Cardano Constitution Ratified—A New Era of On-Chain Governance Begins - Crypto News Flash

• Cardano has ratified its first official constitution with 85% approval, replacing the interim version and establishing a new governance framework to guide its future.
• Hoskinson emphasized that the Constitution was developed over two years through extensive discussions and input from more than 1,800 participants spanning 50 countries.

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Cardano founder Charles Hoskinson announced in a video broadcast that the Cardano Constitution has been officially ratified, replacing its interim version that was introduced in June 2024. The decision followed a successful community vote, with an 85% approval, while 6.62% opposed and 7.68% abstained. 

The new Constitution is set to be fully enacted on February 23, 2025, marking a significant step in Cardano’s transition into a self-governing, decentralized network. 

Charles Hoskinson congratulated the Cardano community on this historic achievement, highlighting the high level of collaboration and participation that contributed to the Constitution’s formation. He noted that the process involved 65+ workshops focused on governance discussions, over 1,800 participants actively contributing, and a dedicated Constitutional Convention where key decisions were finalized.

Expressing his pride in the community’s efforts, Hoskinson stated:

This is a special broadcast I’m very proud to make. Allow me to be one of the first to congratulate the entire Cardano ecosystem for reaching the ratification threshold for the Constitution.

What’s Next for Cardano Governance?

Although the vote has been finalized, the Constitution will be “locked in” at the next epoch change, a technical mechanism that ensures on-chain finalization. However, Cardano’s governance transformation is far from over.

Hoskinson outlined the next crucial steps following the Constitution’s ratification, including finalizing the product roadmap to define Cardano’s strategic direction, approving the project’s budget to allocate resources for future growth, and replacing the interim Constitutional Committee with new governance members to further decentralization.

He described Cardano’s governance evolution:

That means Cardano is basically a government, a living thing.

He also stressed that this is just the beginning, as the governance framework is designed to evolve over time, stating, “Because we’ve done this, we’ve now created a proof point we can do it again.” With the Constitution in place, Cardano’s decentralization is stronger than ever, supported by over 108,000 delegators actively participating in governance. Hoskinson reaffirmed that Cardano is now “unstoppable,” functioning without a single point of failure.

This vision became a reality with the successful implementation of The Chang Hard Fork in September 2024, an upgrade that facilitated the transition to the Cardano Constitution. This hard fork marked a major shift from Cardano’s centralized governance model to a token-based decentralized system.

Building on this milestone, Cardano further strengthened its decentralized governance with the launch of the Plomin Hard Fork. As we reported, Plomin’s activation fulfills Charles Hoskinson’s long-term vision of handing over the network’s governance entirely to its community.

Following the announcement, ADA saw a slight decline, currently trading at $0.7646. Trading volumes also dropped by 6.50%, settling at $837 million. Despite this short-term dip, the long-term outlook for ADA remains strong as the network moves into a fully decentralized governance model.

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