
Cardano DRep Chris O steps down, delegators' ADA votes stop counting
- —Chris O announced his resignation as DRep in a Thursday post on X
- —Votes delegated to him by ADA holders no longer count
- —Only the delegators can reassign their delegated voting power
Why it matters: The exit of a prominent DRep reduces vote concentration in Cardano governance and forces delegators to manually reassign their voting power.
Source: Coinotag