Cardano's core development team, Input Output Global (IOG), has secured a $71 million allocation from the treasury to fund major network upgrades over the next 12 months. The funding, approved with 74% support from the Cardano community, amounts to 96 million ADA and will focus on enhancing scalability, developer tools, and interoperability. Key projects under this initiative include the Hydra and Acropolis upgrades. The governance vote, which was closely contested, raised concerns among some community members regarding transparency, accountability, and the overall cost of the proposal. Despite these concerns, IOG and Cardano founder Charles Hoskinson have hailed the funding as a victory for the network's development roadmap.