Dquadrant has been chosen by Intersect as one of the five independent organizations to provide check and balances on governance withdrawals to strengthen transparency and accountability.
Below are the five organizations that provide check and balances on the treasure withdrawals executed by Intersect as administrator.
- Sundae Labs
- Xerberus
- NMKR
- Dquadrant
- Cardano Foundation
These withdrawals are executed by a smart contract framework created by Sundae Labs. All individual projects, milestones and budget to be extracted on a completed milestone need to be defined within this framework.
Next an approval has to be given that everything is correct.
Next an approval has to be given that everything is correct.
The approval is given by a majority of these organizations and Intersect via multi-sig after check and balances are done.
A high responsible task for every individual organization. Each of them was chosen with care by Intersect on basis of their technical knowledge and capabilities, credibility and their contributions to Cardano.
At Dquadrant we are honored and proud with this seat in the Oversight Committee. This is the result of our teams hard and dedicated work over the last 5+ years within the Cardano ecosystem.
