyone else. The pattern is you.
You just listed Optim, Iagon, Cardano Whale, Dave, Rick, Adam and others like this is an "inventory." It is not an inventory. It is a list of people in this ecosystem who have questioned you, disagreed with you, did something you didn't like, challenged IOG, challenged a narrative or refused to act like Cardano governance exists only to ratify what you want.
And instead of reflecting on why so many serious people keep ending up on the other side of your megaphone, you reach for the same playbook every time
- Dismiss the substance.
- Attack the person.
- Recast yourself as the victim.
- Then tell everyone else to "grow up."
So let's take the Iagon part of your "inventory," since you brought us into it. You say Iagon "started bullying and harassing" Midnight ambassadors. That is a convenient story, but it is not what happened.
I as a dRep asked a governance question, NOT Iagon.
A dRep asked whether people with roles connected to Midnight or IOG linked interests, who also held meaningful dRep voting power, should abstain on IOG related treasury proposals. That is governance.
That is literally what dReps are supposed to do - ask hard questions, examine conflicts, protect treasury neutrality and represent the $ADA holders who delegated voting power to them. If a person is participating in governance with delegated $ADA while also holding a role connected to a project or organization affected by that vote, asking about conflicts is not an attack. It is accountability.
And let's be very clear - ambassadors are not above scrutiny. dReps are not above scrutiny. Iagon is not above scrutiny. IOG is not above scrutiny. Midnight is not above scrutiny. You are not above scrutiny.
This is supposed to be decentralized governance, not a court where certain people get protected status because they are useful to Charles Hoskinson.
The moment a person participates in public governance with public voting power, the public is allowed to ask public questions. You did not answer the conflict question. You reframed it as "bullying" - ironically this is exactly what you have been doing in this ecosystem.
Then you escalated it into an attack on Iagon, my leadership and the holders.
You used your platform to tell the market you had "no more time" for the project unless leadership changed. You warned that Iagon could fail and destroy value for token holders. You called into question the ethics and integrity my leadership. You accused us of acting out of spite rather than engaging with the actual governance concern.
And then, after the damage was done, you turned around and said people are "playing the victim." That is not leadership. That is deflection.
You cannot threaten a Cardano native project, watch real holders suffer, then accuse the people objecting to the threat of being childish.
You cannot say you care about token holders while dismissing "your token holders" when those holders happen to be in a project that challenged you.
There are no "Iagon holders" over there and "Cardano holders" over here. $IAG holders are $ADA holders.
They are stake pool operators.
They are voters.
They are dReps.
They are builders.
They are community members.
They are families.
They are the same ecosystem you claim to defend.
When you attack a Cardano project, you are not attacking some foreign body. You are attacking people inside Cardano. That is the part you keep avoiding.
You talk about ambassadors being bullied. Fine. I will say this clearly - I do not condone harassment of any ambassador, volunteer, dRep, builder, SPO or community member. Anyone who crosses into personal abuse should stop.
But do not use "protecting ambassadors" as a shield to make governance questions untouchable. Do not use volunteers as human armor around treasury proposals.
Do not say "decentralized governance" when the rule is really - vote,but do not question my side - ask question but not about my people - participate but only if you accept the consequences of my platform turning on you.
That is not governance.
That is intimidation. And since we are talking about red lines, where were those red lines when Iagon was being called a scam? Where were those red lines when IOG aligned voices and consultants were smearing Iagon publicly?
Where were those red lines when defamatory claims, racial slurs and personal attacks were being thrown at builders who have spent years building on Cardano?
Where was the concern for "bullying" then?
The standard cannot be:
When your side attacks, it is criticism.
When others ask questions, it is harassment.
When you escalate, it is leadership.
When people respond, they are victims.
When you use a 1M+ follower account, it is accountability.
When a dRep asks about conflicts, it is a mob.
That double standard is exactly why people are speaking up. You say people "lash out, get hit hard and then play the victim."
No.
People ask legitimate questions. You hit hard. Then you call their injuries proof that they were wrong to ask. That is the pattern.
A dRep raises a conflict of interest concern. You call it bullying. A project CEO disagrees with IOG proposals.
You call it spite. A community member challenges your narrative. You diagnose them, mock them, block them or write them off. Then, when people notice the pattern, you call them children.
Charles, the lack of self-reflection here is breathtaking.
At some point, when the same story keeps happening with different people, different projects, different dReps, different critics,and different cycles, maybe the common denominator is not that everyone else is irrational.
Maybe the common denominator is that you treat disagreement as disloyalty.
Maybe the common denominator is that you confuse criticism with attack.
Maybe the common denominator is that you cannot separate Cardano from yourself. That is dangerous in a decentralized ecosystem. Because Cardano does not belong to you.
It does not belong to IOG.
It does not belong to Iagon.
It does not belong to Midnight.
It does not belong to any ambassador group, any DRep bloc, any founder, any company or any whale.
It belongs to the $ADA holders and the people building, maintaining, securing, voting, delegating, questioning and participating in it.
And if those people cannot ask whether conflicts exist without being threatened, mocked, financially harmed or publicly targeted, then governance is not free.
You said "grow up kids." Here is the adult version:
Answer the question. Should dReps with roles, incentives, payments, affiliations or obligations connected to an organization seeking treasury funds disclose those overlaps and consider abstaining?
Yes or no?
That was the issue.
Not your ego.
Not my tone.
Not Iagon’s existence.
Not whether Midnight ambassadors are good people.
Not whether Charles feels attacked.
Not whether people should be afraid to ask next time.
The question was about conflict, disclosure and treasury integrity. If there is no conflict, explain why.
If there is a conflict, disclose it. If abstention is not necessary, make the case. If the Constitution already provides the standard, apply it equally. But do not turn a governance question into a loyalty test.
Do not demand apologies for asking what every serious governance system must be willing to ask.
Do not pretend you are defending decentralization while using centralized influence to punish dissent.
And do not tell people to "grow up" while threatening to burn projects down.
The Cardano community should be able to disagree without fear. dReps should be able to vote NO without being branded enemies. Builders should be able to compete without being targeted. Token holders should not become collateral damage in personality conflicts.
Ambassadors should be respected, yes. But they should not be used to make legitimate governance scrutiny off limits.
So yes, let's take inventory.
Who asked a governance question?
Who answered with escalation?
Who raised a possible conflict?
Who turned it into a campaign against a project?
Who claims to care about token holders?
Who publicly attacked leadership of a project whose holders are also Cardano community members?
Who says others play the victim?
Who keeps casting himself as the victim whenever accountability arrives?
That is the pattern people are seeing. And no amount of "grow up kids" changes it.
Iagon will continue building. I will continue voting my conscience as a dRep. I will continue asking questions when treasury neutrality, conflicts of interest and governance integrity are at stake.
If I am wrong, answer with facts. If you disagree, make the argument. But threats, mockery, blocks and public intimidation are not arguments. They are the behavior of someone who wants decentralized governance only until it decentralizes power away from him.
Cardano deserves better than that.
If you're a Cardano holder, please repost this immediately.
We've come to an absolute defining moment for ADA.
In the next 48 hours, the proposals that fund Cardano development are being decided.
While the #2 chain in crypto loses their builders or researchers, Cardano can keep theirs, at one of the most critical times of the altcoin cycle.
Cardano has come this far. It can not stop here.
DReps, think about the impact here.
Holders, make your voice heard.