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Cardano Enhances ADA Delegation With New Daedalus v7.0.0 Release

  • The latest version of Cardano’s full-node wallet, Daedalus v7.0.0, has been released with the addition of a voting tab for all ADA holders to participate in governance decisions.
  • Daedalus v7.0.0 introduces a mechanism for ADA holders to delegate their voting power to designated representatives (DReps) and provides options for automatic voting models.
  • Users will receive an alert via the built-in newsfeed to update their wallets and access the new features, including the voting tab.
  • Cardano has implemented a governance improvement initiative, including its Cardano Improvement Proposal-1694 (CIP-1694) to ensure on-chain decision-making and active participation of ADA holders.

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