Article III, Section 8 of the Draft Constitution states:
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### Section 8 |
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The Cardano community is expected to propose, not less than on an annual basis, a budget for |
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the ongoing maintenance and future development of the Cardano Blockchain. All owners of |
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ada _[, as well as their appointed designees,]_ are expected to periodically approve the Cardano |
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Blockchain budget through an on-chain governance action. No withdrawals from the Cardano |
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treasury shall be permitted unless a budget for the Cardano Blockchain is then in effect as |
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required by the Cardano Blockchain Guardrails. |
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_[Any governance action requesting ada from the Cardano Blockchain treasury in excess of |
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[1,000,000] ada shall require an allocation of ada as a part of such funding request to cover the |
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cost of periodic independent audits and the implementation of oversight metrics as to the use of |
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such ada.] [Contractual obligations governing the use of ada received from the Cardano |
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Blockchain treasury pursuant to a Cardano budget in excess of [1,000,000] shall include dispute |
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resolution provisions.]_ |
- Should the Constitution require that governance actions above a specified amount include allocations of ada to cover periodic audits and implementation of oversight metrics?
- If yes, how should they be enforced?
- Should the Constitution require that contractual provisions governing the use of ada received from the treasury above a specified amount include dispute resolution provisions?
- If yes, how should they be enforced?
- Should the Constitution require that the budget include a contingency fund?
- If so, how would it work?
- What could it be used for?
- Who would administer it?
- Should the Constitution require that the budget include an indemnity fund to cover potential claims against governance participants such as DReps and Constitutional Committee members?
- If so, how would it work?
- What could it be used for?
- Who would administer it?
- Should the budgetary process be spelled out in greater detail in the Constitution?
- Should the Constitution identify how the budget will be administered?
- Should it identify who will administer the budget?
- Should the Constitution specify a cap on the annual budget?
Article III, Section 8 of the Draft Constitution states:
draft-constitution/CONSTITUTION.md
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