{ "@context": { "@language": "en", "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" } } } }, "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": { "summary": "We consider this governance action to be constitutional.", "rationaleStatement": "This proposal is a Treasury Withdrawal Governance Action to withdraw ₳540,750 from the Cardano Treasury in connection with \"UTxO RPC by TxPipe: Maintaining Cardano’s Integration Standard, Year 2,\" proposed by TxPipe. This proposal met the 67% support threshold required during the Hydra voting phase of the 2026 Intersect budget process and has proceeded to the submission of an on-chain Treasury Withdrawal Governance Action in accordance with the approved budget process framework. This proposal references the proposal document on IPFS and presents the proposal's title, summary, rationale, justification, and related supplementary materials. These elements comply with the requirements of Article 2, Section 6, Paragraphs 1 and 2 of the Cardano Constitution. Regarding Article 2, Section 7, Paragraph 1, this proposal aims to maintain and enhance UTxO RPC, and the supplementary materials specify a 12-month implementation period. Additionally, the proposal presents a breakdown of costs, including ₳420,000 for blockchain developer fees, a contingency reserve of ₳105,000, and an Intersect budget management fee of ₳15,750. Furthermore, the supplementary materials state that upon project completion, the total USD value received through all milestone payments will be calculated, and any ADA exceeding the amount necessary to cover the 105,000 USD project budget will be returned to the Cardano Treasury. Regarding Article 2, Section 7, Paragraph 2, this proposal discloses that TxPipe received funding through 30 Project Catalyst proposals from Fund 9 through Fund 14, and that it received open-source maintenance funding for Pallas, Dolos, and UTxO RPC through Intersect's 2025 budget cycle. Regarding Article 2, Section 7, Paragraph 3, this proposal confirms that the requested amount of ₳540,750 falls within the ₳350,000,000 Net Change Limit covering Epochs 613 through 713. Regarding Article 2, Section 7, Paragraph 4, this proposal includes audit and oversight costs within the overhead applied to the proposal, and the Intersect administration fee covers administrative oversight. Additionally, it outlines independent oversight, reporting obligations, and milestone-based disbursement controls through Intersect and technically capable third parties. Furthermore, the supplementary materials state that, in addition to oversight by Delivery Assurance, Blink Labs will serve as an independent reviewer to verify milestone completion and the quality of deliverables. Regarding Article 2, Section 7, Paragraph 5, the proposal designates Intersect as the administrator and outlines a framework for milestone-based disbursements and Delivery Assurance oversight. Regarding Article 2, Section 7, Paragraph 6, the proposal describes a mechanism for managing funds via the Treasury Reserve Smart Contract (TRSC) and transferring them to the Project-Specific Smart Contract (PSSC) once legal agreements and vendor preparations are complete. It also presents a dashboard that allows the community to audit funds and track relevant metrics. Furthermore, it states that the TRSC and PSSC cannot be staked with an SPO and must be delegated to the predefined auto-abstain DRep. Therefore, as no clear conflict with the Cardano Constitution has been identified, this proposal is deemed constitutional.", "precedentDiscussion": "None", "counterargumentDiscussion": "It is difficult to argue that a structure in which funds for multiple projects are consolidated into the TRSC using a single receiving address is fully consistent with the requirement for \"separate accounts\" set forth in Article 2, Section 7, Paragraph 6 of the Constitution. In light of this, some of our members deemed the structure unconstitutional, arguing that it could not be considered constitutional.", "conclusion": "For the reasons stated above, we determine that it is constitutional.", "internalVote": { "constitutional": 2, "unconstitutional": 1, "abstain": 1, "didNotVote": 0 }, "references": [ { "@type": "RelevantArticles", "label": "CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION", "uri": "ipfs://bafkreieyuknozbtewyurfqoagvplvykadn6a4u6wglupavdz46bbsnnl6e" } ] }, "authors": [ { "name": "Cardano Japan Council", "witness": { "witnessAlgorithm": "ed25519", "publicKey": "833ddc6eedc272e763c33b9e6ed91efea5f0a5161f05bf72c83326a9b11507de", "signature": "c6323a42f4e1b2169356b855396ca1d477e1d783d837b0bdda66955d3cd2000240f996501a7184eb13979c73c899fdbc3d795b900f2ccaf9b3370b5294b96701" } } ] }