The Cardano Foundation has voted YES on the first withdrawal for the DeFi Liquidity Budget, marking a significant step in establishing the project’s legal framework and smart contract infrastructure. This decision underscores Cardano’s commitment to enhancing its DeFi infrastructure, as the project continues to prioritize liquidity and protocol growth. In this regard, the Foundation commended the team’s disclosure of risk management policies but recommended improvements in transparency and reporting for future withdrawals, reflecting the ongoing emphasis on refined governance within the Cardano ecosystem.
Cardano Foundation votes yes on first DeFi Liquidity Budget withdrawal
