On-chain governance action (Treasury Withdrawals).
This Treasury Withdrawal funds Cardano PRIME, a 12-month community-overseen program to improve DeFi protocol readiness, responsibly activate incentives, and grow durable liquidity across Cardano markets. The withdrawal requests ₳120,000,000, with USD figures included only as planning references at the $0.16/ADA assumption.
PRIME is executed by AlphaGrowth under Operating Group oversight. Intersect acts as Constitutional Administrator and manages the withdrawn funds directly. Program funds are released through milestone-gated and action-gated processes, including a Month 4 Phase 3 release gate, published recommendations and disbursement records, independent audit or assurance funding, a separate auditable account, abstain delegation while funds are held before disbursement, and return-to-treasury triggers for unused, unearned, or unreleased funds.
This withdrawal is conditional on an applicable Net Change Limit having been agreed under TREASURY-01a and having enough remaining capacity to cover the withdrawal in full at enactment.
- Proposer return address:
stake1u8c9lgcnx2n47m9t2ccufra270d9vfp4updxmgndv4f7hyg8mykgg - Deposit: 100,000 ₳
- Submitted: epoch 642
- Expires: epoch 649