Author: Igor Velickovic

The last update on our mainnet smart contract demonstration. As introduced on Monday in a brief blog post, followed up yesterday with additional details here, we detail the final phases of this demonstration today.  

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As promised, an update from our mainnet smart contract demonstration. As introduced yesterday in a brief blog post, today we delve into the details of what is happening. 

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Following our recent introduction to Smart Contracts and Cardano budgeting, we’re entering a crucial new phase: live demonstration on the Cardano mainnet. This is the final proving ground before smart contracts are included in upcoming treasury withdrawal actions.

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Are you a passionate developer looking to make a significant impact within the Cardano ecosystem? Do you thrive on fostering community, sharing knowledge, and driving innovation? Intersect’s Open Source Office (OSO) is excited to announce the launch of applications for its second Cohort of Developer Advocates!

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Welcome to Intersect’s Development Update #66. This week, the Budget Info Action closes with explicit approval across all governance thresholds, unlocking the path to Treasury Withdrawals. We also kick off the first-ever Constitutional Committee election, celebrate new leadership in the Civics Committee, and share updates on GovTool, open source, and community hubs around the world. Stay tuned for the next steps in the Treasury Withdrawal process, coming soon.

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Welcome to Intersect’s Development Update #65. This week marks the final opportunity to vote on Intersect’s ₳275 million Budget Info Action, with just 6.5% separating DReps from quorum. SPOs are aligned, community sentiment is clear, and over 2 billion ada is still waiting to be counted. We urge all members to contact their DReps and make this vote count. 

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Welcome to Intersect’s Development Update #64. This week, we highlight the ₳275M Budget Info Action vote now live on Ekklesia, Intersect’s clarified role as Administrator in Cardano’s funding process, and the final days to register for the Constitutional Committee election. We also share updates on GovTool’s revised proposal, spotlight new enterprise members, and bring you the latest from our global community hubs.

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Intersect isn’t a traditional institution. It’s a growing, open, member-led organization made up of the same dedicated individuals who drive Cardano forward every day: builders, SPOs, developers, dApp teams, researchers, governance thinkers, and more.

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This week’s report dives into the evolving structure and a new approach to phased treasury withdrawals, including upcoming Ekklesia polling. We also unpack Intersect’s role in the Cardano ecosystem funding process. Constitutional Committee candidate registration remains open through May 31. Across the ecosystem, community hubs remain active, the open source team shares April’s development metrics, and GovTool development continues despite budget uncertainty.

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This blog is aligned with Intersect’s public presentation on its role as administrator and incorporates information from the 2025 Treasury working group, legal guidance, and oversight committee planning. It draws on the precedent set throughout 2024 and reflects the evolving practices now used to operationalize Intersect’s role as an Administrator supporting Cardano’s on-chain funding process.

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