Cardano Proposes Procedural Plan for Seven Areas in 2027 Budget

Cardano governance body Intersect on October 28 proposed a procedural framework for the 2027 treasury budget that divides funding into seven categories and allows six of the category coordinating bodies to also apply for funds within their own domains. The proposal, currently in consultation, requires approval from delegated representatives (DReps) to proceed to a 2027 pilot, and raises conflict-of-interest concerns since the entities designing application procedures and evaluation criteria could themselves become applicants. Intersect cited the previous two budget cycles, where high volumes of hard-to-compare applications complicated DRep review, as the rationale for introducing category-specific strategies and a standardized format. The framework would have coordinating bodies set category goals and budget caps, with applications evaluated against those benchmarks. Watch for DRep deliberations on the pilot approval and how the conflict-of-interest safeguards are addressed before the 2027 budget process begins.