Cardano development teams wants almost $50 million for Bitcoin DeFi and Vision 2030
Summary
Input Output Global (IOG) has requested $46.8 million from the Cardano treasury for 2026, marking a significant reduction from the previous year. The strategy focuses on decentralizing development by involving third-party firms while prioritizing the "Vision 2030" roadmap. Key initiatives include the "Leios" consensus upgrade to drastically increase throughput, the "Pogun" DeFi engine to integrate Bitcoin liquidity, and significant improvements to developer tools and the Plutus language to reduce execution costs and onboarding friction.
(Source:CryptoSlate)