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.
Category: Uncategorized
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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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Cardano community update: Clarification on Copper custody and recent delegation
As part of Intersect’s role in supporting constitutional governance and fostering transparency across the ecosystem, we’re sharing a recent learning that emerged through collaborative review.
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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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Intersect’s role as budget administrator – enabling accountable decentralization
Following the implementation of CIP1694 at the Chang Upgrade, Cardano has entered a new era of decentralized governance, accompanied by a new level of responsibility. At the heart of this shift is the Cardano treasury, a shared resource intended to fund community-driven development, innovation, and stewardship. But managing public funds at scale in a decentralized ecosystem presents a complex challenge: how do we ensure transparency, trust, and delivery without compromising openness?
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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.
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Smart Contract Mainnet Demo: Day Three Update
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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Smart Contract Mainnet Demo: day two update
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.
