{ "@context": { "@language": "en-us", "CIP100": "https://github.com/cardano-foundation/CIPs/blob/master/CIP-0100/README.md#", "CIP136": "https://github.com/cardano-foundation/CIPs/blob/master/CIP-0136/README.md#", "hashAlgorithm": "CIP100:hashAlgorithm", "body": { "@id": "CIP136:body", "@context": { "references": { "@id": "CIP100:references", "@container": "@set", "@context": { "GovernanceMetadata": "CIP100:GovernanceMetadataReference", "Other": "CIP100:OtherReference", "label": "CIP100:reference-label", "uri": "CIP100:reference-uri", "RelevantArticles": "CIP136:RelevantArticles" } }, "summary": "CIP136:summary", "rationaleStatement": "CIP136:rationaleStatement", "precedentDiscussion": "CIP136:precedentDiscussion", "counterargumentDiscussion": "CIP136:counterargumentDiscussion", "conclusion": "CIP136:conclusion", "internalVote": { "@id": "CIP136:internalVote", "@container": "@set", "@context": { "constitutional": "CIP136:constitutional", "unconstitutional": "CIP136:unconstitutional", "abstain": "CIP136:abstain", "didNotVote": "CIP136:didNotVote", "againstVote": "CIP136:againstVote" } } } }, "authors": { "@id": "CIP100:authors", "@container": "@set", "@context": { "did": "@id", "name": "http://xmlns.com/foaf/0.1/name", "witness": { "@id": "CIP100:witness", "@context": { "witnessAlgorithm": "CIP100:witnessAlgorithm", "publicKey": "CIP100:publicKey", "signature": "CIP100:signature" } } } } }, "hashAlgorithm": "blake2b-256", "body": { "govActionId": "gov_action19uhuy5uame2s60yrh6n8cyds8ps5q7tkh05dqlzmpcfy429p9w4qq5ll3g0", "summary": "Tingvard judges this governance action constitutional.", "rationaleStatement": "This governance action is a treasury withdrawal under the Cardano Constitution and must therefore satisfy the requirements of Article II, § 6 and Article II, § 7, in addition to the applicable Treasury Guardrails in Appendix I.\nUnder Article II, § 6, governance actions must be presented in a standardized, legible format, include a title and abstract, and reference supporting materials in a manner that ensures clarity and immutability. This proposal includes a clear title, abstract, motivation, and detailed rationale. Supporting documents are referenced using content-addressed ipfs:// URIs, satisfying the constitutional expectation that referenced off-chain materials be immutable and verifiable. The submission is therefore compliant with Article II, § 6.\nArticle II, § 7.1 requires treasury withdrawals to specify:\n(a) a clear withdrawal purpose;\n(b) a defined delivery period;\n(c) relevant costs and expenses; and\n(d) circumstances under which funds may be refunded to the treasury.\nThe proposal clearly defines its purpose: funding development, testing, integrations, security audits, and operational support for the Amaru node implementation throughout calendar year 2026. It specifies a 12-month delivery period (January–December 2026), includes a detailed cost breakdown (FTE allocations, fixed costs, and contingency), and describes mechanisms for returning unspent funds to the treasury at the conclusion of the budget period. These elements satisfy Article II, § 7.1.\nArticle II, § 7.2 requires disclosure of prior withdrawals within the preceding 24 months. The proposal explicitly acknowledges a prior treasury withdrawal in 2025 and references it. This satisfies the disclosure requirement.\nArticle II, § 7.3 requires compliance with the applicable Net Change Limit (NCL). The currently active NCL for Epochs 613–713 has been set at 350 million Ada and the limit has not been met. The requested ₳10,142,000 remains well within that ceiling. Therefore, this proposal does not violate the NCL requirement under Article II, § 7.3 and the Guardrail TREASURY-02a.\nArticle II, § 7.4 requires provision for periodic independent audits where applicable. The proposal includes budgeting for security audits and commits to external financial auditing, with publication of reports. This satisfies the constitutional audit requirement.\nArticle II, § 7.5 requires that a treasury withdrawal specify an administrator and describe the administration process. The proposal designates a maintainer committee operating under a defined legal framework and supported by an on-chain treasury smart contract. It describes multi-party authorization procedures, scope ownership, contingency controls, credential rotation, and refund mechanisms. This satisfies the administration requirement.\nArticle II, § 7.6 requires treasury oversight and traceability. The proposal commits to on-chain management via script-controlled accounts and to maintaining a public expenditure journal, thereby ensuring visibility and auditability. These measures align with the oversight requirement.\nThe proposal also complies with Guardrail TREASURY-03a by denominating the request in Ada.\nFinally, the proposal aligns with Article I, § 1 (Tenets), particularly those requiring sustainability, responsible stewardship of resources, and preservation of decentralization and resilience. Funding an alternative node implementation, security testing, and node diversity initiatives is consistent with strengthening the long-term robustness of the Cardano blockchain.", "precedentDiscussion": "This decision affirms that treasury withdrawals funding core infrastructure development are constitutional when they strictly satisfy Article II, § 7 requirements, remain within the applicable Net Change Limit, and embed auditability, refund mechanisms, and transparent administration.", "counterargumentDiscussion": "No substantive constitutional counterarguments have been identified.", "conclusion": "Tingvard judges this governance action constitutional. The proposal satisfies Article II, § 6 and Article II, § 7 of the Cardano Constitution, complies with the applicable Treasury Guardrails in Appendix I, remains within the active Net Change Limit for Epochs 613–713, and aligns with the Tenets set forth in Article I, § 1.", "internalVote": { "constitutional": 3, "unconstitutional": 0, "abstain": 1, "didNotVote": 1, "againstVote": 0 }, "references": [ { "@type": "RelevantArticles", "label": "Article I, § 1", "uri": "https://ipfs.io/ipfs/bafkreieyuknozbtewyurfqoagvplvykadn6a4u6wglupavdz46bbsnnl6e" }, { "@type": "RelevantArticles", "label": "Article II, § 6", "uri": "https://ipfs.io/ipfs/bafkreieyuknozbtewyurfqoagvplvykadn6a4u6wglupavdz46bbsnnl6e" }, { "@type": "RelevantArticles", "label": "Article II, § 7", "uri": "https://ipfs.io/ipfs/bafkreieyuknozbtewyurfqoagvplvykadn6a4u6wglupavdz46bbsnnl6e" } ] }, "authors": [ { "name": "Tingvard" } ] }