Cardano Summit 2026 Canceled After Treasury Vote Falls Short of Supermajority

Cardano Summit Canceled After Treasury Funding Fails

The Cardano Foundation has canceled its flagship 2026 summit in Singapore after a revised 7.8 million ADA treasury funding proposal failed to clear the network's decentralized governance hurdle.

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 TOKEN2049 Platinum Sponsorship proposal passed separately, k…

The People Have Spoken: Cardano Community Overrules Its Founder Cardano ETHNews

A proposal to withdraw $1.8 million from the Cardano treasury to fund the planned Cardano Summit in Singapore has failed. DReps stood firm against the proposal despite a last-minute push by Charles Hoskinson and other leaders. The Cardano community has voted against a proposal to withdraw nearly $2 million from the network’s treasury and fund the Cardano Summit in Singapore in a landmark move that pitted the community against its leaders. The pr…

Cardano community rejects $2 million summit budget! What is

🚨 The Cardano community blocked a $2 million summit budget in an on-chain vote.Only about 55 percent supported the proposal, falling short of the required threshold.🧐 As a result, the fate of future $ADA events remains in limbo. Continue Reading:Cardano community rejects $2 million s...