{"id":41541,"date":"2025-04-30T07:48:50","date_gmt":"2025-04-29T22:48:50","guid":{"rendered":"https:\/\/sipo.tokyo\/?p=41541"},"modified":"2025-04-30T08:20:20","modified_gmt":"2025-04-29T23:20:20","slug":"post-41541","status":"publish","type":"post","link":"https:\/\/sipo.tokyo\/?p=41541","title":{"rendered":"\u30ab\u30eb\u30c0\u30ce2025\u5e74\u4e88\u7b97YES\u7968\u5206\u6790\u30ec\u30dd\u30fc\u30c8\uff1a2025\u5e744\u670830\u65e5\u6642\u70b9"},"content":{"rendered":"\n<div class=\"dp_toc_container pos-before_first_h allow-toggle\" role=\"navigation\" data-margin=\"30\"><p class=\"toc_title_block\"><span class=\"toc_title icon-list\">INDEX<\/span><span class=\"toc_toggle icon-up-open\" role=\"button\"><\/span><\/p><ul class=\"dp_toc_ul has_title\"><li><a href=\"#e382abe383abe38380e3838e2025e5b9b4e4ba88e7ae97yese7a5a8e58886e69e90e383ace3839de383bce38388efbc9a2025e5b9b44e69c8830e697a5e69982e782b9-1\">\u30ab\u30eb\u30c0\u30ce2025\u5e74\u4e88\u7b97YES\u7968\u5206\u6790\u30ec\u30dd\u30fc\u30c8\uff1a2025\u5e744\u670830\u65e5\u6642\u70b9<\/a><ul><li><a href=\"#1-e6a682e8a681-2\">1. \u6982\u8981<\/a><\/li><li><a href=\"#2-e382abe38386e382b4e383aae383bce588a5e4ba88e7ae97e58886e69e90-3\">2. \u30ab\u30c6\u30b4\u30ea\u30fc\u5225\u4e88\u7b97\u5206\u6790<\/a><\/li><li><a href=\"#3-ioge996a2e980a3e38397e383ade382b8e382a7e382afe38388e381a8e3819de381aee4bb96e381aee6af94e8bc83-4\">3. IOG\u95a2\u9023\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u3068\u305d\u306e\u4ed6\u306e\u6bd4\u8f03<\/a><\/li><li><a href=\"#4-e4ba88e7ae97e8a68fe6a8a1e588a5e38397e383ade382b8e382a7e382afe38388e58886e5b883-5\">4. \u4e88\u7b97\u898f\u6a21\u5225\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u5206\u5e03<\/a><\/li><li><a href=\"#5-e38388e38383e3839710e38397e383ade382b8e382a7e382afe38388efbc88e98791e9a18de38399e383bce382b9efbc89-6\">5. \u30c8\u30c3\u30d710\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\uff08\u91d1\u984d\u30d9\u30fc\u30b9\uff09<\/a><\/li><li><a href=\"#6-e59cb0e59f9fe688a6e795a5e38397e383ade382b8e382a7e382afe38388e381aee58886e69e90-7\">6. \u5730\u57df\u6226\u7565\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u306e\u5206\u6790<\/a><\/li><li><a href=\"#7-e68a95e7a5a8e38391e382bfe383bce383b3e3818be38289e8a68be3828be3808ce382abe383abe38380e3838e2-0e3808de381b8e381aee8a8ade8a888e59bb3-8\">7. \u6295\u7968\u30d1\u30bf\u30fc\u30f3\u304b\u3089\u898b\u308b\u300c\u30ab\u30eb\u30c0\u30ce2.0\u300d\u3078\u306e\u8a2d\u8a08\u56f3<\/a><ul><li><a href=\"#7-1-e3808ce68989e381aee59091e38193e38186e581b4e3808de381b8e381aee7a7bbe8a18ce688a6e795a5-9\">7.1 \u300c\u6249\u306e\u5411\u3053\u3046\u5074\u300d\u3078\u306e\u79fb\u884c\u6226\u7565<\/a><\/li><li><a href=\"#7-2-e68a80e8a193e79a84e584aae58588e4ba8be9a085e381a8e7a4bee4bc9ae79a84e5ae9fe8a385e381aee38390e383a9e383b3e382b9-10\">7.2 \u6280\u8853\u7684\u512a\u5148\u4e8b\u9805\u3068\u793e\u4f1a\u7684\u5b9f\u88c5\u306e\u30d0\u30e9\u30f3\u30b9<\/a><\/li><\/ul><\/li><li><a href=\"#8-e7b590e8ab96efbc9ae58886e695a3e59e8be69687e6988ee381aeose381a8e38197e381a6e381aee382abe383abe38380e3838e-11\">8. \u7d50\u8ad6\uff1a\u5206\u6563\u578b\u6587\u660e\u306eOS\u3068\u3057\u3066\u306e\u30ab\u30eb\u30c0\u30ce<\/a><\/li><\/ul><\/div><h2 class=\"wp-block-heading deb-block deb-block-30a040f\" id=\"e382abe383abe38380e3838e2025e5b9b4e4ba88e7ae97yese7a5a8e58886e69e90e383ace3839de383bce38388efbc9a2025e5b9b44e69c8830e697a5e69982e782b9-1\">\u30ab\u30eb\u30c0\u30ce2025\u5e74\u4e88\u7b97YES\u7968\u5206\u6790\u30ec\u30dd\u30fc\u30c8\uff1a2025\u5e744\u670830\u65e5\u6642\u70b9<\/h2>\n\n\n\n<p class=\"deb-block deb-block-a24d8fe\"><strong>SIPO DRep\u306b\u3088\u308b\u6295\u7968\u6226\u7565\u3068\u8cc7\u91d1\u914d\u5206\u306e\u8a73\u7d30\u5206\u6790<\/strong><br><strong><em>\uff0a\u73fe\u5728\u6295\u7968\u4e2d\u306e\u305f\u3081\u3001\u4eca\u5f8c\u6295\u7968\u7d50\u679c\u306f\u3001\u7de0\u3081\u5207\u308a\uff085\u67085\u65e5\uff09\u307e\u3067\u306b\u5909\u66f4\u3055\u308c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/em><\/strong><\/p>\n\n\n\n<p class=\"deb-block deb-block-1a11eaa\">\u95a2\u9023\u8a18\u4e8b<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-sipo wp-block-embed-sipo deb-block deb-block-20422c6\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"W5QsuAXtom\"><a href=\"https:\/\/sipo.tokyo\/?p=41500\">\u300e\u6249\u306e\u5411\u3053\u3046\u300f\u306b\u9032\u3080\u305f\u3081\u306b\u2500\u2500SIPO DRep\u300c2025 Cardano Budget Reconciliation\u300d\u6295\u7968\u306e\u8ad6\u7406\u30682025\u5e74\u306e\u5206\u6563\u578b\u6587\u660e\u3078\u306e\u8a2d\u8a08\u56f3\uff1a\u30cb\u30e5\u30fc\u30b9\u52d5\u5411 &amp; \u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u72b6\u6cc1 in \u30a8\u30dd\u30c3\u30af554<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;\u300e\u6249\u306e\u5411\u3053\u3046\u300f\u306b\u9032\u3080\u305f\u3081\u306b\u2500\u2500SIPO DRep\u300c2025 Cardano Budget Reconciliation\u300d\u6295\u7968\u306e\u8ad6\u7406\u30682025\u5e74\u306e\u5206\u6563\u578b\u6587\u660e\u3078\u306e\u8a2d\u8a08\u56f3\uff1a\u30cb\u30e5\u30fc\u30b9\u52d5\u5411 &amp; \u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u72b6\u6cc1 in \u30a8\u30dd\u30c3\u30af554&#8221; &#8212; SIPO\" src=\"https:\/\/sipo.tokyo\/?p=41500&#038;embed=true#?secret=A8BnEeYnBx#?secret=W5QsuAXtom\" data-secret=\"W5QsuAXtom\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large has-custom-border deb-block deb-block-f465122\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"585\" src=\"https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/04\/13-1-1024x585.png\" alt=\"\" class=\"has-border-color has-aaaaaa-border-color wp-image-41550\" srcset=\"https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/04\/13-1-1024x585.png 1024w, https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/04\/13-1-300x171.png 300w, https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/04\/13-1-768x439.png 768w, https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/04\/13-1-1536x878.png 1536w, https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/04\/13-1-450x257.png 450w, https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/04\/13-1-900x514.png 900w, https:\/\/sipo.tokyo\/wp-content\/uploads\/2025\/04\/13-1.png 1792w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-3c72efe\" id=\"1-e6a682e8a681-2\">1. \u6982\u8981<\/h4>\n\n\n\n<p class=\"deb-block deb-block-4e441bd\">SIPO\u306eDRep\u6295\u7968\uff08ID: drep1yffld2866p00cyg3ejjdewtvazgah7jjgk0s9m7m5ytmmdq33v3zh\uff09\u306b\u304a\u3051\u308b2025\u5e74\u30ab\u30eb\u30c0\u30ce\u4e88\u7b97\u306eYES\u7968\uff08\u8cdb\u6210\u7968\uff09\u3092\u5206\u6790\u3057\u305f\u7d50\u679c\u3092\u5831\u544a\u3057\u307e\u3059\u3002\u7dcf\u4e88\u7b97\u984d280,985,685 ADA\u306e\u914d\u5206\u306b\u3064\u3044\u3066\u3001\u30ab\u30c6\u30b4\u30ea\u30fc\u5225\u30fb\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u5225\u306e\u5185\u8a33\u3092\u660e\u3089\u304b\u306b\u3057\u3001\u6295\u7968\u30d1\u30bf\u30fc\u30f3\u304b\u3089\u8aad\u307f\u53d6\u308c\u308b\u6226\u7565\u7684\u610f\u56f3\u3092\u8003\u5bdf\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-block deb-block-f47087d\">\u57fa\u672c\u30c7\u30fc\u30bf<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-0e9e9de\">\n<li class=\"\"><strong>\u7dcf\u4e88\u7b97\u984d<\/strong>: 280,985,685 ADA<\/li>\n\n\n\n<li class=\"\"><strong>\u5bfe\u8c61\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u6570<\/strong>: 67\u4ef6<\/li>\n\n\n\n<li class=\"\"><strong>\u6295\u7968\u529b<\/strong>: 137,917,834 ADA<\/li>\n\n\n\n<li class=\"\"><strong>\u5168\u6295\u7968\u5185\u8a33<\/strong>: \u8cdb\u621054\u4ef6\uff0829.5%\uff09\u3001\u53cd\u5bfe126\u4ef6\uff0868.9%\uff09\u3001\u68c4\u6a293\u4ef6\uff081.6%\uff09<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-46d172f\" id=\"2-e382abe38386e382b4e383aae383bce588a5e4ba88e7ae97e58886e69e90-3\">2. \u30ab\u30c6\u30b4\u30ea\u30fc\u5225\u4e88\u7b97\u5206\u6790<\/h4>\n\n\n\n<p class=\"deb-block deb-block-3695a15\">\u4e88\u7b97\u3092\u30ab\u30c6\u30b4\u30ea\u30fc\u5225\u306b\u5206\u985e\u30fb\u96c6\u8a08\u3057\u305f\u7d50\u679c\u3001\u4ee5\u4e0b\u306e\u914d\u5206\u304c\u660e\u3089\u304b\u306b\u306a\u308a\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<figure class=\"wp-block-table deb-block deb-block-24ea41a\"><table class=\"has-fixed-layout\"><thead><tr><th>\u30ab\u30c6\u30b4\u30ea\u30fc<\/th><th>\u91d1\u984d (ADA)<\/th><th>\u5272\u5408 (%)<\/th><\/tr><\/thead><tbody><tr><td>\u30b3\u30a2\u958b\u767a<\/td><td>107,887,402<\/td><td>38.40%<\/td><\/tr><tr><td>\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u6210\u9577<\/td><td>75,644,000<\/td><td>26.92%<\/td><\/tr><tr><td>\u6280\u8853\u7814\u7a76<\/td><td>28,952,347<\/td><td>10.30%<\/td><\/tr><tr><td>RWA\u30fb\u8cc7\u7523\u30c8\u30fc\u30af\u30f3\u5316<\/td><td>16,150,000<\/td><td>5.75%<\/td><\/tr><tr><td>\u30b9\u30c6\u30fc\u30d6\u30eb\u30b3\u30a4\u30f3\u30fb\u91d1\u878d<\/td><td>7,666,667<\/td><td>2.73%<\/td><\/tr><tr><td>\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u30fb\u30a4\u30d9\u30f3\u30c8<\/td><td>7,272,033<\/td><td>2.59%<\/td><\/tr><tr><td>\u6280\u8853\u30a4\u30f3\u30d5\u30e9<\/td><td>6,923,697<\/td><td>2.46%<\/td><\/tr><tr><td>AI\u30fb\u5148\u7aef\u6280\u8853<\/td><td>5,100,000<\/td><td>1.82%<\/td><\/tr><tr><td>\u30e6\u30fc\u30b6\u30fc\u30a8\u30af\u30b9\u30da\u30ea\u30a8\u30f3\u30b9<\/td><td>4,000,000<\/td><td>1.42%<\/td><\/tr><tr><td>\u30a6\u30a9\u30ec\u30c3\u30c8\u30fb\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3<\/td><td>3,231,800<\/td><td>1.15%<\/td><\/tr><tr><td>\u5730\u57df\u6226\u7565<\/td><td>3,055,550<\/td><td>1.09%<\/td><\/tr><tr><td>\u30ac\u30d0\u30ca\u30f3\u30b9<\/td><td>2,934,445<\/td><td>1.04%<\/td><\/tr><tr><td>\u30b9\u30b1\u30fc\u30e9\u30d3\u30ea\u30c6\u30a3<\/td><td>2,902,096<\/td><td>1.03%<\/td><\/tr><tr><td>\u76f8\u4e92\u904b\u7528\u6027<\/td><td>2,521,526<\/td><td>0.90%<\/td><\/tr><tr><td>\u30de\u30fc\u30b1\u30c6\u30a3\u30f3\u30b0<\/td><td>2,119,333<\/td><td>0.75%<\/td><\/tr><tr><td>\u305d\u306e\u4ed6<\/td><td>4,624,789<\/td><td>1.65%<\/td><\/tr><tr><td><strong>\u5408\u8a08<\/strong><\/td><td><strong>280,985,685<\/strong><\/td><td><strong>100%<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"deb-block deb-block-807ea7a\">\u4e3b\u306a\u6d1e\u5bdf<\/p>\n\n\n\n<ol class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-2315da9\">\n<li class=\"\"><strong>\u6280\u8853\u958b\u767a\u3078\u306e\u91cd\u70b9\u6295\u8cc7<\/strong>: \u30b3\u30a2\u958b\u767a\u3068\u6280\u8853\u7814\u7a76\u3060\u3051\u3067\u5168\u4f53\u306e\u7d0448.7%\uff08\u7d041\u51043,700\u4e07ADA\uff09\u3092\u5360\u3081\u3066\u304a\u308a\u3001\u6280\u8853\u57fa\u76e4\u3078\u306e\u6295\u8cc7\u3092\u6700\u512a\u5148\u3057\u3066\u3044\u308b\u3053\u3068\u304c\u660e\u78ba<\/li>\n\n\n\n<li class=\"\"><strong>\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u6210\u9577\u652f\u63f4<\/strong>: \u4e88\u7b97\u306e\u7d0427%\uff08\u7d047,600\u4e07ADA\uff09\u304c\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u6210\u9577\u306b\u914d\u5206\u3055\u308c\u3001\u6280\u8853\u958b\u767a\u3068\u4e26\u3076\u91cd\u8981\u5206\u91ce<\/li>\n\n\n\n<li class=\"\"><strong>\u5b9f\u7528\u7684\u30a2\u30d7\u30ea\u30b1\u30fc\u30b7\u30e7\u30f3\u91cd\u8996<\/strong>: RWA\u30fb\u8cc7\u7523\u30c8\u30fc\u30af\u30f3\u5316\uff085.75%\uff09\u3084\u30b9\u30c6\u30fc\u30d6\u30eb\u30b3\u30a4\u30f3\u30fb\u91d1\u878d\uff082.73%\uff09\u306a\u3069\u3001\u5b9f\u969b\u306e\u30e6\u30fc\u30b9\u30b1\u30fc\u30b9\u306b\u7e4b\u304c\u308b\u5206\u91ce\u3078\u306e\u6295\u8cc7\u304c\u76ee\u7acb\u3064<\/li>\n\n\n\n<li class=\"\"><strong>\u76f8\u4e92\u904b\u7528\u6027\u3068\u30b9\u30b1\u30fc\u30e9\u30d3\u30ea\u30c6\u30a3<\/strong>: \u7b2c\u4e09\u4e16\u4ee3\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u306e\u7279\u5fb4\u3067\u3042\u308b\u76f8\u4e92\u904b\u7528\u6027\u3068\u30b9\u30b1\u30fc\u30e9\u30d3\u30ea\u30c6\u30a3\u306b\u5408\u308f\u305b\u3066\u7d041.9%\uff08\u7d04540\u4e07ADA\uff09\u3092\u914d\u5206<\/li>\n<\/ol>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-228c352\" id=\"3-ioge996a2e980a3e38397e383ade382b8e382a7e382afe38388e381a8e3819de381aee4bb96e381aee6af94e8bc83-4\">3. IOG\u95a2\u9023\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u3068\u305d\u306e\u4ed6\u306e\u6bd4\u8f03<\/h4>\n\n\n\n<p class=\"deb-block deb-block-a5c3a8b\">SIPO\u306e\u6295\u7968\u304c\u300cIOG\u4e3b\u5c0e\u300d\u304b\u3089\u300c\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u4e3b\u5c0e\u300d\u3078\u306e\u79fb\u884c\u671f\u306b\u3042\u308b\u89b3\u70b9\u304b\u3089\u5206\u6790\u3059\u308b\u3068\uff1a<\/p>\n\n\n\n<figure class=\"wp-block-table deb-block deb-block-a9e651c\"><table class=\"has-fixed-layout\"><thead><tr><th>\u533a\u5206<\/th><th>\u4e88\u7b97\u984d (ADA)<\/th><th>\u5272\u5408 (%)<\/th><\/tr><\/thead><tbody><tr><td>IOG\u95a2\u9023\u30d7\u30ed\u30b8\u30a7\u30af\u30c8<\/td><td>193,124,080<\/td><td>68.73%<\/td><\/tr><tr><td>\u305d\u306e\u4ed6\u30d7\u30ed\u30b8\u30a7\u30af\u30c8<\/td><td>87,861,605<\/td><td>31.27%<\/td><\/tr><tr><td><strong>\u5408\u8a08<\/strong><\/td><td><strong>280,985,685<\/strong><\/td><td><strong>100%<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"deb-block deb-block-34764ad\">\u8003\u5bdf<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-751c366\">\n<li class=\"\">\u7d0469%\u304cIOG\u95a2\u9023\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u306b\u914d\u5206\u3055\u308c\u3066\u304a\u308a\u3001\u307e\u3060\u30ab\u30eb\u30c0\u30ce1.0\u306e\u6280\u8853\u57fa\u76e4\u3092\u7d99\u627f\u30fb\u5f37\u5316\u3059\u308b\u6bb5\u968e\u306b\u3042\u308b<\/li>\n\n\n\n<li class=\"\">\u4e00\u65b9\u3067\u3001\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u4e3b\u5c0e\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u3078\u3082\u5168\u4f53\u306e\u7d0431%\uff08\u7d048,800\u4e07ADA\uff09\u304c\u914d\u5206\u3055\u308c\u3066\u304a\u308a\u3001\u5206\u6563\u5316\u3078\u306e\u30b7\u30d5\u30c8\u304c\u59cb\u307e\u3063\u3066\u3044\u308b<\/li>\n\n\n\n<li class=\"\">\u3053\u308c\u306f\u300c\u30ec\u30ac\u30b7\u30fc\u3092\u53d7\u3051\u7d99\u304e\u3064\u3064\u3082\u3001\u65b0\u305f\u306a\u81ea\u5f8b\u5206\u6563\u578b\u306e\u65b9\u5411\u3078\u9032\u3080\u300d\u3068\u3044\u3046\u30db\u30b9\u30ad\u30f3\u30bd\u30f3\u6c0f\u306e\u793a\u3057\u305f\u65b9\u5411\u6027\u3068\u4e00\u81f4<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-92f09dc\" id=\"4-e4ba88e7ae97e8a68fe6a8a1e588a5e38397e383ade382b8e382a7e382afe38388e58886e5b883-5\">4. \u4e88\u7b97\u898f\u6a21\u5225\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u5206\u5e03<\/h4>\n\n\n\n<p class=\"deb-block deb-block-a7300c5\">\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u306e\u898f\u6a21\u3068\u6570\u306e\u30d0\u30e9\u30f3\u30b9\u3092\u5206\u6790\u3059\u308b\u3068\u3001\u4ee5\u4e0b\u306e\u3088\u3046\u306a\u5206\u5e03\u306b\u306a\u3063\u3066\u3044\u307e\u3059\uff1a<\/p>\n\n\n\n<figure class=\"wp-block-table deb-block deb-block-e90874c\"><table class=\"has-fixed-layout\"><thead><tr><th>\u4e88\u7b97\u7bc4\u56f2<\/th><th>\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u6570<\/th><th>\u5272\u5408 (%)<\/th><\/tr><\/thead><tbody><tr><td>100\u4e07ADA\u672a\u6e80<\/td><td>46<\/td><td>63.89%<\/td><\/tr><tr><td>100\u4e07\u301c500\u4e07ADA<\/td><td>19<\/td><td>26.39%<\/td><\/tr><tr><td>500\u4e07\u301c1000\u4e07ADA<\/td><td>3<\/td><td>4.17%<\/td><\/tr><tr><td>1000\u4e07\u301c5000\u4e07ADA<\/td><td>2<\/td><td>2.78%<\/td><\/tr><tr><td>5000\u4e07ADA\u4ee5\u4e0a<\/td><td>2<\/td><td>2.78%<\/td><\/tr><tr><td><strong>\u5408\u8a08<\/strong><\/td><td><strong>72<\/strong><\/td><td><strong>100%<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"deb-block deb-block-60fe50d\">\u6d1e\u5bdf<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-199787b\">\n<li class=\"\"><strong>\u5c11\u6570\u306e\u5927\u898f\u6a21\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u3068\u591a\u6570\u306e\u5c0f\u898f\u6a21\u30d7\u30ed\u30b8\u30a7\u30af\u30c8<\/strong>: \u6295\u7968\u30d1\u30bf\u30fc\u30f3\u306f\u300c\u91cd\u70b9\u7684\u306a\u57fa\u5e79\u6295\u8cc7\u300d\u3068\u300c\u591a\u69d8\u306a\u5b9f\u9a13\u7684\u53d6\u308a\u7d44\u307f\u300d\u306e\u30d0\u30e9\u30f3\u30b9\u3092\u793a\u3057\u3066\u3044\u308b<\/li>\n\n\n\n<li class=\"\"><strong>\u9577\u671f\u7684\u8996\u70b9<\/strong>: \u5927\u898f\u6a21\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u3078\u306e\u6295\u8cc7\u306f\u3001\u30ab\u30eb\u30c0\u30ce\u306e\u30b3\u30a2\u6280\u8853\u3068\u57fa\u76e4\u5f37\u5316\u3068\u3044\u3046\u9577\u671f\u7684\u8996\u70b9\u3092\u53cd\u6620<\/li>\n\n\n\n<li class=\"\"><strong>\u30a4\u30ce\u30d9\u30fc\u30b7\u30e7\u30f3\u306e\u5206\u6563\u5316<\/strong>: \u5c0f\u898f\u6a21\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u306e\u591a\u3055\u306f\u3001\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306e\u591a\u69d8\u6027\u3068\u5b9f\u9a13\u7684\u53d6\u308a\u7d44\u307f\u306e\u91cd\u8981\u6027\u3092\u793a\u5506<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-6e4d1e6\" id=\"5-e38388e38383e3839710e38397e383ade382b8e382a7e382afe38388efbc88e98791e9a18de38399e383bce382b9efbc89-6\">5. \u30c8\u30c3\u30d710\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\uff08\u91d1\u984d\u30d9\u30fc\u30b9\uff09<\/h4>\n\n\n\n<figure class=\"wp-block-table deb-block deb-block-1dfdc32\"><table class=\"has-fixed-layout\"><thead><tr><th>#<\/th><th>\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u540d<\/th><th>\u30ab\u30c6\u30b4\u30ea\u30fc<\/th><th>\u4e88\u7b97\u984d (ADA)<\/th><th>\u5272\u5408 (%)<\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>2025 Input Output Engineering Core Development Proposal<\/td><td>\u30b3\u30a2\u958b\u767a<\/td><td>96,817,080<\/td><td>34.46%<\/td><\/tr><tr><td>2<\/td><td>Catalyst 2025 Proposal by Input Output<\/td><td>\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u6210\u9577<\/td><td>69,459,000<\/td><td>24.72%<\/td><\/tr><tr><td>3<\/td><td>Input Output Research (IOR): Cardano Vision &#8211; Work Program 2025<\/td><td>\u6280\u8853\u7814\u7a76<\/td><td>26,848,000<\/td><td>9.55%<\/td><\/tr><tr><td>4<\/td><td>TWEAG&#8217;s Proposals for multiple core budget projects<\/td><td>\u30b3\u30a2\u958b\u767a<\/td><td>11,070,322<\/td><td>3.94%<\/td><\/tr><tr><td>5<\/td><td>Cardano Summit 2025 and regional tech events<\/td><td>\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u30fb\u30a4\u30d9\u30f3\u30c8<\/td><td>6,000,000<\/td><td>2.14%<\/td><\/tr><tr><td>6<\/td><td>First Regulated &amp; Licensed RWA Exchange on Cardano (DigiFT)<\/td><td>RWA\u30fb\u8cc7\u7523\u30c8\u30fc\u30af\u30f3\u5316<\/td><td>6,000,000<\/td><td>2.14%<\/td><\/tr><tr><td>7<\/td><td>OSC Budget Proposal &#8211; Paid Open Source Model<\/td><td>\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u6210\u9577<\/td><td>5,885,000<\/td><td>2.09%<\/td><\/tr><tr><td>8<\/td><td>Comprehensive A.I. and DeFAI Infrastructure for Cardano<\/td><td>AI\u30fb\u5148\u7aef\u6280\u8853<\/td><td>4,200,000<\/td><td>1.49%<\/td><\/tr><tr><td>9<\/td><td>Unlocking 10%+ Yield: Bringing Real-World Assets with InsurToken<\/td><td>RWA\u30fb\u8cc7\u7523\u30c8\u30fc\u30af\u30f3\u5316<\/td><td>4,150,000<\/td><td>1.48%<\/td><\/tr><tr><td>10<\/td><td>Expanding Stablecoin \/ Cardano Native Asset Support \/ Fiat Ramps<\/td><td>\u30b9\u30c6\u30fc\u30d6\u30eb\u30b3\u30a4\u30f3\u30fb\u91d1\u878d<\/td><td>4,000,000<\/td><td>1.42%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"deb-block deb-block-f6f9470\">\u5206\u6790<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-69e2bef\">\n<li class=\"\"><strong>\u4e0a\u4f4d3\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u306e\u96c6\u4e2d\u5ea6<\/strong>: \u30c8\u30c3\u30d73\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u3060\u3051\u3067\u5168\u4f53\u306e\u7d0468.7%\uff08\u7d041.93\u5104ADA\uff09\u3092\u5360\u3081\u3066\u304a\u308a\u3001\u4e88\u7b97\u306e\u96c6\u4e2d\u5ea6\u304c\u975e\u5e38\u306b\u9ad8\u3044<\/li>\n\n\n\n<li class=\"\"><strong>\u30b3\u30a2\u958b\u767a\u306e\u512a\u5148<\/strong>: \u4e0a\u4f4d4\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u4e2d2\u3064\uff081\u4f4d\u30684\u4f4d\uff09\u304c\u30b3\u30a2\u958b\u767a\u30ab\u30c6\u30b4\u30ea\u30fc\u3067\u3042\u308a\u3001\u30d7\u30ed\u30c8\u30b3\u30eb\u30ec\u30d9\u30eb\u306e\u6280\u8853\u57fa\u76e4\u5f37\u5316\u3092\u91cd\u8996<\/li>\n\n\n\n<li class=\"\"><strong>\u591a\u69d8\u306a\u5206\u91ce\u3078\u306e\u914d\u5206<\/strong>: 5\u4f4d\u4ee5\u4e0b\u306f\u3001RWA\u3001\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u30a4\u30d9\u30f3\u30c8\u3001AI\u6280\u8853\u3001\u30b9\u30c6\u30fc\u30d6\u30eb\u30b3\u30a4\u30f3\u306a\u3069\u591a\u69d8\u306a\u5206\u91ce\u306b\u5206\u6563<\/li>\n\n\n\n<li class=\"\"><strong>\u5b9f\u7528\u6027\u91cd\u8996<\/strong>: \u30c8\u30c3\u30d710\u4e2d\u3001\u5b9f\u7528\u6027\u306b\u76f4\u7d50\u3059\u308b\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\uff08RWA\u3001\u30b9\u30c6\u30fc\u30d6\u30eb\u30b3\u30a4\u30f3\u306a\u3069\uff09\u304c\u8907\u6570\u542b\u307e\u308c\u308b\u70b9\u304c\u7279\u5fb4\u7684<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-88b3d99\" id=\"6-e59cb0e59f9fe688a6e795a5e38397e383ade382b8e382a7e382afe38388e381aee58886e69e90-7\">6. \u5730\u57df\u6226\u7565\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u306e\u5206\u6790<\/h4>\n\n\n\n<p class=\"deb-block deb-block-f78c69e\">\u30ab\u30eb\u30c0\u30ce\u306e\u5730\u57df\u5c55\u958b\u6226\u7565\u3068\u3057\u3066\u6ce8\u76ee\u3055\u308c\u308b\u5730\u57df\u5225\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u306e\u5185\u8a33\u306f\u4ee5\u4e0b\u306e\u901a\u308a\u3067\u3059\uff1a<\/p>\n\n\n\n<figure class=\"wp-block-table deb-block deb-block-df79909\"><table class=\"has-fixed-layout\"><thead><tr><th>\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u540d<\/th><th>\u4e88\u7b97\u984d (ADA)<\/th><th>\u5272\u5408 (%)<\/th><\/tr><\/thead><tbody><tr><td>ADA\/USDA Liquidity Improvement in Africa<\/td><td>984,000<\/td><td>0.35%<\/td><\/tr><tr><td>Cardano Community Hub in Africa (Nigeria, Kenya, Cameroon)<\/td><td>971,050<\/td><td>0.35%<\/td><\/tr><tr><td>Cardano Institutional Hub in KSA (Saudi Arabia)<\/td><td>630,500<\/td><td>0.22%<\/td><\/tr><tr><td>AIRA: Japanese government local currencies<\/td><td>470,000<\/td><td>0.17%<\/td><\/tr><tr><td><strong>\u5408\u8a08<\/strong><\/td><td><strong>3,055,550<\/strong><\/td><td><strong>1.09%<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"deb-block deb-block-cae7ec0\">\u8003\u5bdf<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-322bfb7\">\n<li class=\"\"><strong>\u30a2\u30d5\u30ea\u30ab\u91cd\u8996<\/strong>: \u5730\u57df\u6226\u7565\u4e88\u7b97\u306e\u7d0464%\u304c\u30a2\u30d5\u30ea\u30ab\u95a2\u9023\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u306b\u914d\u5206\u3055\u308c\u3066\u304a\u308a\u3001\u30ab\u30eb\u30c0\u30ce\u306e\u300c\u30a2\u30d5\u30ea\u30ab\u6226\u7565\u300d\u306e\u91cd\u8981\u6027\u3092\u53cd\u6620<\/li>\n\n\n\n<li class=\"\"><strong>\u65e5\u672c\u306eAIRA\u30d7\u30ed\u30b8\u30a7\u30af\u30c8<\/strong>: \u65e5\u672c\u306e\u5730\u65b9\u81ea\u6cbb\u4f53\u3068\u306e\u9023\u643a\u306b\u3088\u308b\u5730\u57df\u901a\u8ca8\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u3078\u306e\u6295\u8cc7\u306f\u3001\u5148\u9032\u56fd\u306b\u304a\u3051\u308b\u5b9f\u7528\u7684\u306a\u793e\u4f1a\u5b9f\u88c5\u30e2\u30c7\u30eb\u3068\u3057\u3066\u6ce8\u76ee<\/li>\n\n\n\n<li class=\"\"><strong>\u6226\u7565\u7684\u512a\u5148\u5730\u57df<\/strong>: \u4e2d\u6771\uff08\u30b5\u30a6\u30b8\u30a2\u30e9\u30d3\u30a2\uff09\u3001\u30a2\u30d5\u30ea\u30ab\u3001\u30a2\u30b8\u30a2\uff08\u65e5\u672c\uff09\u3068\u3044\u3046\u5730\u653f\u5b66\u7684\u306b\u91cd\u8981\u306a3\u5730\u57df\u3078\u306e\u96c6\u4e2d\u6295\u8cc7\u306b\u3088\u308a\u3001\u30b0\u30ed\u30fc\u30d0\u30eb\u5c55\u958b\u306e\u62e0\u70b9\u3092\u6226\u7565\u7684\u306b\u69cb\u7bc9<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading deb-block deb-block-d78a187\" id=\"7-e68a95e7a5a8e38391e382bfe383bce383b3e3818be38289e8a68be3828be3808ce382abe383abe38380e3838e2-0e3808de381b8e381aee8a8ade8a888e59bb3-8\">7. \u6295\u7968\u30d1\u30bf\u30fc\u30f3\u304b\u3089\u898b\u308b\u300c\u30ab\u30eb\u30c0\u30ce2.0\u300d\u3078\u306e\u8a2d\u8a08\u56f3<\/h4>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-c3eb6e0\" id=\"7-1-e3808ce68989e381aee59091e38193e38186e581b4e3808de381b8e381aee7a7bbe8a18ce688a6e795a5-9\">7.1 \u300c\u6249\u306e\u5411\u3053\u3046\u5074\u300d\u3078\u306e\u79fb\u884c\u6226\u7565<\/h5>\n\n\n\n<p class=\"deb-block deb-block-3524a22\">SIPO\u306e\u6295\u7968\u30d1\u30bf\u30fc\u30f3\u304b\u3089\u8aad\u307f\u53d6\u308c\u308b\u6226\u7565\u7684\u610f\u56f3\u306f\u3001\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u307e\u3068\u3081\u3089\u308c\u307e\u3059\uff1a<\/p>\n\n\n\n<ol class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block deb-block-fe9fe58\">\n<li class=\"\"><strong>\u6280\u8853\u57fa\u76e4\u306e\u5f37\u5316<\/strong>: \u5168\u4f53\u4e88\u7b97\u306e\u7d0448.7%\u304c\u300c\u30b3\u30a2\u958b\u767a\u300d\u3068\u300c\u6280\u8853\u7814\u7a76\u300d\u306b\u914d\u5206\u3055\u308c\u3066\u304a\u308a\u3001\u5805\u56fa\u306a\u57fa\u76e4\u69cb\u7bc9\u3092\u6700\u512a\u5148<\/li>\n\n\n\n<li class=\"\"><strong>\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u80b2\u6210<\/strong>: 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class=\"\"><strong>\u5730\u57df\u6226\u7565\u306e\u591a\u69d8\u5316<\/strong>: \u30a2\u30d5\u30ea\u30ab\u3001\u4e2d\u6771\u3001\u65e5\u672c\u306a\u3069\u5730\u57df\u3054\u3068\u306e\u30e6\u30fc\u30b9\u30b1\u30fc\u30b9\u958b\u767a\u3092\u652f\u63f4<\/li>\n<\/ol>\n\n\n\n<h5 class=\"wp-block-heading deb-block deb-block-7419377\" id=\"7-2-e68a80e8a193e79a84e584aae58588e4ba8be9a085e381a8e7a4bee4bc9ae79a84e5ae9fe8a385e381aee38390e383a9e383b3e382b9-10\">7.2 \u6280\u8853\u7684\u512a\u5148\u4e8b\u9805\u3068\u793e\u4f1a\u7684\u5b9f\u88c5\u306e\u30d0\u30e9\u30f3\u30b9<\/h5>\n\n\n\n<p class=\"deb-block deb-block-57aba37\">\u3053\u306e\u6295\u7968\u30d1\u30bf\u30fc\u30f3\u306f\u3001\u300c\u6280\u8853\u3068\u793e\u4f1a\u306e\u30d0\u30e9\u30f3\u30b9\u300d\u3068\u3044\u3046\u89b3\u70b9\u304b\u3089\u30ab\u30eb\u30c0\u30ce\u306e\u672a\u6765\u50cf\u3092\u793a\u3057\u3066\u3044\u307e\u3059\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-block 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