Input Output, the engineering firm behind Cardano, has reduced its funding request for 2026 to $46.8 million from $97.5 million last year, as it seeks to phase out reliance on community funds. The proposals focus on enhancing Cardano's transaction capacity and integrating Bitcoin-based decentralized finance, with voting on the proposals open until May 24.
Input Output, the engineering company behind Cardano, has significantly reduced its funding request for 2026 to $46.8 million, half of last year's request, as it plans to phase out reliance on community funds. This strategic move focuses on scaling Cardano's transaction capacity and integrating Bitcoin-based DeFi, signaling a shift towards self-sustainability and opening opportunities for smaller, specialized engineering teams to participate in Cardano's development. For someone tracking decentralized finance and blockchain innovation, this transition could indicate potential investment or partnership opportunities with emerging teams in the Cardano ecosystem.