Cardano: 9.6 million ADA up for a vote, what to check before November 20

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.The context: more than 9.6 million ADA from the Cardano treasury are up for a vote until November 20, and holders of 89.25 percent of the voting rights have not cast a vote. The proposal, the deadline and the tally are documented; what our editorial team concludes from it about turnout follows further down.Add as a preferred source on GoogleFollow on Google NewsHere is what is documented: since October 21 a proposal for 9.6 million ADA from the Cardano treasury has been up for a vote, the deadline falls on November 20, 2026, and as of October 28 holders of 89.25 percent of the voting power had not cast a vote at all. Our own reading follows further down: it is not the opposing votes that will decide this proposal but the silence, because on Cardano a voting right that goes unused counts arithmetically as a no. The proposal was filed by the company Trivolve Tech together with the Cardano Foundation. It would expand a management system for police evidence that writes checksums of ...