4.1 ADA to USD Conversion Rate
Please specify the rate used for all USD estimations in this proposal. This helps DReps understand the approximate dollar value of your budget.
1 ADA = $0.2 USD4.2 Work Packages
One proposal may include one or multiple work packages or work streams. Provide details for each one below.
Work Package #1
Name
Provide a short, descriptive name for this unit of work (e.g. “WP1 – Node Performance Improvements”).
[Work package name]High-Level Description
Describe the main activities and, where relevant, the key outputs or deliverables. Give reviewers enough context to understand what this work covers, without requiring a detailed delivery plan.
[Your answer here](max 10,000 characters)
Core Objectives
Describe the objectives of this Work Package. List each objective separately and focus on outcomes or improvements, rather than tasks or activities.
[Your answer here](max 10,000 characters)
Expected Value — Why does this matter to Cardano?
Describe what will change or improve for Cardano as a result of this work package, and why that change justifies the investment.
[Your answer here](max 4,000 characters)
Success Metrics
Provide one or more metrics that demonstrate whether the expected value has been achieved. Metrics may be qualitative or quantitative.
[Your answer here](max 4,000 characters)
Initiative Type
[ ] New initiative
[ ] Continuation of an existing initiativePrimary Nature of Work
[ ] Technical
[ ] Non-technicalMilestones
Break this Work Package into milestones or delivery phases.
Milestone #1
| Field | Details |
|---|---|
| Milestone Name | (e.g. “Milestone 1 – Design Approval”) |
| Deliverables | Describe concrete outputs (reports, code, documentation, audits, etc.) |
| Acceptance Criteria | Objective conditions that must be met for approval / payment |
| Estimated Duration | [ ] weeks |
(Repeat the milestone block above for each additional milestone)
Budget Breakdown — Work Package #1
Breakdown your estimated budget into the appropriate categories. Provide context so DReps can understand why each item is added and how it is calculated.
| Cost Category | Resources (Labor) | Item Description | Quantity | Unit Cost (ADA) | Total Cost (ADA) |
|---|---|---|---|---|---|
(Repeat the row above for each budget item)
Supporting Materials
Link any relevant documentation, diagrams, technical specifications, or additional context that supports this Work Package.
[Links or descriptions here](Repeat Section 4.2 for each additional Work Package)