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Cardano to allocate over $71 million to advance protocol upgrade

2025-08-04 03:11

According to Odaily Planet Daily, the Cardano community has approved the "IOE Roadmap" proposal with 74.01% support. The proposal will allocate approximately 96,817,080 ADA (equivalent to approximately $71 million) from the treasury to fund core protocol development, with a focus on technical upgrades in scalability, developer experience, and interoperability.