Intersect Development Update #71 – July 18

Welcome to Intersect’s Development Update #71. This week, Cardano governance reaches a pivotal moment as 39 Treasury Withdrawal actions go live on-chain, moving the community one step closer to achieving fully decentralized and transparent funding. DReps and the interim Constitutional Committee are now voting, with ratification unlocking milestone-based smart contracts governed by Intersect’s administration framework.

Vote Now: 39 Cardano Treasury Proposals Await DRep and CC Approval

After months of collaboration across the Cardano community, Intersect has submitted 39 on-chain treasury withdrawal governance actions. Each proposal represents a community-supported initiative that previously passed through a Budget Info Action submitted earlier this year. This step marks another milestone moment, where funds from the Cardano Treasury can be securely and transparently distributed, guided by community decisions and facilitated by smart contracts.

Smart contract-based transparency for Cardano treasury funds

The Treasury Management Tooling Working Group has been focused on enabling smart contract-based transparency for Cardano treasury funds. In collaboration with IO engineering, Sundae Labs, and Xerberus—with audits by TxPipe and MLabs—the group has developed three core tools: 

Developer Advocate Program – Cohort #2

Do you have extra time to spare? Would you like to get more involved with new Cardano Developers? Ready to teach! Apply to become a Developer Advocate! Applications open for Cohort #2 of Intersect’s Developer Advocate Program, submit your application by 11:59 pm UTC on July 31, 2025. As a Developer Advocate, you’ll help onboard new developers, support their success with Cardano technologies, and create the educational and technical foundation for community engagement.

Intersect Development Update #70 – July 11

Welcome to Intersect’s Development Update #70. This week, Cardano takes another leap forward in building secure, scalable, and community-led treasury infrastructure. The Oversight Committee is now live, providing independent verification of governance actions to safeguard treasury operations. Intersect’s smart contract framework is finalized, paving the way to submit 39 Treasury Withdrawal governance actions on-chain!

Strengthening Cardano’s Treasury: Introducing the Oversight Committee

As Cardano develops, so too does the responsibility to ensure that governance remains decentralized, transparent, and accountable. We are pleased to announce a critical component of this effort: the launch of a new Oversight Committee within Intersect’s smart contract framework for Cardano Treasury operations.

Automating Accountability: Cardano’s Smart Contract Framework

As Cardano’s Treasury grows, so too does the need for robust systems to manage and distribute funds in a secure, transparent, and auditable way. Intersect, in its role as Administrator, has developed a new smart contract framework designed to deliver exactly that.

Intersect Development Update #69 – July 4

Welcome to Intersect’s Development Update #69. This week, final preparations are underway for Cardano’s first treasury withdrawals, with Intersect completing the last steps to confirm the configuration of the smart contract framework including 5 independent third-party entities providing oversight,  publishing a swath of policies, smart contracts, and tools into production to support secure execution.

Voting has concluded, and the preliminary results are in

The voting period for Cardano’s first elected Constitutional Committee (CC) concluded earlier this week, and the preliminary results are in (pending final audits). Over the past month, the community came together to hear from and select those who will serve as constitutional guardians of the Cardano Constitution.

With all seven seats on the Constitutional Committee being elected positions, Cardano is moving closer to completing the interim period of its governance transition, transferring oversight responsibility to those chosen directly by the ecosystem.