Cardano Avoids a Governance Crisis at The Last Moment
Cardano (
@cardano) has avoided a potential governance disruption after its committee renewal vote crossed both thresholds.
DReps backed the update with 71.4% support, while SPO support reached 56.3%.
Four committee seats are set to expire at the end of Epoch 653. However, the vote secures new terms for four committee members.
Without the renewal, Cardano’s committee would have dropped to three members.
The outcome keeps governance functions running, but exposes participation concerns.