
Cardano treasury withdrawal cap 91% used with 42.6M ADA left
- —30 enacted withdrawals since epoch 613 used 457.4 million ADA of the 500 million ADA cap
- —Remaining allowance is 42.6 million ADA, or 8.5%, through around July 3, 2027
- —A 22 million ADA copper-reserve request would leave just 20.6 million ADA if enacted first
- —Treasury balance rose to about 1.378 billion ADA in epoch 661, but that does not expand the withdrawal cap
Why it matters: The shrinking allowance limits new Cardano grants and initiatives, forcing DReps to prioritize requests or agree a new cap.
Source: CryptoSlate