The Cardano Foundation published its voting decisions within the framework of the Intersect 2026 budget process, which received a total of 69 proposals requesting 331,569,537 ADA distributed across five strategic pillars of the Cardano 2030 vision. The organization evaluated each proposal according to three main criteria: ecosystem growth, budgetary viability, and alignment with long-term strategy.
Approximately 20 Foundation experts participated in the review, also considering factors such as open-source commitments, prior funding, and delivery track record. The final outcome reflected a notably selective stance: 27 proposals received an affirmative vote, equivalent to 111,424,355 ADA, representing 33.61% of the total amount requested. Another 28 proposals were rejected, accounting for 47.45% of the total amount, while 13 received an abstention and one remains under deliberation.
The Foundation published the individual rationale behind each vote with the aim of ensuring transparency in the results. The voting period will remain open until June 12, 2026 at 12:00 UTC, and all DReps may participate through the Hydra Voting Tool.
Source:Â https://cardanofoundation.org/blog/voting-decisions-2026-intersect-budget-process
Disclaimer:Â Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.
