Welcome to Intersect’s Development Update #71. This week, Cardano governance reaches a pivotal moment as 39 Treasury Withdrawal actions go live on-chain, moving the community one step closer to achieving fully decentralized and transparent funding. DReps and the interim Constitutional Committee are now voting, with ratification unlocking milestone-based smart contracts governed by Intersect’s administration framework.
Author: Igor Velickovic
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Vote Now: 39 Cardano Treasury Proposals Await DRep and CC Approval
After months of collaboration across the Cardano community, Intersect has submitted 39 on-chain treasury withdrawal governance actions. Each proposal represents a community-supported initiative that previously passed through a Budget Info Action submitted earlier this year. This step marks another milestone moment, where funds from the Cardano Treasury can be securely and transparently distributed, guided by community decisions and facilitated by smart contracts.
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Smart Contract Tooling: What’s available and who’s it for?
Smart contracts are a valuable innovation of Web3, providing programmable logic to transactions. Such logic is extremely valuable when building transparent and safe mechanisms for managing Cardano treasury funds.
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Intersect Development Update #70 – July 11
Welcome to Intersect’s Development Update #70. This week, Cardano takes another leap forward in building secure, scalable, and community-led treasury infrastructure. The Oversight Committee is now live, providing independent verification of governance actions to safeguard treasury operations. Intersect’s smart contract framework is finalized, paving the way to submit 39 Treasury Withdrawal governance actions on-chain!
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Automating Accountability: Cardano’s Smart Contract Framework
As Cardano’s Treasury grows, so too does the need for robust systems to manage and distribute funds in a secure, transparent, and auditable way. Intersect, in its role as Administrator, has developed a new smart contract framework designed to deliver exactly that.
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Intersect Development Update #69 – July 4
Welcome to Intersect’s Development Update #69. This week, final preparations are underway for Cardano’s first treasury withdrawals, with Intersect completing the last steps to confirm the configuration of the smart contract framework including 5 independent third-party entities providing oversight, publishing a swath of policies, smart contracts, and tools into production to support secure execution.
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Voting has concluded, and the preliminary results are in
The voting period for Cardano’s first elected Constitutional Committee (CC) concluded earlier this week, and the preliminary results are in (pending final audits). Over the past month, the community came together to hear from and select those who will serve as constitutional guardians of the Cardano Constitution.
With all seven seats on the Constitutional Committee being elected positions, Cardano is moving closer to completing the interim period of its governance transition, transferring oversight responsibility to those chosen directly by the ecosystem.
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Intersect Development Update #68 – June 27
Welcome to Intersect’s Development Update #68. This week, we move closer to submitting Treasury Withdrawal Actions, with smart contract safeguards now complete and new administration policies published to support transparency and accountability.
We also highlight the final days to vote in the Constitutional Committee election, continued progress on GovTool, updates from the Open Source Program, and a spotlight on our newest enterprise member, Bloxico. Plus, don’t miss the launch of the Intersect Enterprise Forum and news from our global community hubs.
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Treasury withdrawal security – verifying governance action authors.
As Cardano governance enters a new phase of on-chain action, Intersect is preparing to facilitate the submission of a significant number of treasury withdrawal proposals. These actions, made on behalf of community-approved initiatives, require a robust and transparent process to maintain trust, particularly as volumes increase and scrutiny intensifies.
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Intersect Development Update #67 – June 20
Welcome to Intersect’s Development Update #67. This week, we mark a significant milestone with the successful completion of the smart contract demonstration on the mainnet, laying the groundwork for upcoming Cardano treasury withdrawals. Alongside this, we’ve published our first iteration of administration policies to support transparency and delivery assurance, launched the second cohort of our Developer Advocate Program, and confirmed the first sessions of our relaunched Town Hall and AMA, as well as the Enterprise Forum series. Community hubs continue to drive education and engagement worldwide, with strong activity in Sri Lanka, Africa, and Japan.
