hash algorithm: blake2b-256
body:
  summary: We have determined that this treasury withdrawal governance action is constitutional.
  rationale statement: The governance action with ID "gov_action1w0shrfxqwv95kk0v4cn34wylz25a2cmqkq5jpc0e2yrahhqava3qwt8k9fx" and title "Blockfrost: Maintenance and Next Generation Indexing" is a Treasury Withdrawal, and is therefore subject to the following sections and guardrails in the Cardano Constitution. ARTICLE II, Section 6 of the Cardano Constitution states that governance actions must follow a standardized and legible format, including a URL hosting an immutable document and a corresponding hash, and must provide sufficient rationale including a title, abstract, justification, and supporting materials. This governance action includes a valid URL and hash, which matches the hash of the off-chain documentation referenced. The rationale also meets the minimum content specified in this section. ARTICLE II, Section 7 specifies that Treasury Withdrawal governance actions must include the following: 1\. Purpose, Delivery Period, Costs, and Refund Conditions This governance action specifies: - The purpose of the withdrawal as "This proposal funds two components: Project Cayley ($1,000,000) to build the next-generation indexing architecture, and an operational subsidy ($900,000) to maintain the free-tier infrastructure that Blockfrost has funded entirely on its own since inception." - Under the heading "Deliverables" the period for delivery of the proposed activities is between Q2 2026 and Q4 2026 - The relevant costs and expenses under the heading "Budget Allocation" - The circumstances under which funds may be refunded to the Cardano Treasury as "All funds not disbursed by the end of the delivery period will be returned to the Cardano Treasury. A final reconciliation will be published as part of the oversight reporting cycle. In the event of partial delivery or scope reduction, unspent funds associated with cancelled or reduced deliverables will be returned proportionally." These elements fulfil the requirements of Article II, Section 7(1). 2\. Prior Treasury Funding Disclosure ARTICLE…
  precedent discussion: None
  counterargument discussion: None
  conclusion: This governance action sufficiently fulfils the criteria specified for treasury withdrawals in the Cardano Constitution, so is deemed constitutional.
  internal vote:
    constitutional: 5
    unconstitutional: 0
    abstain: 2
    did not vote: 0
authors:
  name: Eastern Cardano Council
  witness:
    witness algorithm: ed25519