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Cardano Japan Council

We consider this governance action to be constitutional.

Tingvard

Tingvard judges the “IO: Consensus Initiative” treasury withdrawal governance action constitutional.

Cardano Curia

Cardano Curia finds this Treasury Withdrawal constitutional under the Cardano Constitution (v2.4), as the action is properly specified and includes the required immutability, administration/oversight, auditability, and custody controls expected for a Treasury Withdrawal.

KtorZ

Ace Alliance

Ace Alliance finds the proposed "IO: Consensus Initiative" Treasury Withdrawal Governance Action Constitutional. Rationales are archived at https://github.com/ace-alliance/ace-voting/

Eastern Cardano Council

We have determined that this treasury withdrawal governance action is constitutional.

**Proposal as pdf: [https://ipnso-com.ipns.dweb.link/?cid=QmPdBp8QjKaPdYdvwLxzDiCxX85hGx8H6rxbSvTTuLkcx2](https://ipnso-com.ipns.dweb.link/?cid=QmPdBp8QjKaPdYdvwLxzDiCxX85hGx8H6rxbSvTTuLkcx2)**

Cardano needs a step change in throughput to meet its 2030 ambitions, and Leios is how it gets there. This proposal funds the path from public testnet to a mainnet-ready release candidate — delivering a 10–65x increase in transaction capacity.

Why this scale matters: Cardano's 2030 strategy targets growth from roughly 800,000 monthly transactions to over 27 million. At sustainable utilization levels, that requires at least 6x current capacity. Leios delivers 10x or more — giving significant room to grow. It works by enhancing Cardano's existing Ouroboros Praos consensus with Endorser Blocks and committee-based validation, increasing throughput without compromising decentralization or making stake pool operations unviable.

The current budget cycle (ending June 2026\) delivers an early public testnet. This proposal picks up from there and focuses on three objectives. First, a release candidate: maturing the implementation through substantial engineering, conformance testing against formal specifications, and integration into the primary node. Second, high confidence: systematic validation through parameter exploration, load testing, and adversarial red-teaming on the public testnet. Third, hard-fork enabling: everything within IO's control to make the Leios hard fork possible, including stable interfaces for ecosystem tools (DB-Sync, Mithril, Blockfrost), SPO and developer workshops, governance artifact preparation, and contingency procedures. The proposal explicitly excludes external dependencies like the community hard-fork vote from its acceptance criteria — those are captured as risks, not promises. Intersect administers all funds through milestone-based smart contracts with independent oversight. Unspent funds return to the Treasury.

**Treasury Ask:** ₳27,714,342

IO: Consensus Initiative

drep15jspgw8ea9pw3w0fwyqam2lw58ulw7z6qhr8qyuah7j0yj962w7

I vote YES.  Leios delivers crucial scalability whilst maintaining our decentralization.  The team has handled community feedback exceptionally well, incorporating our challenges gracefully.  This great leadership gives me full confidence in their execution.  Keep up the great work!

I am voting YES on the IO Consensus Initiative. While the development budget lacks granular FTE details, delivering Ouroboros Leios is absolutely essential for Cardano's survival and 2030 scalability targets. I have full confidence in IO to execute this critical network upgrade.

The proposal is rightly addressing the scaling of Cardano to meet the future tx demands, it is an investment in the future where these blocks are hopefully filled.

A great analysis was done by Yuta and https://adatool.net/io-proposals.

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