Cardano Summit 2026 Canceled After Treasury Vote Falls Short of Supermajority

TLDR: The Cardano Summit 2026 was canceled after the treasury vote reached only 65.21%, missing the 66.67% supermajority required. A revised 7.8M ADA proposal replaced an original 14.07M ADA request, adding audited fund management and milestone-gated payments. Despite 135 DReps voting in favor versus 61 against, stake-weighted rules prevented the summit proposal from passing. EMURGO’s [...]

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