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Nearly 100 % throws through delegates

The cause of confidence

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The participation rate in breaking records was distinguished by the latest vote for governance in Kardano, as almost all symbols in the network contribute to the decision -making process.

For all numbers, the global input outputs (IOG) cto romain pellerin. 99.5 % Of the 4.657 billion ADA in a delegated share that was used to cast votes through the system of delegated actors on the network.

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Voting results indicate great support for the proposal

The collapse of voting showed decisive feelings of society. Of all the votes made, it was 76 % or 3.57 billion ADA for the proposed measure. Opposition was 918 million votes, while 169 million votes were not proven. The percentage is small – only 0.5 % of the delegated share – does not guarantee their voices.

This voting session is a milestone in what Cardano refers to the name “Voltaire Governance era”, which was named after the author of the French Enlightenment and the philosopher.

How does the liquid democracy model work in Cardano

According to network developers reports, Cardano has adopted a “liquid democracy” governance model that provides ADA owners flexibility in their participation. In this model, owners of the distinguished symbol can delegate their authority’s authority to representatives of the Commissioner (Dreps) while maintaining full control over their money.

The voting force is suitable for such representatives with the ADA amount that have been appointed. Ada holders are also not related to their decisions – they can sell voting rights whenever they want, thus maintaining continuous control of those who act on their behalf.

Dreps votes on all kinds of suggestions at the network level, starting with decisions to customize technical treasury boxes to the cabinet.

ADA market evaluation is currently at $ 25 billion. table: Tradingvief.com

It enables a fork fork back of full governance features

The governance function offered in this polls has become valid after the completion of the solid fork in January 2025. This network update enabled the basic functions of the Cardano governance system, such as withdrawing the cabinet, and making the role of Derees official in the ecological system.

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After this technical upgrade, ADA holders had a number of participation options. They were able to vote directly on the proposals, delegate their authority to vote to a group of their choice, refrain from voting in full, or making an official vote without confidence.

ADA prices last week. source: Coingecko

One of these considerations included in the design, highlighted by developers, as well as maintaining the rewards that have not changed for Ada holders who did not participate in governance activities. This practice reflects pre -thorn thorn, allowing the smooth transition to the new governance system.

The great demand for this initial initial vote indicates that the community has accepted the Kardano governance model, which combines representative vote with the freedom of work for the owners of the individual distinctive symbol.

At the time of writing this report, ADA was trading at $ 0.72, With an increase of 15 % In the past seven days, data from Coingecko has appeared.

Distinctive image from Moneycheck, the tradingvief chart

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