Intersect CoinCeylon x Sri Lanka Hub retweeted
Jun 13
Weekend reading is served ☕️
This week's Intersect Weekly Update is out now.
Inside:
🔹 van Rossem hard fork readiness
🔹 Record participation in the 2026 budget vote
🔹 Constitutional Committee election updates
🔹 Constitutional Amendment Process moves toward public testing
🔹 Live governance action updates
🔹 What's on next week
If you're looking to catch up on governance, development, and ecosystem news this weekend, we've got you covered. 👇
intersectmbo.org/news/inters…
#Cardanocommunity
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TecConcept retweeted
Jun 13
The Mainnet Plutus Cost Model update has been ratified on June 13, 2026 at 21:45 UTC.
Enactment: June 18, 2026 at 21:4 UTC
REMINDER for DApps and developers to test their setups on Preview/Preprod ahead of Mainnet enactment to ensure that they aren't negatively impacted by any cost model changes.
While the newly introduced primitives do not take effect until after the hard fork, existing cost models will be updated at the enactment of the parameter update action on June 18.
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Here was something that was supported by other members, before being watered down to irrelevance👇
x.com/phillewisit/status/205…
I would be interested in hearing what you are working on.
May 6
Mid last year this document was circulated internally within @IntersectMBO, with feedback from different members on the wording incorporated.
docs.google.com/document/d/1…
The idea was to publish this to get input from all members about how they want their MBO to contribute to #Cardano.
Sadly, the focus of these questions were watered down into a larger end of year questionnaire, so no meaningful insights were obtained.
@JBriggsLondon and the board (@AdamRusch @OfficialKavinda @M3RSEE @RareRandCorp) could you please advise when some attention will be given to members needs, rather than focusing on trying to service the entire Cardano ecosystem?
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“get to work changing it” - 🤨
I’ve trying for more than a year
Jun 13
I have been trying to resolve issues internally for more than 12 months. Originally trying to address them when I was on the Intersect Steering Committee. I even formed an Intersect Governance Working Group, to try and bring members voices into internal decision making.
The Board and Executive clearly have no interest in engaging on this, so I have had to resort to executing broader member rights. I would prefer not to have to take this kind of action.
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11h
Convenience without dependency. 🎯
The path to mainstream adoption isn't more complexity—it's better UX. Innovations like this help bridge everyday users into decentralized systems.
Well worth a repost.
@GameChagerOK @IntersectMBO @Cardano_CF @IntersectCPC
#cardano2030
👀 4 argentineans went to a bar last night. It was really cold and late. They were hungry. Survival was at stake.
The 4 pulled their mobile QR code scanner apps and aimed at this heavily-damaged QR code sticker on the table to order something and avoid starvation and hypothermia.
Only the Cardano app succeded scanning the QR, on first try.
True story.
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fiekry retweeted
Jun 12
Hydra Voting for the Cardano 2026 Budget Process facilitated by Intersect is now complete.
More than 5 billion ₳ of voting power participated, around 85% of all active DRep stake.
That's over 100 DReps giving their votes to Cardano, with participation levels exceeding the 2025 budget cycle.
Thank you to everyone who submitted proposals, asked questions, provided feedback, voted, and helped strengthen the process.
🔍 Next: Independent audit (15–19 June)
📊 Then: Audited results, consolidation, and on-chain submission preparation
Governance in action. Thank you, Cardano.
hydra-voting.intersectmbo.or…
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Time to bury the hatchet, put egos aside, forget the past and work even closer together @IOGroup @emurgo_io @Cardano_CF @phillip_pon @IOHK_Charles @IntersectMBO.
The future is now!
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OYSTR Pool | Midnight | Cardano | Apex Fusion retweeted
Jun 13
The Rewards Sharing Scheme v2 ballot by the Cardano Incentives Working Group is currently running on Ekklesia.
Voting closes: June 15, 2026 at 3PM UTC.
DReps or SPOs you are eligible to vote on these proposals. Details in quoted post.
app.ekklesia.vote/ballots/69…
May 6
The Rewards Sharing Scheme v2 ballot by the Cardano Incentives Working Group is now live on Ekklesia!
If you are a dRep or SPO you are eligible to vote on these proposals.
See the thread below for the link and for more information
👇🧵
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So then get to work changing it? I am in there now attempting it, I think we have completely nailed the problem. Give me a solution and lets change the way this mbo operates ya?
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The second screenshot is wrong, there's more changes to V1 and V2. And it's not just CPU either.
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The government part has to be centralized for the decentralization to work. With remuneration for work done (CC, DReps,…), and bodies elected by representatives. Been saying this for years.
The cracks materialize slowly…
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Jun 14
Thanks mate 🙏
It is just really disappointing that it has had to come to this. In a very principled ecosystem, expectations around member rights should be pretty obvious.
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Jun 14
I support your decision
I would understand a month or two of inaction from their part due to lacking experience, resource shortage or something similar, but this definitely sounds like they will only provide the answers they're obligated to do if you force them to do so
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Whosh77 ☀️ retweeted
Jun 13
As an @IntersectMBO member, I am currently seeking legal advice regarding member rights under the Wyoming Nonprofit Corporation Act and Intersect’s governing documents.
More than 12 months ago, I requested access to the Intersect members register (as permitted under the Act) for the purpose of contacting other members and seeking support to call a Special Members Meeting. Despite multiple follow-ups, I have not been provided access to that register.
My intention was to call a Special Members Meeting to consider a member resolution regarding the purpose of Intersect, its role within the #Cardano ecosystem, and how the organisation should operate in the future.
I am also concerned that the 2025 Annual Members Meeting may not have been conducted in accordance with Intersect’s Bylaws. In particular, I question whether members were provided a properly constituted meeting with a fixed meeting time, an opportunity to discuss the business and affairs of the corporation, and the ability to raise and vote on resolutions.
There have also been allegations that some members may have had their membership suspended without the due process required under the Intersect Bylaws. Article II, Section 8 provides that the Board may suspend or expel a member for cause only after an appropriate hearing and not less than 15 days’ written notice to the member.
If these allegations are accurate, this raises serious governance concerns and may itself warrant a Special Members Meeting so the Board can respond directly to members.
This is not about individuals. It is about governance, accountability, transparency, and ensuring that a member-based organisation operates in accordance with its governing documents and applicable law.
Member-based organisations derive their legitimacy from their members. Meaningful member participation requires more than membership fees and annual updates - it requires enforceable rights, transparency, and accountability.
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𝗩𝗜𝗩𝗜。𝗖𝗔𝗥𝗗𝗔𝗡𝗢 𝗣𝗢𝗢𝗟 ≽^•⩊•^≼ retweeted
With the @IntersectMBO Cardano Budget Process coming to a close, don’t forget to vote for the remaining open on-chain proposals!
- Treasury withdrawals
- Parameter changes
- Info actions
They all need your DRep attention! We’ve made some updates to cardanoconnect.io to make your life a little bit easier 💪
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