State of Governance

As of today, 5,526,803,251 ADA are taking part in Governance. This represents 15.71% of the supply in circulation. Only 2,995,588,209 ADA (8.51% of supply in circulation) are delegated to 688 active dReps and will be taken into account for voting thresholds.

Tokenomics Epoch 537

PositionAmount in ADA
Circulation35,185,844,017
Treasury1,664,007,113
Reserves7,433,694,306
Rewards711,652,597
Deposits4,801,967

Governance Delegation Total

ADA taking part in Governance as of today by category in relation to the circulating supply of ADA on Cardano

Not taking part in Governance (84.29%)Active dReps (8.51%)Always Abstain (6.79%)No-Confidence (0.40%)

Governance Delegation Distributed

ADA taking part in Cardano Governance as of today by category

Active dReps (54.20%)Always Abstain (43.26%)No-Confidence (2.54%)

Voting Power Distribution dReps

Visualisation of the minimum number of dReps by amount of delegation needed to pass the selected voting threshold for governance actions after the next hard fork. Depending on the governance action CC/ICC and/or SPO approval may also be required (see table below)

Min. number of dReps needed: 18All other dReps

Voting Power Thresholds dReps

List of all governance actions, their thresholds and current min. number of dReps / delegated ADA needed to pass their thresholds. All values are based on the current circulating supply of ADA and delegation to dReps as of Epoch 537.

Governance ActionThreshold
60%
Min. number dReps needed20 dReps
Min. delegated ADA needed1,797,352,925
ADA delegated to the top 20 dReps1,828,185,623
67%
Min. number dReps needed26 dReps
Min. delegated ADA needed2,007,044,100
ADA delegated to the top 26 dReps2,036,915,447
75%
Min. number dReps needed35 dReps
Min. delegated ADA needed2,246,691,157
ADA delegated to the top 35 dReps2,267,298,341
Parameter explanations by Mike Hornan / ABLE Pool

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