Cardano founder Charles Hoskinson proposed changes to Cardano’s governance as ADA traded near $0.16 following a 35% decline over the past month.
According to NS3.AI, Hoskinson said Cardano is facing more than 600 million ADA in funding requests while operating under a 350 million ADA net change limit.
He said the imbalance between requested funding and the current limit is driving the need to adjust governance processes.
Charles Hoskinson Proposes Cardano Governance Changes as ADA Holds Near $0.16 After 35% Monthly Decline
2026-06-18 18:52:01
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