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Cardano and Solana reveal distinct risks in crypto governance
Cardano and Solana are currently testing different approaches to on-chain governance, revealing distinct risks regarding voter participation and representative influence.
Cardano requires separate approval from both delegated representatives (DReps) and stake pool operators for its constitutional committee renewal. An August 26 snapshot indicated that support for the 2026 committee proposal fell below required thresholds, with 43% DRep support against a 67% requirement and 15.1% stake pool operator support against a 51% threshold. If these requirements are not met by the September 1 deadline, four committee terms could expire without replacements.
In contrast, Solana utilizes a system where validators act as default voting agents for delegated stake unless individual stakers manually override them. While this prevents the participation bottlenecks seen in Cardano, it creates a different risk: stakers who remain inactive effectively grant their voting weight to validators, who may have economic interests that conflict with the proposal at hand.