According to official governance proposal, Toto Finance has requested 22 million ADA (approximately $5 million) on October 16 to establish Cardano Strategic Copper Reserve. Of the total request, approximately 14.72 million ADA (66.9%) would purchase COMEX Grade 1 copper cathodes, with remaining funds covering storage, insurance, audits, and operations.

Under the proposal, copper would be purchased at approximately $6.73 per pound and require a 49.4% price increase to approximately $10.06 to recover the treasury's full expenditure. Voting remains open until November 15. Approval would consume approximately 51.6% of Cardano's remaining 42.6 million ADA spending allowance through July 2027, leaving limited capacity for other treasury-funded initiatives.

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