On-chain governance action (Treasury Withdrawals).
This treasury withdrawal funds Complement Catalyst: Extended Quadratic Funding---Zero Operational Costs which will provide the following services:An innovative funding mechanism to complement Project Catalyst by addressing five critical challenges in blockchain ecosystem innovation funding: concentrated voter power, treasury fund limitations, inadequate impact reporting, uncertain ROI, and inefficient milestone management. The solution has zero operational costs---100% of funds go directly to Cardano projects. By combining quadratic funding with a reputation-based system, it will create a more democratic, transparent, and effective allocation process while maximizing treasury fund impact.This Treasury Withdrawal is submitted by Intersect on behalf of the vendor. The following sections; Abstract, Motivation, Rationale and Vendor Profile have been sourced from the approved proposal submitted by the Vendor as part of the Intersect budget process.This treasury withdrawal funds one of 3
- Proposer return address:
stake1uyvjdz9rxsfsmv44rtk75k2rqyqskrga96dgdfrqjvjjpwsefcjnp - Deposit: 100,000 ADA
- Submitted: epoch 570
- Expires: epoch 577