IntersectCBC (@intersectcbc) 's Twitter Profile
IntersectCBC

@intersectcbc

Cardano's advisory panel guiding annual budget processes. We oversee allocation, treasury, audits & community engagement for collaborative financial governance.

ID: 1845142384683724817

calendar_today12-10-2024 16:40:11

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696 Followers

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IntersectCBC (@intersectcbc) 's Twitter Profile Photo

Big news: The newly collected Budget Proposals drop next Monday, March 31! If you’re interested in how ADA Treasury funds are allocated, don’t miss this.

IntersectCBC (@intersectcbc) 's Twitter Profile Photo

Net Spending Limit put plainly... Spending only last year’s Treasury income = ‘living within our means.’ The NCL gov action put forth by the Budget Committee suggests capping withdrawals to avoid overspending on uncertain future inflows. Check out the full gov action on

IntersectCBC (@intersectcbc) 's Twitter Profile Photo

Missed the AMA live? Catch the recording on our YouTube channel IntersectCBC or review the Top 10 Q-n-As article on the Cardano Forum. Stay engaged—even if you can’t attend in real time.

IntersectCBC (@intersectcbc) 's Twitter Profile Photo

Net change limits matter! They define how much can be drawn from the Cardano Treasury each year. 🤔 A cap encourages high-impact proposals and keeps the ecosystem fiscally healthy. 🙌

IntersectCBC (@intersectcbc) 's Twitter Profile Photo

Want to boost Cardano long-term? Projects that drive on-chain usage + transaction volume are essential. 👏 That’s why net change limits must consider growth potential. 🚀 Head over to the Cardano Gov Tool to check out the budget committee's proposed NCL gov action.

IntersectCBC (@intersectcbc) 's Twitter Profile Photo

Intersect is dialing up transparency: more AMAs, detailed meeting minutes, and new educational resources on net change limits & budgeting. Stay tuned for more info and join the conversation!

IntersectCBC (@intersectcbc) 's Twitter Profile Photo

Ready to get involved? Join Intersect committees. Share your insights, submit proposals, and help shape Cardano’s future! Head over to the Intersect Knowledge Base for information on committee positions up for nomination.

J.J. Siler (@jj_siler) 's Twitter Profile Photo

I encourage all Cardano DReps that have not voted yet to go to GovTool and vote ‘Yes’ on the Info Action that enables the ₳350M net change limit (NCL) for the Cardano Treasury. I am in favor of a ₳350M net change limit. We need an NCL. Voting on this Info Action is open right x.com/bigpeyyt/statu…

Intersect (@intersectmbo) 's Twitter Profile Photo

Budget Reconciliation Tool Update 🗳️ Thanks to everyone who has voted so far. But after hearing your feedback, we recognise that the timelines originally set were too ambitious. Therefore we are extending voting by one week to give more DREPs the time they need to finalise their

Intersect (@intersectmbo) 's Twitter Profile Photo

Revising our budget request After extensive community feedback and a leadership reset, we have significantly revised our budget request. This marks a strategic shift in how we operate and what we prioritize. Big thread 🧵

Charles Hoskinson (@iohk_charles) 's Twitter Profile Photo

I'm really happy to see the reset and Intersect listening to community and member feedback. It's hard to build institutions and get them fully operational. Its even harden to recover from stumbles. I hope they get funded and continue to grow and thrive

IntersectCBC (@intersectcbc) 's Twitter Profile Photo

The budget committee and Intersect have placed the "Cardano Blockchain Ecosystem Budget - 275M ada Administered by Intersect" budget info action on chain: gov.tools/governance_act…

Ben (@benohanlon) 's Twitter Profile Photo

It is with deep regret—and constitutional compliance—that we’ve had to rename the ‘dRep Forum’ to the ‘DRep Forum’. Grateful thanks to the learned and honourable Maureen Mike Hornan ⚜️🇨🇦|ABLE| pool SPO Nimuë Lady of the Lake Pool for pointing me firmly (and politely) to the Constitution.

It is with deep regret—and constitutional compliance—that we’ve had to rename the ‘dRep Forum’ to the ‘DRep Forum’. Grateful thanks to the learned and honourable <a href="/maureenyam/">Maureen</a> <a href="/Hornan7/">Mike Hornan ⚜️🇨🇦|ABLE| pool SPO</a> <a href="/nimuepool/">Nimuë Lady of the Lake Pool</a> for pointing me firmly (and politely) to the Constitution.
BlockJock (James Meidinger) (@blockjock2017) 's Twitter Profile Photo

Intersect is set to manage 275 million ADA, a big responsibility, and an even bigger opportunity. Knowing your market and its volatility is a sign of strong fiscal leadership If ADA drops 30% mid-fiscal year and your vendor payments are locked to fiat expectations, your roadmap