Cardano Treasury Vote Opens as IO Cuts Ask and Puts Leios, Bitcoin DeFi at the Center
Input Output has submitted nine treasury proposals for Cardano’s 2026 cycle, requesting nearly 50% less funding than last year. The Leios scaling upgrade and Pogun, a Bitcoin-linked credit and bridge project, are central to the vote. Treasury withdrawals require a 67% supermajority of DRep stake and committee approval. ADA traded at $0.247 on Thursday.