Cardano governance hits a wall as treasury reaches 91% cap
Summary
Cardano has about 42.6 million ADA of withdrawal authority left under its 500 million ADA treasury limit for epochs 613–713, despite holding roughly 1.38 billion ADA. Enacted withdrawals total 457.4 million ADA. A proposed 22 million ADA Copper Reserve request remains unratified, but if approved in full it would consume over half the remaining allowance, leaving about 20.6 million ADA for other requests. Treasury inflows and returned funds do not restore withdrawal capacity because the limit tracks gross enacted withdrawals. DReps can prioritize or reduce proposals, defer spending, or agree to a new limit. Already allocated funds can continue supporting programs without further withdrawals.
