5d ago· 02 JulOther, Tokenomics

Catalyst Transfer Complete

High8.0

Description

Project Catalyst completes stewardship transfer to the Cardano Foundation, executing a treasury donation of 19,498,234 ADA and cancelling the Fund16 & RPGF smart contract to return 21,000,000 ADA to the Cardano Treasury.

Why it matters

Cardano's Project Catalyst treasury is formally handed to the Cardano Foundation, with 19.5M ADA donated and 21M ADA returned to the Treasury from a cancelled Fund16/RPGF contract. The move consolidates Catalyst under Foundation stewardship and increases the Treasury's uncommitted reserve, shifting governance control and tightening the path for future ecosystem allocations. It is a firm, specific execution of a previously signaled transition rather than a new value driver for ADA.

Proof

Source
x.com
Added to CoinMarketCal
02 Jul 2026
Last updated
5 days ago