Overview
- Charles Hoskinson announced that he has begun a review of governance models from more than 11,000 decentralized autonomous organizations to study executive function, roadmap control, and strategy setting and to propose new features for Cardano's constitution and tooling.
- The audit follows public tallies showing about 81–87% of active stake represented by DRepresentatives opposing a 32.9 million ADA renewal request for Input Output Global’s research lab, and the on-chain vote remains open through June 8, 2026.
- Hoskinson has said he may register as a DRep himself and has proposed holding a pre-2027 mini-convention to give stakeholders a forum to discuss proposed constitutional and technical changes before formal votes.
- Several DReps are pressing for clearer funding milestones, open requests for proposals and tighter accountability instead of direct renewals, and critics have pointed to low 24‑hour chain revenue figures as a reason to demand stricter spending controls.
- If the review leads to constitutional or procedural changes, Cardano could move from centrally renewed research grants toward more competitive, product-focused funding, a shift that would affect researchers, developer teams and how the treasury prioritizes projects.