Cardano Multi Asset Treasury (CMAT)

A community initiative to enable Cardano's on-chain treasury to hold multiple asset types beyond ADA.

Overview

Cardano's on-chain treasury currently holds funds in ADA only. This creates challenges for proposers who must budget in a volatile currency while their actual costs are denominated in stable fiat values.

CMAT aims to introduce multi-asset support to the treasury, allowing it to receive, hold, and distribute a wide range of Cardano Native Tokens including stablecoins and other assets.

Motivation

• Funding Predictability: Proposers face exchange rate risk when budgeting in ADA
• Treasury Sustainability: Diversification reduces exposure to single-asset volatility
• Economic Opportunities: Enables strategic holdings, asset donations, and cross-chain partnerships

Resources

Resource	Link
CPS-0023 (Draft)	GitHub PR #1103
Forum Post	Cardano Forum
HackMD Draft	CPS Draft

Roadmap

Ideation (Complete)

• Forum post published
• CPS-0023 submitted

Design (In Progress)

• Ambassador workshop session
• Cardano Summit Day0 workshop and roundtable
• CIP development

Implementation (Upcoming)

• Info action submission
• Constitution updates
• Hard fork initiation

Repository Structure

cmat/
├── README.md           # This file
├── metadata.json       # Project metadata for website
├── discussions/        # Community discussions and feedback
└── minutes/            # Meeting minutes

Authors

• Hinson Wong (@HinsonSIDAN)
• Felix Weber
• Nicolas Cerny

License

CC-BY-4.0