NewsBTC

26 April 2025

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Cardano Achieves 99.5% Voter Turnout in Latest Governance Vote

Cardano's recent governance vote saw a record 99.5% participation from the delegated stake of 4.657 billion ADA, as reported by Input Output Global (IOG) CTO Romain Pellerin.

Vote Results

• 76% (3.57 billion ADA) supported the proposed measure.
• Opposition totaled 918 million votes.
• No-confidence votes accounted for 169 million ADA.
• Only 0.5% of the delegated stake abstained from voting.

This event marks a significant moment in Cardano's "Voltaire governance era."

Liquid Democracy Model

Cardano employs a "liquid democracy" model allowing ADA holders to delegate their voting rights to Delegated Representatives (DReps) while maintaining control of their funds. DReps' voting power corresponds to the ADA they are assigned, and holders can sell their voting rights at any time.

The Plomin hard fork, completed in January 2025, enabled full governance features, including treasury withdrawals and formalizing the role of DReps.

Participation Options

ADA holders can:

• Vote directly on proposals.
• Delegate their voting power to a preferred DRep.
• Abstain from voting.
• Cast a formal vote of no confidence.

The high voter turnout reflects community acceptance of this governance model. Currently, ADA is trading at $0.72, with a 15% increase over the past week.