$ADA

ADA
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The founder of Cardano (ADA) has kicked off a comprehensive review of the governance structure of over 11,000 decentralized autonomous organizations (DAOs) to tackle internal conflicts within Cardano. According to BeInCrypto, this initiative is based on a decade of research into governance and aims to propose new features for Cardano's governance through its constitution. This move comes amid a dispute over IOG's treasury fund proposal, which is facing rejection as 87% of Delegated Representatives voted against it. Hoskinson is considering registering as a DRep to directly influence Cardano's on-chain governance.
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