What you need to know:
- Input Output has submitted nine Cardano Treasury proposals, totaling 38.9M dollars. This is nearly half of what the company asked for in 2026.
- Leios is scheduled to be released on the Cardano mainnet in 2026.
- Intersect’s governance platform allows DReps until May 24th, 2026 to vote on proposals.
Cardano Treasury ask for 2026 drops to 38.9 million dollars, nearly half of what it was last year.
This reduction was deliberate. The release was shared by Bitcoin.com NewsIO states that it will move towards a self sufficient model, and it intends to decrease its treasury requests each year till it can independently fund operations. The 2026 plan is designed to complete infrastructure that has already been started and to hand over stewardship to more community members.
Portfolio is anchored by two key priorities: decentralization, and scalability. IO evaluated over 25 initiatives before finalizing this portfolio. nine proposals Publication today
Leios is the largest bet, as it targets a 10 to 65-fold increase. Layer 1, an Overview Throughput is a priority, and the goal is to achieve 1,000 or more transactions per second. Leios will ship its testnet in 2026. Mainnet should be ready by the end of this year.
UTXO HD, a complementary Node Optimizing your home is a great way to stay organized. Cardano The Nodes Running on home hardware for as long as you want. IO describes both upgrades as being the last piece in a performance road map that has been developed over many years.
Then, Bitcoin IO backs Pogun in an end to end Bitcoin DeFi engine for Cardano. Pogun bundles yield infrastructure with a credit market that does not have a margin. Bitcoin bridge. The credit market of Bridge is expected to be launched on the mainnet by Q2 2026.
Another proposal is to optimize Plutus scripts, aiming at a 25% reduction of script preparation costs. The second layer ( L2High Assurance Consortium formal verification tooling, Blockfrost infrastructure scaled up for Leios bandwidth.
There are three protocol updates on the horizon: CIP 159 which adds support for native microfees; CPS 23 which enables a multi-asset native on-chain treasury and Babel Fees which allows users to pay transaction fees in stablecoins Holding without holding ADA.
IO delivers several proposals with the help of outside teams. VacuumLabs has been working on Plutus. Midgard Labs will handle Plutus. L2. Pragma, the Cardano Foundation and other organizations are involved in developer relations. Discussions are underway about a new Haskell-engineering dedicated entity.
Jeff Watson, the Head of Cardano Business Unit, at IO explained that these proposals are directly related to ecosystem development and that IO has the ability to deliver quickly.
“IO is perfectly placed to adapt quickly, increasing the utility and experience across the ecosystem, and we feel that these proposals relate directly to growth for the community,” Watson detailed.
IO released its reasons for not making the cut, along with what made it. This transparency was framed as an obligation of fiscal responsibility by the organization, since treasury money belongs to Cardano.
Intersect is Cardano’s membership-based governance entity. Voting by DReps or delegate representatives is allowed until May 24th, 2026. The funding is based on milestones. Charles Hoskinson This week, a new video addressing DReps is likely to be released.
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Source: news.bitcoin.com
