Input Output proposes scaled-back Cardano treasury plan ahead of Leios mainnet push
Summary
Input Output Global (IOG) has put forth nine treasury proposals for 2026, detailing an upgrade plan for Cardano centered around the upcoming Leios network-scaling upgrade. The total funding request is significantly reduced compared to the previous year, with voting open until May 24. These proposals encompass core infrastructure, developer tooling, and new economic models, all designed to support Cardano's ambitious goal of scaling from 800,000 to over 27 million transactions per month, with Leios being the primary mechanism for this expansion. The Leios upgrade aims to boost throughput by 10x to 65x, supporting DeFi, real-world assets, and enterprise use cases, and is expected to reach mainnet by the end of 2026. IOG also requested 62.1 million ADA for network maintenance and proposed initiatives to improve developer experience, including addressing a "fragmented" tooling ecosystem and high onboarding costs. Additionally, proposals aim to enhance economic models, such as enabling transaction fees in tokens other than ADA and exploring Bitcoin liquidity integration through a proposal called Pogun.
(Source:The Block)