거버넌스 제안 상세
제안서 상세 내용과 투표 현황을 확인하세요.
한글 버전
- 본 재무부 인출은 벤더를 대신하여 Intersect가 제출했음.
- 초록, 동기 및 근거 섹션의 내용은 Intersect 예산 절차의 일환으로 벤더가 제출하여 승인된 제안서에서 발췌했음.
■ 주석
*dApp: 탈중앙화 애플리케이션
***Intersect: Cardano 생태계 지원을 위한 회원제 조직
- 본 제안서는 Cardano의 주요 온체인 프로토콜 전반에 걸쳐 개방형 표준 인터페이스를 제공하기 위해 12개월 동안 1,308,000 ₳(327,000 ₳의 비상 예비비 포함)를 요청함.
- 이를 통해 개발자나 AI 에이전트가 단일화된 일관된 환경에서 프로토콜을 발견, 통합 및 구성할 수 있게 함.
- 현재 생태계 전반에 공통 인터페이스 메커니즘이 부재함.
- 모든 통합자는 각 프로토콜을 처음부터 다시 학습하고 동일한 이해를 독립적으로 재구축해야 함.
- 이는 통합 비용을 상승시키고, 사용자를 공식 프론트엔드에 종속시키며, 프로토콜 간 구성 가능성을 비실용적으로 만듦.
- 이러한 문제는 더욱 악화될 전망임.
- 차세대 온체인 활동은 자율적으로 워크플로우를 실행하는 AI 에이전트로부터 발생할 것이나, 블록체인은 AI 오류에 취약함.
- 온체인에서 잘못 생성된 트랜잭션은 자산을 비가역적으로 이동시킬 수 있음.
- Cardano가 에이전트 주도 활동을 포착하려면 프로토콜이 공유 인터페이스 계층을 통해 에이전트가 발견, 이해 및 실행할 수 있어야 함.
- Tx3는 이를 해결하는 프레임워크임.
- 각 프로토콜은 검증된 인터페이스 정의로 한 번 기술되며, 프레임워크는 이를 바탕으로 문서, 다국어 자동 생성 SDK, 실시간 JSON-RPC 엔드포인트를 생성함.
- 본 제안서는 에이전트 우선 문서화, 프로토콜 기술 패키징 작업, 에이전트가 게시된 프로토콜을 직접 발견하고 호출할 수 있게 하는 MCP 서버를 통해 프레임워크를 확장함.
- Catalyst Fund 14를 통해 TxPipe는 이미 5개의 프로토콜을 [Tx3 Protocol Registry](https://tx3.land)에 실시간으로 적용하여 개발자 계층을 상용화했음.
- 본 제안서는 12개의 추가 온보딩(분기당 3개)과 MCP 서버 및 기술 프레임워크 개발에 자금을 지원함.
■ 주석
*₳: 에이다(Cardano 토큰)
*JSON-RPC: 원격 프로시저 호출을 위한 JSON 기반 프로토콜
- Tx3는 Cardano 프로토콜에 대한 표준 오픈 소스 인터페이스를 제공하여 개발자가 트랜잭션 패턴을 역설계하거나 중앙 집중식 인프라에 의존할 필요를 제거함.
- Strike Finance, Indigo Protocol, VyFinance, Bodega Market, Fluid Tokens 등이 이미 이 방식을 사용 중임.
- Pillar 4(커뮤니티 및 생태계 성장)와 관련하여, 본 제안서는 Cardano가 AI 호환성이 가장 뛰어난 블록체인 생태계임을 입증함.
- 이는 숙련된 개발자와 기업이 Cardano에 참여하는 장벽을 낮추고 생태계에 차별화된 신뢰성 있는 서사를 제공함.
- Intersect 예산 절차: 본 제안서는 2026 Intersect 예산 절차 Hydra 투표 단계에서 67%의 지지 임계값을 달성하여 온체인 재무부 인출 거버넌스 조치 제출 단계로 진행되었음.
- 순 변경 한도 준수: 요청 금액은 Epoch 613부터 Epoch 713까지 적용되는 350M ₳ 순 변경 한도를 초과하지 않음.
- 감사 및 감독: 감사 비용은 본 제안서의 간접비에 포함됨.
- Intersect 관리 수수료는 행정적 감독을 포함하며, 독립적인 감독은 Intersect 및 기술적 역량을 갖춘 제3자를 통해 이루어짐.
- 이전 재무부 자금 지원 공개: TxPipe는 Fund 9부터 14까지 30개의 Project Catalyst 제안을 통해 자금을 지원받았으며, 26개는 성공적으로 완료되었고 4개는 개발 중임.
- 또한 2025년 예산 주기를 통해 Pallas, Dolos, UTxO RPC에 대한 오픈 소스 유지 관리 자금을 지원받았음.
- 예산 요약: Cardano 프로토콜용 Open API 계층 1,635,000 ₳, Intersect 예산 관리 수수료 49,050 ₳를 포함하여 총 1,684,050 ₳임.
- Intersect 예산 관리 도구: Intersect는 Sundae Labs가 개발한 재무 관리 스마트 컨트랙트 프레임워크를 사용함.
- 2026년을 위한 새로운 스마트 컨트랙트 인스턴스가 배포되었음.
- 절차: 거버넌스 조치가 시행되면 자금은 TRSC의 스테이크 주소로 전달됨.
- 모든 TRSC 및 PSSC 인스턴스는 SPO와 스테이킹할 수 없으며 자동 기권 DRep에 위임됨.
- 이후 자금은 TRSC 결제 주소에 남아있는 UTxO로 인출됨.
■ 주석
*UTxO: 미사용 트랜잭션 출력
*DRep: 위임된 대표자
*****PSSC: 프로젝트별 스마트 컨트랙트
English
This Treasury Withdrawal is submitted by Intersect on behalf of the vendor. The content for the following sections; Abstract, Motivation and Rationale have been sourced from the approved proposal submitted by the Vendor as part of the Intersect budget process.
Today, there is no common interface mechanism across the ecosystem. Every integrator is forced to relearn each protocol from scratch, and rebuild the same understanding independently. This raises the cost of every integration, locks users into official frontends that may not survive a downturn, and makes cross-protocol composability impractical.
This problem is about to get worse. The next wave of on-chain activity will come from AI agents executing workflows autonomously — but blockchain is uniquely susceptible to AI slop: a hallucinated transaction on-chain can move real assets irreversibly. For Cardano to capture agent-driven activity, its protocols need to be discoverable, understandable, and executable by agents through a shared interface layer — one where agents express intents that users can audit before signing, while the underlying transactions remain deterministic.
Tx3 is the framework that solves this. Each protocol is described once with a verified interface definition, from which the framework produces documentation, auto-generated SDKs in multiple languages, and live JSON-RPC endpoints. This proposal extends the framework with the agent layer: agent-first documentation, protocol skills packaging operations, and an MCP server that lets agents discover and call any published protocol directly.
Through Catalyst Fund 14, TxPipe has already put the developer layer into production with 5 protocols live on the [Tx3 Protocol Registry](https://tx3.land). This proposal funds 12 additional onboardings (3 per quarter) with full developer and agent coverage, and the development of the MCP server and skill framework as shared infrastructure for all protocols on the registry.
**Pillar 2 — Adoption & Utility:**
This proposal aligns to Pillar 2 through focus area A.3 (Developer Experience), specifically the open-source incentives area, which calls for incentivizing the maintenance of core Cardano SDKs, frameworks, and infrastructure.
Tx3 provides a standard, open-source interface to Cardano protocols — documentation, multi-language SDKs, and live RPC endpoints — removing the need for developers to reverse-engineer transaction patterns or depend on centralized infrastructure. Protocols such as Strike Finance, Indigo Protocol, VyFinance, Bodega Market, and Fluid Tokens are already accessible this way. Expanding protocol coverage and adding agent-facing infrastructure (MCP server, per-protocol tools, skills and LLM-structured documentation) ensures that Cardano protocols are accessible not only to developers but also to AI agents — positioning the ecosystem for the shift toward autonomous on-chain interaction.
**Pillar 4 — Community & Ecosystem Growth:**
This proposal also aligns to Pillar 4 through focus area C.2 (Global Engagement & Market Adoption), which calls for proactively demonstrating ecosystem value and building confidence with partners and users.
Cardano has real architectural strengths — a deterministic UTxO model, formal verification heritage, and a growing base of on-chain protocols — but these are difficult to communicate externally when the integration path remains complex and Cardano-specific. By making protocols agent-ready through standard interfaces, structured documentation, and an MCP server, Tx3 creates a concrete demonstration of Cardano as the most AI-compatible blockchain ecosystem. This lowers the barrier for skilled developers and businesses to engage with Cardano — they can interact with protocols using the same tools and patterns they already use, whether through SDKs or AI agents — and gives the ecosystem a differentiated, credible narrative in a market where every chain is competing for developer attention.
### Intersect Budget Process
This proposal achieved the required 67% support threshold during the 2026 Intersect Budget Process Hydra Voting phase and has therefore been advanced for on-chain Treasury Withdrawal Governance Action submission in accordance with the approved Budget Process Framework.
### Net Change Limit Compliance
The requested amount does not at time of submission, on its own or in aggregate, breach the applicable [350M Net Change Limit](https://explorer.cardano.org/governance-action/gov_action1m3xx08yv788vfxqh6nfvrjtvmqpwezsy0ggaczctkyjmttc2wmxsq4jsr7q) covering Epoch 613 to Epoch 713.
In accordance with the guardrail TREASURY-02a, this withdrawal does not exceed the NCL at the moment of submission.
### Audit & Oversight
Audit and oversight costs are included within the overhead applied to this proposal. The Intersect administration fee covers administrative oversight and is reflected within the cost of this proposal. Independent oversight will be provided through Intersect and technically capable third-party, including reporting obligations and milestone-based disbursement controls.
### Prior Treasury Funding Disclosure
TxPipe has received funding through 30 Project Catalyst proposals across Funds 9 through 14, of which 26 have been successfully delivered and 4 are currently under development and on schedule.
In addition, TxPipe received open-source maintenance funding through Intersect's 2025 budget cycle for Pallas, Dolos, and UTxO RPC, all of which are being delivered on schedule.
### Budget Summary
| Work Package | Total (ADA) |
|---|---|
| Open API Layer for Cardano Protocols | 1,635,000 |
| Intersect Budget Administration fee | 49,050 |
| **Total** | **1,684,050** |
### Intersect Budget Management Tooling
To administrate treasury funds on-chain, Intersect will utilize the treasury management smart contract framework developed by Sundae Labs. A new instance of these smart contracts has been deployed for 2026, mirroring the contracts from the 2025 budget cycle.
- The 2026 Treasury Reserve Smart Contract stake address: `stake1784sdxt6jjennmstphgdu7l7c2scf5d02a6cve2dgn5s2kq5u3j9v`
- The 2026 Treasury Reserve Smart Contract payment address: `addr1x84sdxt6jjennmstphgdu7l7c2scf5d02a6cve2dgn5s2k8tq6vh499n88hqkrwsmealas4psng674m4sej5638fq4vqmxs59w`
- The 2026 Project Specific Smart Contract payment address: `addr1x9d6k9z6t6fvsetj2djmerargk475lef9gfvshy4rwh4h7jm4v295h5jepjhy5m9hj86x3dtafljj2sjepwf2xa0t0aq048cay`
#### Specifics
Intersect will utilize a single Treasury Reserve Smart Contract (TRSC), with one Project-Specific Smart Contracts (PSSC). Intersect’s management consists of five ‘admin’ and three Intersect ‘leadership’ roles. An Oversight Committee consisting of six external, independent third-party entities will provide checks and balances on Intersect, and safeguard against errors and unilateral control. The administration of both TRSC and PSSC will be managed by Intersect, with external oversight on certain actions from the Oversight Committee.
The Oversight Committee consists of Sundae Labs, Cardano Foundation, Dquadrant, NMKR, Sundial and Eternl. Their role is to independently verify key administrative actions using on-chain logic, ensuring accuracy and consistency without exercising discretion over governance decisions.
For all details on Intersect’s configuration please see the [**Smart Contract Guide**](https://admin-services.docs.intersectmbo.org/governance/smart-contracts) on the knowledgebase.
The high level permissions are as follows:
* TRSC Fund and PSSC Modify
* Two of the five Intersect admins, two of the six trusted entities and one of the three Intersect leadership sign-off must authorize
* TRSC Disburse
* Two of five Intersect admins, three of six trusted entities and two of three Intersect leadership sign-off must authorize
* TRSC Pause and Resume
* Two of five Intersect admins, and one of three Intersect leadership sign-off must authorize
* TRSC Sweep
* One of five Intersect admins, and one of three Intersect leadership sign-off must authorize
* TRSC Reorganize
* Two of five Intersect admins and three of six trusted entities must authorize
#### Processes
Upon enactment of this governance action, funding for this project will be directed into the TRSC’s stake address. All instances of TRSC and PSSC can not be staked with a SPO and are delegated to the auto-abstain predefined DRep. From here funds will be withdrawn into a UTxO remaining at the TRSC payment address.
When the Legal contract is prepared and the vendor is ready, funding for this project will be transferred using the Fund action to the PSSC. All milestones will be outlined within the metadata.
A dashboard is available ([treasury.sundae.fi](https://treasury.sundae.fi/budgets/51486a2f1496d4d3a688a9b111971aa9b731ed045d900b601345ca4e)) for the community to audit the TRSC or PSSC and track metrics related to this withdrawn ada as well as being immutably verifiable on chain.
부가 정보
| 트랜잭션 해시 | b3d452bff7769d7f557ec6b8974760ee6c5e496c276652b654032966621e0ccf |
|---|---|
| 블록 타임 | 1782231273 |
| Proposal ID | gov_action1k02990lhw6wh74t7c6ufw3mqaek9ujtvyan99dj5qv5kvcs7pn8sj72rg72 |
| Proposal Index | 9 |
TxPipe의 Tx3를 위한 1,684,050 ADA 인출: Cardano dApp P...에 대한 제안
현재 어디까지 왔나
📊 제안서 투표현황
DRep 투표현황
SPO 투표현황
헌법위원회 투표현황
📝 상세 설명
🇰🇷 한글 버전
- 본 재무부 인출은 벤더를 대신하여 Intersect가 제출했음.
- 초록, 동기 및 근거 섹션의 내용은 Intersect 예산 절차의 일환으로 벤더가 제출하여 승인된 제안서에서 발췌했음.
■ 주석
*dApp: 탈중앙화 애플리케이션
***Intersect: Cardano 생태계 지원을 위한 회원제 조직
- 본 제안서는 Cardano의 주요 온체인 프로토콜 전반에 걸쳐 개방형 표준 인터페이스를 제공하기 위해 12개월 동안 1,308,000 ₳(327,000 ₳의 비상 예비비 포함)를 요청함.
- 이를 통해 개발자나 AI 에이전트가 단일화된 일관된 환경에서 프로토콜을 발견, 통합 및 구성할 수 있게 함.
- 현재 생태계 전반에 공통 인터페이스 메커니즘이 부재함.
- 모든 통합자는 각 프로토콜을 처음부터 다시 학습하고 동일한 이해를 독립적으로 재구축해야 함.
- 이는 통합 비용을 상승시키고, 사용자를 공식 프론트엔드에 종속시키며, 프로토콜 간 구성 가능성을 비실용적으로 만듦.
- 이러한 문제는 더욱 악화될 전망임.
- 차세대 온체인 활동은 자율적으로 워크플로우를 실행하는 AI 에이전트로부터 발생할 것이나, 블록체인은 AI 오류에 취약함.
- 온체인에서 잘못 생성된 트랜잭션은 자산을 비가역적으로 이동시킬 수 있음.
- Cardano가 에이전트 주도 활동을 포착하려면 프로토콜이 공유 인터페이스 계층을 통해 에이전트가 발견, 이해 및 실행할 수 있어야 함.
- Tx3는 이를 해결하는 프레임워크임.
- 각 프로토콜은 검증된 인터페이스 정의로 한 번 기술되며, 프레임워크는 이를 바탕으로 문서, 다국어 자동 생성 SDK, 실시간 JSON-RPC 엔드포인트를 생성함.
- 본 제안서는 에이전트 우선 문서화, 프로토콜 기술 패키징 작업, 에이전트가 게시된 프로토콜을 직접 발견하고 호출할 수 있게 하는 MCP 서버를 통해 프레임워크를 확장함.
- Catalyst Fund 14를 통해 TxPipe는 이미 5개의 프로토콜을 [Tx3 Protocol Registry](https://tx3.land)에 실시간으로 적용하여 개발자 계층을 상용화했음.
- 본 제안서는 12개의 추가 온보딩(분기당 3개)과 MCP 서버 및 기술 프레임워크 개발에 자금을 지원함.
■ 주석
*₳: 에이다(Cardano 토큰)
*JSON-RPC: 원격 프로시저 호출을 위한 JSON 기반 프로토콜
- Tx3는 Cardano 프로토콜에 대한 표준 오픈 소스 인터페이스를 제공하여 개발자가 트랜잭션 패턴을 역설계하거나 중앙 집중식 인프라에 의존할 필요를 제거함.
- Strike Finance, Indigo Protocol, VyFinance, Bodega Market, Fluid Tokens 등이 이미 이 방식을 사용 중임.
- Pillar 4(커뮤니티 및 생태계 성장)와 관련하여, 본 제안서는 Cardano가 AI 호환성이 가장 뛰어난 블록체인 생태계임을 입증함.
- 이는 숙련된 개발자와 기업이 Cardano에 참여하는 장벽을 낮추고 생태계에 차별화된 신뢰성 있는 서사를 제공함.
- Intersect 예산 절차: 본 제안서는 2026 Intersect 예산 절차 Hydra 투표 단계에서 67%의 지지 임계값을 달성하여 온체인 재무부 인출 거버넌스 조치 제출 단계로 진행되었음.
- 순 변경 한도 준수: 요청 금액은 Epoch 613부터 Epoch 713까지 적용되는 350M ₳ 순 변경 한도를 초과하지 않음.
- 감사 및 감독: 감사 비용은 본 제안서의 간접비에 포함됨.
- Intersect 관리 수수료는 행정적 감독을 포함하며, 독립적인 감독은 Intersect 및 기술적 역량을 갖춘 제3자를 통해 이루어짐.
- 이전 재무부 자금 지원 공개: TxPipe는 Fund 9부터 14까지 30개의 Project Catalyst 제안을 통해 자금을 지원받았으며, 26개는 성공적으로 완료되었고 4개는 개발 중임.
- 또한 2025년 예산 주기를 통해 Pallas, Dolos, UTxO RPC에 대한 오픈 소스 유지 관리 자금을 지원받았음.
- 예산 요약: Cardano 프로토콜용 Open API 계층 1,635,000 ₳, Intersect 예산 관리 수수료 49,050 ₳를 포함하여 총 1,684,050 ₳임.
- Intersect 예산 관리 도구: Intersect는 Sundae Labs가 개발한 재무 관리 스마트 컨트랙트 프레임워크를 사용함.
- 2026년을 위한 새로운 스마트 컨트랙트 인스턴스가 배포되었음.
- 절차: 거버넌스 조치가 시행되면 자금은 TRSC의 스테이크 주소로 전달됨.
- 모든 TRSC 및 PSSC 인스턴스는 SPO와 스테이킹할 수 없으며 자동 기권 DRep에 위임됨.
- 이후 자금은 TRSC 결제 주소에 남아있는 UTxO로 인출됨.
■ 주석
*UTxO: 미사용 트랜잭션 출력
*DRep: 위임된 대표자
*****PSSC: 프로젝트별 스마트 컨트랙트
🇺🇸 English
This Treasury Withdrawal is submitted by Intersect on behalf of the vendor. The content for the following sections; Abstract, Motivation and Rationale have been sourced from the approved proposal submitted by the Vendor as part of the Intersect budget process.
Today, there is no common interface mechanism across the ecosystem. Every integrator is forced to relearn each protocol from scratch, and rebuild the same understanding independently. This raises the cost of every integration, locks users into official frontends that may not survive a downturn, and makes cross-protocol composability impractical.
This problem is about to get worse. The next wave of on-chain activity will come from AI agents executing workflows autonomously — but blockchain is uniquely susceptible to AI slop: a hallucinated transaction on-chain can move real assets irreversibly. For Cardano to capture agent-driven activity, its protocols need to be discoverable, understandable, and executable by agents through a shared interface layer — one where agents express intents that users can audit before signing, while the underlying transactions remain deterministic.
Tx3 is the framework that solves this. Each protocol is described once with a verified interface definition, from which the framework produces documentation, auto-generated SDKs in multiple languages, and live JSON-RPC endpoints. This proposal extends the framework with the agent layer: agent-first documentation, protocol skills packaging operations, and an MCP server that lets agents discover and call any published protocol directly.
Through Catalyst Fund 14, TxPipe has already put the developer layer into production with 5 protocols live on the [Tx3 Protocol Registry](https://tx3.land). This proposal funds 12 additional onboardings (3 per quarter) with full developer and agent coverage, and the development of the MCP server and skill framework as shared infrastructure for all protocols on the registry.
**Pillar 2 — Adoption & Utility:**
This proposal aligns to Pillar 2 through focus area A.3 (Developer Experience), specifically the open-source incentives area, which calls for incentivizing the maintenance of core Cardano SDKs, frameworks, and infrastructure.
Tx3 provides a standard, open-source interface to Cardano protocols — documentation, multi-language SDKs, and live RPC endpoints — removing the need for developers to reverse-engineer transaction patterns or depend on centralized infrastructure. Protocols such as Strike Finance, Indigo Protocol, VyFinance, Bodega Market, and Fluid Tokens are already accessible this way. Expanding protocol coverage and adding agent-facing infrastructure (MCP server, per-protocol tools, skills and LLM-structured documentation) ensures that Cardano protocols are accessible not only to developers but also to AI agents — positioning the ecosystem for the shift toward autonomous on-chain interaction.
**Pillar 4 — Community & Ecosystem Growth:**
This proposal also aligns to Pillar 4 through focus area C.2 (Global Engagement & Market Adoption), which calls for proactively demonstrating ecosystem value and building confidence with partners and users.
Cardano has real architectural strengths — a deterministic UTxO model, formal verification heritage, and a growing base of on-chain protocols — but these are difficult to communicate externally when the integration path remains complex and Cardano-specific. By making protocols agent-ready through standard interfaces, structured documentation, and an MCP server, Tx3 creates a concrete demonstration of Cardano as the most AI-compatible blockchain ecosystem. This lowers the barrier for skilled developers and businesses to engage with Cardano — they can interact with protocols using the same tools and patterns they already use, whether through SDKs or AI agents — and gives the ecosystem a differentiated, credible narrative in a market where every chain is competing for developer attention.
### Intersect Budget Process
This proposal achieved the required 67% support threshold during the 2026 Intersect Budget Process Hydra Voting phase and has therefore been advanced for on-chain Treasury Withdrawal Governance Action submission in accordance with the approved Budget Process Framework.
### Net Change Limit Compliance
The requested amount does not at time of submission, on its own or in aggregate, breach the applicable [350M Net Change Limit](https://explorer.cardano.org/governance-action/gov_action1m3xx08yv788vfxqh6nfvrjtvmqpwezsy0ggaczctkyjmttc2wmxsq4jsr7q) covering Epoch 613 to Epoch 713.
In accordance with the guardrail TREASURY-02a, this withdrawal does not exceed the NCL at the moment of submission.
### Audit & Oversight
Audit and oversight costs are included within the overhead applied to this proposal. The Intersect administration fee covers administrative oversight and is reflected within the cost of this proposal. Independent oversight will be provided through Intersect and technically capable third-party, including reporting obligations and milestone-based disbursement controls.
### Prior Treasury Funding Disclosure
TxPipe has received funding through 30 Project Catalyst proposals across Funds 9 through 14, of which 26 have been successfully delivered and 4 are currently under development and on schedule.
In addition, TxPipe received open-source maintenance funding through Intersect's 2025 budget cycle for Pallas, Dolos, and UTxO RPC, all of which are being delivered on schedule.
### Budget Summary
| Work Package | Total (ADA) |
|---|---|
| Open API Layer for Cardano Protocols | 1,635,000 |
| Intersect Budget Administration fee | 49,050 |
| **Total** | **1,684,050** |
### Intersect Budget Management Tooling
To administrate treasury funds on-chain, Intersect will utilize the treasury management smart contract framework developed by Sundae Labs. A new instance of these smart contracts has been deployed for 2026, mirroring the contracts from the 2025 budget cycle.
- The 2026 Treasury Reserve Smart Contract stake address: `stake1784sdxt6jjennmstphgdu7l7c2scf5d02a6cve2dgn5s2kq5u3j9v`
- The 2026 Treasury Reserve Smart Contract payment address: `addr1x84sdxt6jjennmstphgdu7l7c2scf5d02a6cve2dgn5s2k8tq6vh499n88hqkrwsmealas4psng674m4sej5638fq4vqmxs59w`
- The 2026 Project Specific Smart Contract payment address: `addr1x9d6k9z6t6fvsetj2djmerargk475lef9gfvshy4rwh4h7jm4v295h5jepjhy5m9hj86x3dtafljj2sjepwf2xa0t0aq048cay`
#### Specifics
Intersect will utilize a single Treasury Reserve Smart Contract (TRSC), with one Project-Specific Smart Contracts (PSSC). Intersect’s management consists of five ‘admin’ and three Intersect ‘leadership’ roles. An Oversight Committee consisting of six external, independent third-party entities will provide checks and balances on Intersect, and safeguard against errors and unilateral control. The administration of both TRSC and PSSC will be managed by Intersect, with external oversight on certain actions from the Oversight Committee.
The Oversight Committee consists of Sundae Labs, Cardano Foundation, Dquadrant, NMKR, Sundial and Eternl. Their role is to independently verify key administrative actions using on-chain logic, ensuring accuracy and consistency without exercising discretion over governance decisions.
For all details on Intersect’s configuration please see the [**Smart Contract Guide**](https://admin-services.docs.intersectmbo.org/governance/smart-contracts) on the knowledgebase.
The high level permissions are as follows:
* TRSC Fund and PSSC Modify
* Two of the five Intersect admins, two of the six trusted entities and one of the three Intersect leadership sign-off must authorize
* TRSC Disburse
* Two of five Intersect admins, three of six trusted entities and two of three Intersect leadership sign-off must authorize
* TRSC Pause and Resume
* Two of five Intersect admins, and one of three Intersect leadership sign-off must authorize
* TRSC Sweep
* One of five Intersect admins, and one of three Intersect leadership sign-off must authorize
* TRSC Reorganize
* Two of five Intersect admins and three of six trusted entities must authorize
#### Processes
Upon enactment of this governance action, funding for this project will be directed into the TRSC’s stake address. All instances of TRSC and PSSC can not be staked with a SPO and are delegated to the auto-abstain predefined DRep. From here funds will be withdrawn into a UTxO remaining at the TRSC payment address.
When the Legal contract is prepared and the vendor is ready, funding for this project will be transferred using the Fund action to the PSSC. All milestones will be outlined within the metadata.
A dashboard is available ([treasury.sundae.fi](https://treasury.sundae.fi/budgets/51486a2f1496d4d3a688a9b111971aa9b731ed045d900b601345ca4e)) for the community to audit the TRSC or PSSC and track metrics related to this withdrawn ada as well as being immutably verifiable on chain.