CandleFocus Cardano Achieves Major Governance Milestone With 6 Billion ADA
2025-02-04
Author: Content Editor
Cardano's decentralized governance has reached a milestone with over six billion ADA delegated to Delegated Representatives (dReps). This marks a step towards a more community-driven decision-making process. A total of 779 dReps have registered, representing 27% of the staked supply, and 193 have voted on the current Constitution Update governance action. The implementation of dReps allows ADA holders to delegate their voting power and participate in the decentralized governance system. Delegation does not restrict spending or selling, and staking rewards continue to accumulate.
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