Gate News message, April 22 — Input Output Global, the core development company behind Cardano, has submitted nine proposals to the Cardano Treasury for 2026, requesting funding approximately 50% lower than the previous year. IOG is requesting 62.1 million ADA (approximately $15.8 million) for node upgrades, monitoring, and security maintenance.
The proposals center on the Leios mainnet upgrade, which aims to increase Cardano’s monthly transaction volume from approximately 800,000 to over 27 million. Leios is expected to enter testnet in June, with mainnet launch targeted before year-end.
IOG plans to implement Babel Fees, allowing users to pay transaction fees in non-ADA assets, while exploring new economic models including wallet-based micro-fee collection, Bitcoin staking rewards (Pogun proposal), and improved Plutus development tools and formal verification utilities to lower the barrier to entry for developers.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BHT Device Cluster DAPP Goes Live Globally, MOVA Ecosystem Application Layer Advances
Gate News message, April 26 — BHT (Balance Hub Terminal) announced today that its device cluster DAPP has officially launched globally, with operations beginning at 12:00 UTC / 08:00 ET on April 26, 2026.
As a core application layer within the MOVA Chain ecosystem, BHT focuses on device clusters an
GateNews12m ago
Ripple Custody Platform Now Live With Major Banks Across Europe, Asia, and Middle East
Gate News message, April 26 — Ripple has deployed its institutional-grade digital asset custody platform, Ripple Custody, with leading financial institutions across multiple regions. The API-first platform integrates with existing banking infrastructure and provides instant wallet provisioning,
GateNews1h ago
Aave, Kelp, LayerZero Seek $71M Frozen ETH Release from Arbitrum DAO
Aave Labs, Kelp DAO, LayerZero, EtherFi, and Compound filed a Constitutional AIP on the Arbitrum forum Saturday morning requesting the network's DAO release approximately $71 million in frozen ETH to support rsETH recovery efforts following last week's $292 million Kelp DAO exploit. The proposal
CryptoFrontier2h ago
Japan Lightning Network payment startup UseBitcoin announces sales of 100 million yen
UseBitcoin announces that Japan sales have surpassed 100 million yen, becoming the fastest-growing Bitcoin payment startup. By building payment channels through the Lightning Network, with no registration required and low transaction fees, it enables the purchase of digital gift cards with denominations of 500–100,000 yen using Bitcoin, covering au PAY, V-Preca, Kyash, QUO Card Pay, and more, promoting Japan’s micro-economy and everyday spending.
ChainNewsAbmedia4h ago
JPMorgan: Tokenization Will Transform Funds Industry, But 'Good Use Cases' Still Years Away
Gate News message, April 26 — JPMorgan's global head of ETF product and securities services, Ciarán Fitzpatrick, said on Friday (April 25) that tokenization will drive change across the entire funds industry, not
GateNews7h ago
