How Cardano Crushed Voting Like a Pro (99.5% Turnout, Darling!)

by

Oh, Cardano, you audacious charmer! Imagine nearly every single one of your 4.6 billion ADA tokens sashaying to the ballot box like debutantes at their first ball. A near-perfect 99.5% turnout—simply smashing, isn’t it? 🎩✨

The esteemed Romain Pellerin, CTO extraordinaire of Input Output Global, revealed this jaw-dropping numerical ballet, where 4.657 billion ADA tokens sashayed their way through the Delegated Representatives system. Talk about social networking with style!

The Vote: The People Have Spoken (and They’re Mostly Agreeable)

With a flamboyant flourish, the community decided in favor with a whopping 76% (3.57 billion ADA) waving their banners. The opposition? A paltry 918 million votes, along with a modest 169 million reserved for a ‘no-confidence’ jig—because, why not add drama? Only 0.5% decided to play the wallflower.

This vote stands tall as a feathered hat upon Cardano’s “Voltaire governance era,” named after the French philosopher who no doubt would have admired this enlightened crowd participation. 🧐📜

#Cardano decentralized governance in action: 99.5% participation of ADA 4.657B delegated stake

— Romain Pellerin (@rom1_pellerin) April 25, 2025

Liquid Democracy: Like Champagne, It Effervesces and Gives You Freedom

Picture a governance cocktail stirred with a splash of flexibility: Cardano’s “liquid democracy” lets ADA holders tipple their voting power to trusted delegates (DReps), all while clutching their tokens close like precious vintage. 🍾

Liquid democracy explained

These DReps’ voting strength waltzes in proportion to the ADA they’ve been handed. And fear not fickleness; holders can swap voting rights on a whim, as effortlessly as one changes dancing partners at the Ritz. These delegates take their turns voting on everything from technical tweaks to the gold-dusted treasury spendings.

Governance charts

Recent Hard Fork: January’s Plomin update unlocked the full repertoire—treasury pulls and official DRep roles now on full display. Bravo!

BREAKING:

Cardano has recorded a staggering 99.5% voter turnout in its latest governance vote.

Making Cardano one of the most decentralized and actively engaged ecosystems in the world.

— TapTools (@TapTools) April 25, 2025

Now, ADA holders could strut to the polls themselves, pass their vote to a delegate, abstain to maintain mystique, or cast a dramatic vote of no confidence—because, darling, governance is theatre. 🎭

Governance participation

Fear not, the non-voters kept their rewards intact, a graceful nod to the old ways yet embracing the new—a smooth transition worthy of applause.

Such a splendid turnout suggests the community is absolutely smitten with this hybrid governance dance—representatives twirling with the freedom of individual choice. Bravo, Cardano, bravo!

Meanwhile, the market applauds too: ADA sashayed up 15% over the week to $0.72, per our friends at Coingecko.

Read More

2025-04-26 18:10