Cardano governance hits a wall as treasury reaches 91% cap
Thirty enacted withdrawals have used 457.4 million ADA of the 500 million allowance, which incoming funds and refunds do not replenish. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
AI summary
Cardano's treasury withdrawal system has hit a governance wall after 30 enacted withdrawals consumed 457.4 million ADA of the 500 million ADA allowance, leaving only about 42.6 million ADA available. Incoming funds and refunds do not replenish the cap, so the network's ability to fund new proposals is now severely constrained. For ADA holders, this raises concerns about stalled ecosystem development and could weigh on sentiment until governance rules are changed.
