We have voted in favour of the governance action: “Cardano Blockchain Ecosystem Budget – 275M ada Administered by Intersect“:
The period during which this Budget Info Action remains in effect will begin at the close of its voting period and continue for 73 epochs (52 weeks). This budget is an aggregate allocation and following Treasury Withdrawal(s) must be in compliance with an approved and active Net Change Limit, among other conditions. This budget comprises 39 proposals that support maintenance, development, marketing, innovation, and governance initiatives within the Cardano Blockchain Ecosystem.
The budget breakdown is available from the gov tools site. While we would have liked to see a slightly lower budget for the coming year (closer to the 200 million ADA NCL that we recently voted for), we support the proposals listed. We also believe Cardano is at an important juncture in ecosystem development and the overall opportunity cost of reducing spending at this point is high.