Input Output proposes a scaled-down Cardano vault budget to drive Leios mainnet upgrades.
CoinFeed reported on April 22 that, according to The Block, Input Output Global (IOG), the core developer of Cardano, submitted nine proposals to the Treasury for 2026, with overall funding requests "slightly lower than 50%" of last year's. The core of the proposals is the scaling and upgrade of the Leios mainnet, aiming to increase Cardano's monthly transaction volume from approximately 800,000 transactions to over 27 million. Leios is expected to enter the testnet in June and launch its mainnet before the end of the year. IOG plans to request 62.1 million ADA (approximately $15.8 million) for node upgrades, monitoring, and security maintenance. It also plans to allow users to pay transaction fees using non-ADA assets through Babel Fees, while exploring new economic models such as wallets charging small fees and Bitcoin staking credit and yield (Pogun proposal).