DRepTalk
Sign in
Enter as DRepEnter as SPOEnter as CC memberEnter as proposerRegister as DRep
Governance ActionsDiscussionsDRepsTreasury
Sign in
More ways to sign in
Enter as SPOEnter as CC memberEnter as proposerRegister as DRep

Set a 300 million ADA Net Change Limit for Epochs 563–635

System1y ago1 post
Participation10
Reactions00
Last activity1y ago
System1y ago

On-chain governance action (Info Action).

The Cardano Constitution, at Article IV, Section 3, requires that before withdrawal of Treasury funds, the community must have established a Net Change Limit (NCL). This means passing a NCL in a formal on-chain governance info action. The NCL represents the maximum amount of ada which may be withdrawn from the Cardano Treasury in a given period. We believe that the NCL covering the period from the start of epoch 563 to the end of epoch 635 should be 300M ADA.

  • Proposer return address: stake1uy5mx9230r5c0a8tp69kpw6773ycm9spghazx9t8gnyfzgs8ymlec
  • Deposit: 100,000 ADA
  • Submitted: epoch 556
  • Expires: epoch 563

View in explorer