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Cexplorer

06/01/2024

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The Role of the Constitution Committee in Cardano Governance

Delegated Representatives (DReps) are endowed with the exclusive right to cast votes on all governance actions.

The Role of the Constitution Committee in Cardano Governance

Delegated Representatives (DReps) are endowed with the exclusive right to cast votes on all governance actions. This authority places them in a uniquely influential role, unmatched by any other governance entity. 

Alongside DReps and Staking Pool Operators (SPOs), there will be present the Constitution Committee (CC) in the governance structure. The article will explain the responsibilities and influence of the Constitution Committee within the governance structure of Cardano. 

Why Do We Need 3 Governance Bodies The introduction of on-chain governance aims to empower ADA holders with the authority to make decisions. However, it’s unrealistic to expect every ADA holder to engage actively in governance processes. 

The complexity of the technical subjects up for vote may be overwhelming, Read article: The Role of the Constitution Committee in Cardano Governance

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DRep ID: drep12ukt4ctzmtf6l5rj76cddgf3dvuy0lfz7uky08jfvgr9ugaapz4 | We are driven to register as a DRep by our deep dedication to the Cardano ecosystem and our aspiration to take an active role in its development, ensuring that its progress stays true to the principles of decentralization, security, and community empowerment.DELEGATE VOTING POWER!


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ORIGINAL SOURCE

https://cexplorer.io/article/the-role-of...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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