Cardano builder seeks smaller funding slice of $46.8 million for scaling and Bitcoin DeFi

Input Output, the engineering firm behind Cardano, has submitted nine proposals totaling $46.8 million for the 2026 voting cycle, a significant reduction from the $97.5 million requested last year. This move aligns with the company's long-term strategy to decrease its reliance on the community treasury and transition development responsibilities to smaller, specialized firms. The primary focus of the new funding is to support the 'Leios' consensus upgrade, intended to boost transaction throughput, and the 'Pogun' system, which aims to integrate Bitcoin-based decentralized finance into the Cardano ecosystem. The proposals are subject to a vote by community-elected delegates, representing a crucial test for Cardano's evolving decentralized governance structure.

(Source：CoinDesk)