State of Governance

As of today, 5,981,848,513 ADA are taking part in Governance. This represents 17% of the supply in circulation. Only 3,241,941,202 ADA (9.21% of supply in circulation) are delegated to 716 active dReps and will be taken into account for voting thresholds.

Tokenomics Epoch 538

PositionAmount in ADA
Circulation35,193,500,774
Treasury1,668,494,670
Reserves7,421,230,710
Rewards711,827,828
Deposits4,946,017

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 (83.00%)Active dReps (9.21%)Always Abstain (7.38%)No-Confidence (0.41%)

Governance Delegation Distributed

ADA taking part in Cardano Governance as of today by category

Active dReps (54.20%)Always Abstain (43.40%)No-Confidence (2.40%)

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: 20All 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 538.

Governance ActionThreshold
60%
Min. number dReps needed21 dReps
Min. delegated ADA needed1,945,164,721
ADA delegated to the top 21 dReps1,961,831,670
67%
Min. number dReps needed27 dReps
Min. delegated ADA needed2,172,100,606
ADA delegated to the top 27 dReps2,185,574,870
75%
Min. number dReps needed37 dReps
Min. delegated ADA needed2,431,455,902
ADA delegated to the top 37 dReps2,451,302,917
Parameter explanations by Mike Hornan / ABLE Pool

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