Cardano holders have the opportunity to govern a massive treasury holding 1.53 billion ADA, equivalent to $526,528,512 now the Chang Hard Fork governance foundations are in place. This treasury will be key to ensuring the long-term sustainability and growth of the Cardano ecosystem.
We have a chance to reflect on successes and areas for improvement. What went well? What can we collectively improve on? Can we ensure sustainability and opportunity for treasury replenishment with this being a priority in the initial stages. A replenished treasury has the potential to unlock further innovation, even if the innovation itself does not directly contribute to immediate replenishment. However, before we see a flood of proposals for mass spending using buzz words, it’s important to remain focused on value. I firmly believe that every outgoing treasury spend should be evaluated through the lens of value in versus value out. This ensures that we don’t commit large resources to problems or projects that ultimately don’t deliver meaningful value back to the ecosystem.$ADA