- 본 재무부 인출은 TxPipe의 Oura를 지원하기 위한 것임: Cardano의 이벤트 파이프라인 유지보수.

- 본 재무부 인출은 벤더를 대신하여 Intersect가 제출했음.

- 초록, 동기 및 근거 섹션의 내용은 Intersect 예산 절차의 일환으로 벤더가 제출하여 승인된 제안서에서 발췌했음.

■ 주석
*Treasury Withdrawal: 재무부 인출
***Intersect: Cardano 생태계 지원 기관

- 금액: 420,000 ₳ (105,000 ₳ 예비비 포함), 제출처: Intersect 재무부 절차

- 본 제안서는 12개월 동안 연간 105,000 USD의 비용으로 Oura(https://github.com/txpipe/oura)의 파트타임 유지보수 담당자를 지원하기 위해 420,000 ₳(105,000 ₳의 비상 예비비 포함)를 요청함.

- Oura는 기능 개발을 위해 Project Catalyst(Fund 9 및 Fund 13)를 통해 두 차례 자금을 지원받았으며, 본 제안서는 Intersect의 재무부 절차를 통해 지속적인 유지보수 범위를 확보하고자 함.

- Oura는 Cardano 노드에 연결하여 블록체인 이벤트를 모니터링하고, 일치하는 패턴을 처리 가능한 출력으로 라우팅하는 Rust 기반 파이프라인 도구임.

- N2C, N2N, S3, Mithril, UTxO RPC 등 다양한 데이터 소스와 Kafka, Elasticsearch, AWS Lambda/S3/SQS, RabbitMQ, Redis, SQL 데이터베이스, 웹훅 등 광범위한 싱크를 지원함.

- Oura는 Pallas 라이브러리를 기반으로 구축되었으며 최소한의 리소스 점유율을 갖도록 설계되어 프로덕션 인프라부터 저사양 환경까지 적합함.

- 654개의 커밋, 288개의 스타, 79개의 포크, 58명의 기여자를 보유한 Oura는 TxPipe 포트폴리오에서 가장 많은 스타를 받은 프로젝트이며 Cardano 생태계 내 오픈소스 협업의 강력한 사례임.

- 프로젝트는 완전히 오픈소스로 유지되며 개발자 커뮤니티의 기여를 적극 환영함.

- 유지보수 담당자의 업무는 Oura가 모든 하류 사용자에게 유용하고 신뢰할 수 있으며 최신 상태로 유지되도록 세 가지 영역으로 구성됨: 의존성 업데이트, Cardano 프로토콜 호환성, 성능 개선, 버그 수정 및 문서화를 포함한 코드베이스의 필수 유지보수.

- 이슈 분류, 외부 기여 검토, 생태계 피드백에 따른 개선 사항 및 개발자 커뮤니티와의 공개 소통을 포함한 커뮤니티 지원.

- 유지보수 범위의 중요한 추가 사항으로, AI 친화적인 문서 및 통합 리소스를 제공하여 AI 기반 개발 워크플로우와의 Oura 호환성을 향상시키는 데 집중할 예정임.

■ 주석
*ADA: 에이다 토큰
*Rust: 프로그래밍 언어
*****UTxO RPC: 미사용 트랜잭션 출력 원격 프로시저 호출

- 금액: 540,750 ₳, 제출처: 2026 Intersect 예산 절차

- Oura는 Pillar 2의 초점 영역 A.3(개발자 경험), 특히 오픈소스 모범 사례에 따라 핵심 Cardano SDK, 프레임워크 및 인프라의 유지보수를 장려하는 오픈소스 인센티브 영역에 부합함.

- Oura는 Cardano 블록체인 이벤트를 처리하기 위한 즉시 사용 가능한 파이프라인을 제공하며, 노드 통신, 이벤트 파싱 및 데이터 라우팅의 복잡성을 처리하여 개발자가 맞춤형 파이프라인 구축 대신 애플리케이션 로직에 집중하게 함.

- 본 제안서는 2026 Intersect 예산 절차 Hydra 투표 단계에서 67%의 지지 임계값을 달성하여 승인된 예산 절차 프레임워크에 따라 온체인 재무부 인출 거버넌스 조치 제출로 진행되었음.

- 요청된 금액은 제출 시점에 Epoch 613부터 Epoch 713까지 적용되는 350M ₳ 순 변경 한도를 초과하지 않음.

- 가드레일 TREASURY-02a에 따라 본 인출은 제출 시점에 순 변경 한도를 초과하지 않음.

- 감사 및 감독 비용은 본 제안서에 적용된 간접비에 포함되어 있으며, Intersect 관리 수수료가 이를 충당함.

- TxPipe는 Fund 9부터 14까지 30개의 Project Catalyst 제안을 통해 자금을 지원받았으며, 그중 26개는 성공적으로 완료되었고 4개는 현재 일정대로 개발 중임.

- 또한 TxPipe는 Intersect의 2025년 예산 주기를 통해 Pallas, Dolos 및 UTxO RPC에 대한 오픈소스 유지보수 자금을 지원받았으며 모두 일정대로 진행 중임.

- 예산 요약: WP1(Oura 유지보수 및 개선) 525,000 ₳, Intersect 관리 수수료 15,750 ₳, 총계 540,750 ₳.

- Intersect는 Sundae Labs가 개발한 재무 관리 스마트 컨트랙트 프레임워크를 활용하며, 2026년을 위한 새로운 인스턴스가 배포되었음.

- 감독 위원회는 Sundae Labs, Cardano Foundation, Dquadrant, NMKR, Sundial 및 Eternl로 구성되며, 거버넌스 결정에 대한 재량권 행사 없이 온체인 로직을 사용하여 주요 관리 조치를 독립적으로 검증함.

- 거버넌스 조치가 발효되면 프로젝트 자금은 TRSC의 스테이킹 주소로 전달됨.

- 모든 TRSC 및 PSSC 인스턴스는 SPO와 스테이킹할 수 없으며 자동 기권(auto-abstain) DRep에 위임됨.

- 법적 계약이 준비되고 벤더가 준비되면 자금은 Fund 조치를 사용하여 PSSC로 이전됨.

■ 주석
*Pillar: 전략적 핵심 분야
*Epoch: Cardano 네트워크의 시간 단위
*TRSC: 재무부 예비비 스마트 컨트랙트
*SPO: 스테이크 풀 운영자

This Treasury Withdrawal funds Oura by TxPipe: Maintaining Cardano’s Event Pipeline.

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.

This proposal requests 420,000 ADA (plus a 105,000 ADA contingency reserve) to fund **a part-time maintainer for Oura** ([https://github.com/txpipe/oura](https://github.com/txpipe/oura)) over 12 months at an annual rate of $105,000 USD. Oura has been funded twice through Project Catalyst (Fund 9 and Fund 13) for feature development, and this proposal seeks to establish sustained maintenance coverage through Intersect's treasury process.

Oura is a Rust-native pipeline tool that connects to Cardano nodes, monitors blockchain events, and routes matching patterns to pluggable outputs for processing. It supports multiple data sources (N2C, N2N, S3, Mithril, UTxO RPC) and a wide range of sinks (Kafka, Elasticsearch, AWS Lambda/S3/SQS, RabbitMQ, Redis, SQL databases, webhooks, and others). Oura is built on the Pallas library and designed for minimal resource footprint, making it suitable for environments ranging from production infrastructure to low-resource setups.

With 654 commits, 288 stars, 79 forks, and 58 contributors, Oura is the most starred project in the TxPipe portfolio and stands as a strong example of open-source collaboration in the Cardano ecosystem. The project remains fully open-source and actively welcomes contributions from the broader developer community.

The maintainer's work is organized across three areas, to ensure Oura remains usable, reliable, and up to date for every downstream user that depends on it:

- Essential maintenance of the codebase, including dependency updates, Cardano protocol compatibility, performance improvements, bug fixing and documentation.
- Community support includes issue triage, review of external contributions, enhancements driven by ecosystem feedback, and public communication with the developer community.
- And as an important addition to the maintenance scope, we'll focus on upgrading Oura compatibility with AI-driven development workflows by providing AI-friendly documentation and integration resources.

### Strategic Pillar Alignment

Oura 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 in line with open-source best practices.

Oura provides a ready-made pipeline for processing Cardano blockchain events, supporting a wide range of data sources and output sinks. By handling the complexity of node communication, event parsing, and data routing, Oura allows developers and infrastructure operators to focus on their application logic rather than building custom blockchain data pipelines. It is used across the ecosystem for indexing, monitoring, analytics, and real-time event processing. Maintaining Oura ensures the continued reliability and performance of a key open-source tool in the Cardano developer and infrastructure ecosystem.

### 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) |
|---|---|
| WP1 - Oura Maintenance and Enhancement | 525,000 |
| Intersect Budget Administration fee | 15,750 |
| **Total** | **540,750** |

### 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.