Cardano Foundation Governance Roadmap's First Milestone: Additional Delegation of 220 Million ADA to 11 Community Representatives
TechFlame
2026-01-20 14:57
TechFlame2026-01-20 14:57
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TechFlame News: The Cardano Foundation announced on platform X that it has completed the first milestone of its governance roadmap, delegating approximately 220 million ADA (around 20 million per person) to 11 new community representatives (DReps). The focus areas for these delegations are ecosystem adoption and operations, bringing the total amount of ADA delegated by the Foundation to community DReps to 360 million. Additionally, the Foundation will self-delegate the remaining approximately 171 million ADA to ensure all assets participate in governance.