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Cardano constitution approved by committee: community vote set for January 2025

Cardano constitution approved by committee: community vote set for January 2025
In January 2025, Cardano’s Delegated Representatives will vote on whether to approve or reject the draft constitution

​Cardano’s (ADA) long-awaited constitution has taken a significant step toward ratification, with the draft receiving approval from the Constitutional Convention 2024. 

The convention, which took place in Buenos Aires on December 5-6, gathered key members of the Cardano community, including developers, investors, and stakeholders, to finalize the document that will serve as a foundational set of principles for the blockchain's future, U Today reports.

The Cardano Constitution is designed as a multi-purpose codex, aiming to govern the scaling, growth, and technological development of the ecosystem. The document lays out a set of provisions and guardrails that will help shape the direction of Cardano’s decentralized infrastructure. Now that it has been approved by the Constitution Committee, the draft will move on to the next stage: a referendum by the Cardano community.

DReps to decide the fate of the constitution in 2025

In January 2025, Cardano’s Delegated Representatives (DReps) will vote on whether to approve or reject the draft constitution. There are approximately 800 DReps within the Cardano ecosystem, with over half of them actively participating in governance. These DReps have been selected by the community, with each delegate holding an allocation of ADA tokens, representing their governance stake in the ecosystem.

The outcome of the upcoming vote will have far-reaching implications for Cardano’s decentralized governance model, as it will determine the framework under which the blockchain will operate for years to come. ADA holders still have time to delegate their votes to DReps, allowing them to have a say in this crucial decision. If the community approves the constitution, it will mark a pivotal moment in the blockchain’s ongoing evolution.

This week, Atomic 3, a prominent crypto project in Latin America, announced a partnership with Cardano. The collaboration seeks to provide retail investors with access to the lithium sector and support the shift to clean energy, a market historically controlled by major corporations.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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