🎉Good news! The Cardano community will soon take control of a treasury fund worth more than $681 million, the eighth largest in the crypto space, according to TapTools data. This fund, provided by transaction fees and block rewards, will be used to support the development of the ecosystem and ensure its sustainability. 🌱

The Cardano project's roadmap adopts a three-tier governance structure, including the Cardano Foundation, Input Output Global (IOG) (formerly IOHK), and EMURGO. These entities are responsible for overseeing development, research, and commercial activities, respectively. 👀

It is worth noting that this funding handover coincides with the upcoming Chang fork, a major upgrade that will transition Cardano to a fully decentralized blockchain ecosystem. It is reported that Cardano's Chang fork upgrade is expected to be completed in June. 🚀

Let us look forward to a new round of leaps in Cardano! 💪