Cardano Committee Renewal Clears Threshold by Narrow Margin
Non-voting stake nearly blocked constitutional committee renewal.
Non-voting stake nearly blocked constitutional committee renewal.
CryptoSlate posted that Cardano’s committee renewal cleared the SPO threshold by just 0.18 percentage points. The close result came from non-voting stake where billions of ADA held by pools that never cast a ballot still counted against passage. The linked source from the same account describes the pre-boundary vote and notes that non-participating SPO stake can weigh against renewal even without an explicit No. The accompanying article headline states Cardano clears key voting thresholds for constitutional committee renewal by 0.18% margin. Coverage focuses on the mechanics of the constitutional committee renewal vote.
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Non-voting stake nearly blocked constitutional committee renewal.
CryptoSlate posted that Cardano’s committee renewal cleared the SPO threshold by just 0.18 percentage points. The close result came from non-voting stake where billions of ADA held by pools that never cast a ballot still counted against passage. The linked source from the same account describes the pre-boundary vote and notes that non-participating SPO stake can weigh against renewal even without an explicit No. The accompanying article headline states Cardano clears key voting thresholds for constitutional committee renewal by 0.18% margin. Coverage focuses on the mechanics of the constitutional committee renewal vote.