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Cardano Foundation addresses concerns about voting participation and governance

Foundation’s commitment to governance: The Cardano Foundation has responded to criticism over its blockchain role, ensuring dedication to decentralization and transparency. Despite holding only 180 million ADA, which is 3.75% of voting rights, the foundation is determined to foster greater stakeholder participation.

Addressing criticism and improving participation: Concerns emerged over internal conflicts and low voter turnout in the Catalyst initiative. With 35 billion ADA in circulation, the foundation is focused on enhancing voting transparency and aligning actions with Cardano’s vision to support long-term sustainability.

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