Cardano Foundation Achieves First Milestone in Governance Roadmap

The Cardano Foundation has announced the completion of the first milestone in its governance roadmap. According to ChainCatcher, the foundation has delegated approximately 220 million ADA to 11 community representatives, known as DReps, with each receiving around 20 million ADA. This initiative focuses on enhancing ecosystem adoption and operations. As a result, the total ADA delegated to community DReps has increased to 360 million ADA. Additionally, the foundation plans to self-delegate the remaining 171 million ADA to ensure all assets are involved in governance.