Five treasury proposals from Input Output Global remain below the required approval threshold, while a separate research proposal continues to face strong opposition.
The Cardano community has approved four treasury proposals submitted by Input Output Global, the development company closely associated with the Cardano blockchain. The update indicates progress in Cardano’s on-chain governance process, in which community members evaluate funding requests tied to ecosystem development. Despite those approvals, five additional Input Output Global treasury proposals were still below the approval threshold ahead of the May 24 deadline. A separate research proposal from the company was also still facing strong opposition, showing that community support remains selective rather than automatic.