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Cardano Treasury Voting Passes Developer Experience Program, Support Rate 67.9%

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ME News Report, May 27 (UTC+8), according to AdaStat data, the Cardano Developer Experience Initiative has been officially approved through treasury voting. The proposal, which requests treasury withdrawals related to developer tools and onboarding, received 67.90% approval votes, approximately 3.72 billion ADA votes in favor, with about 1.76 billion ADA votes against, and an opposition rate of 32.10%. The proposal is supported by IO Global, and after the vote passes, related ecosystem development work will officially proceed. This governance vote coincides with Cardano founder Charles Hoskinson publicly focusing on advancing ADA and the privacy blockchain platform Midnight. (Source: ChainCatcher)
ADA-0.99%
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DaoDoorKeeper
· 3h ago
IO Global support is expected; after all, they rely on this for their livelihood.
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ViewingBullAndBearMarketsFromA
· 3h ago
The treasury funds developer experience, which is more practical than just throwing money to manipulate the market.
View OriginalReply0
PatinaTradingBell
· 3h ago
Will Hoskinson's shift to focus on Midnight cause the developer program to become an orphaned project?
View OriginalReply0
QuantumLittleTomato
· 3h ago
67.9% is quite stable, but there are also 1.76 billion ADA in opposition votes, indicating that the community still has disagreements.
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GateUser-cf218ace
· 3h ago
The approval votes just crossed 2/3, and that ratio is a bit tricky.
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MetalKeyInsomnia
· 3h ago
Midnight and ADA fight on two fronts—do the founders have enough energy to handle both?
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BittersweetArb
· 3h ago
The toolchain has been around for so many years, and we're still working on onboarding; the ecosystem really lacks people.
View OriginalReply0
PerpNightRunner
· 3h ago
With 3.7 billion votes in the vote vault, Cardano’s governance participation is indeed feasible
View OriginalReply0

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