
Charles Hoskinson Says Cardano No Longer Comes First — Treasury Vote Explains Why
Key Highlights Cardano’s delegated representatives (DReps) rejected a 12.29 million ADA treasury request from Input Output-backed Pogun, with 64.33% voting against ratification. The Constitutional Committee separately approved the proposal 7-0 (100%), but DRep ratification is required for treasury withdrawals under Cardano’s governance framework. Charles Hoskinson confirmed Pogun will still deploy on Cardano by mid-December 2026, ...
