EMURGO Halts Delegation of Genesis ADA, Shifts to More Inclusive Governance

Cardano developer EMURGO has announced a significant change in its governance strategy. It will cease delegating Genesis ADA to community DRep representatives, marking a move toward increased inclusivity and fairness within the Cardano ecosystem’s governance structure. This decision comes after careful consideration of community feedback, particularly concerns raised during discussions about EMURGO’s handling of Genesis ADA delegation, which led to a transition from its previous practice of delegating this resource to its own DRep representatives.