With the Plomin hard fork, ADA holders gained the ability to vote directly on governance proposals or delegate their voting power to DReps (delegated representatives), reducing reliance on centralized decision-making

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With the Plomin hard fork, ADA holders gained the ability to vote directly on governance proposals or delegate their voting power to DReps (delegated representatives), reducing reliance on centralized decision-making

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Before this upgrade, governance decisions were primarily influenced by the Cardano Foundation and other core contributors. Now, ADA holders can vote on governance actions either directly or through delegated representatives.
The upgrade will enable Cardano ADA $0.963 tokenholders to delegate voting power to delegated representatives who vote on governance actions, including protocol parameter changes, treasury withdrawals and hard fork initiations.

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