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Article III, Section 8 of the Draft Constitution states:
draft-constitution/CONSTITUTION.md
Lines 246 to 260 in d7b3ff9
| ### Section 8 | |
| The Cardano community is expected to propose, not less than on an annual basis, a budget for | |
| the ongoing maintenance and future development of the Cardano Blockchain. All owners of | |
| ada _[, as well as their appointed designees,]_ are expected to periodically approve the Cardano | |
| Blockchain budget through an on-chain governance action. No withdrawals from the Cardano | |
| treasury shall be permitted unless a budget for the Cardano Blockchain is then in effect as | |
| required by the Cardano Blockchain Guardrails. | |
| _[Any governance action requesting ada from the Cardano Blockchain treasury in excess of | |
| [1,000,000] ada shall require an allocation of ada as a part of such funding request to cover the | |
| cost of periodic independent audits and the implementation of oversight metrics as to the use of | |
| such ada.] [Contractual obligations governing the use of ada received from the Cardano | |
| Blockchain treasury pursuant to a Cardano budget in excess of [1,000,000] shall include dispute | |
| resolution provisions.]_ |
- Should the Constitution require that governance actions above a specified amount include allocations of ada to cover periodic audits and implementation of oversight metrics?
- If yes, how should they be enforced?
- Should the Constitution require that contractual provisions governing the use of ada received from the treasury above a specified amount include dispute resolution provisions?
- If yes, how should they be enforced?
- Should the Constitution require that the budget include a contingency fund?
- If so, how would it work?
- What could it be used for?
- Who would administer it?
- Should the Constitution require that the budget include an indemnity fund to cover potential claims against governance participants such as DReps and Constitutional Committee members?
- If so, how would it work?
- What could it be used for?
- Who would administer it?
- Should the budgetary process be spelled out in greater detail in the Constitution?
- Should the Constitution identify how the budget will be administered?
- Should it identify who will administer the budget?
- Should the Constitution specify a cap on the annual budget?
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