Inout Output Company, a private engineering firm leading the development of Cardano, has significantly reduced its funding request from the community treasury for the new fiscal period. Although it is a core team behind the Cardano blockchain, the company announced plans to withdraw only $46.8 million from the treasury for 2026, roughly half the amount it requested last year of $97.5 million for 2025.

Main Projects: Lyus and Bogon
Most of the nine proposals for the Input and Output Initiative focus on enhancing Cardano’s transaction capabilities, particularly through upgrading the consensus system “Lyus.” Lyus is designed to raise network throughput to more than 1,000 transactions per second, making Cardano a strong competitor to Solana and the fastest layer-two solutions on Ethereum. Testing of Lyus is scheduled to begin in June, with full integration targeted by the end of the year.