Cardano Summit 2026 Canceled as Treasury Funding Proposal Falls Short of Vote Threshold

ADA-1.43%
According to Foresight News, Cardano Foundation's proposal to fund the 2026 Cardano Summit failed an on-chain vote, with 65.21% DRep (Delegated Representative) support falling short of the required 66.67% threshold. The revised proposal sought 7.8 million ADA (approximately $2 million) to host the event on October 5-6 in Singapore, which is now canceled.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments