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Cardano Foundation

12/09/2024

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Cardano Foundation’s Project Catalyst F13 Proposal Selection

Refining the Foundation’s evaluation process to enable comprehensive, transparent voting

Cardano Foundation’s Project Catalyst F13 Proposal Selection

Refining the Foundation’s evaluation process to enable comprehensive, transparent voting

The Cardano Foundation promotes the diversity, quality, and quantity of on-chain activities by focusing on three core areas:

  • Operational resilience: maintaining a resilient blockchain.
  • Education: contributing to blockchain understanding and legal certainty.
  • Adoption: creating conditions that diversify blockchain growth.

As such, we aim to scale our participation and impact in Project Catalyst F13, building on the experience and insights gained in F12. With the Foundation’s voting in F12 serving as a pilot for programmatic participation in Project Catalyst 2025, F13 represents another step forward. Implementing an updated proposal review process reinforces the Foundation’s commitment to promoting transparency around its strategic objectives.

Establishing a proposal review process

An interdepartmental group of subject matter experts from the Cardano Foundation, representing approximately 30 Foundation staff members, collaborated to filter over 1,800 proposals. These individuals considered the Foundation’s objectives and those of the broader Cardano ecosystem, reflecting the ethos and principles of Our Cardano. This approach to Project Catalyst participation reflects insights gained from diverse community stakeholders and reinforces the value of collaboration.

The Cardano Foundation has allocated 180 million ada in voting stake toward proposal selection in Fund 13, intentionally amplifying the impact of voting and its in-depth proposal review. View the full rationale and selected proposals here.

Join us for an informative Cardano Roundtable Talk on 10 December 2024, at 13:00 (UTC), as we delve into the impact of large ada holders and DeFi protocols on Project Catalyst F13 voting. This open discussion will explore the voting strategies of key stakeholders, the role of DeFi in borrowing voting power, and the implications for Cardano's governance.

Watch the roundtable live stream on YouTube or X (formerly Twitter) on the @Cardano account.

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