A proposal published by Intersect on October 28 would assign Intersect, PRAGMA and the Cardano Foundation stewardship roles across six spending domains in Cardano’s 2027 budget. These institutions could develop strategies, recommend budget caps and assess funding applications while also submitting their own proposals, subject to disclosure requirements and safeguards. Delegated representatives would retain final approval over plans, allocations and every treasury withdrawal, while an Open Contributions mechanism would allow independent applicants to approach them directly. The framework would operate as a 2027 trial only if delegated representatives approve it, following a tentative concept submission on November 10, with key details still unspecified, including domain caps, Open Contributions funding and conflict procedures.
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