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Cardano developer EMURGO will stop delegating Genesis ADA to 7 community DReps.
PANews August 17 news, Cardano developer EMURGO tweeted that it will stop delegating Genesis ADA to 7 community DReps to promote inclusiveness and fairness in Cardano governance. EMURGO had previously stopped delegating Genesis ADA to its own DRep. This action responds to community feedback, including concerns about EMURGO’s use of Genesis ADA delegation discussed in Rare Evo. This delegation removal will take place after the transition from Epoch 576 to Epoch 577 to ensure that active financial proposals are not affected.