Proposed stewards could influence assessments while DReps retain spending votes and a direct funding route awaits its allocation.

Cardano’s proposed 2027 budget process would let three institutions help design how funding requests are assessed while remaining eligible to seek money from the same spending domains.

The proposed Cardano Ecosystem Budget Process, or CEBP, published by Intersect on Oct. 28, would assign stewardship roles to Intersect, PRAGMA and the Cardano Foundation across six areas of spending. Delegated representatives, or DReps, would retain approval of the stewards, budget distribution and every treasury withdrawal. The institutions’ influence would come earlier, through the plans and assessment processes that help shape those votes.

For independent applicants, the balance depends on how conflicts are handled and how much funding remains available through Open Contributions, a proposed route that would let anyone approach DReps without a steward. The published framework leaves that route’s allocation and common procedures for assessing steward-related funding unspecified.

In its Oct. 30 update, Intersect said feedback remained open ahead of a tentative Nov. 10 submission of the overall concept. The process would run as a trial in 2027 only if DReps approve.

Each proposed steward would help develop its domain’s strategy, recommend a dollar-denominated budget cap in coordination with other stewards, and define how applications are collected and assessed. It could submit proposals itself or support others in bringing them to an on-chain vote.

Delivery oversight would also depend on the structure chosen for each proposal. The framework allows different arrangements, from teams retaining their own administration to more coordinated delivery contracts.

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