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Reading: Input Output Exits Cardano Leadership Ahead Of Elections
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The cryptonews hub > Blog > Market > Input Output Exits Cardano Leadership Ahead Of Elections
Market

Input Output Exits Cardano Leadership Ahead Of Elections

Crypto Team
Last updated: May 30, 2025 4:50 am
Crypto Team
Published: May 30, 2025
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wp header logo 950 Input Output Exits Cardano Leadership Ahead Of Elections

Cardano development studio Input Output Global (IOG) has announced that it will relinquish its seat on the blockchain’s Interim Constitutional Committee once community elections conclude this summer, drawing a clear line under the role it assumed during the 2024 Chang hard-fork transition.

The ICC was formed alongside the first phase of the Chang upgrade in late August 2024, a hard fork that introduced the foundations of on-chain governance to Cardano’s Conway-era ledger. The upgrade empowered ADA holders to elect delegates (dReps) and submit governance actions—features that required an oversight body while the full Constitutional Committee framework was being finalized.

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Intersect’s election roadmap sets out five phases that run through the northern summer. Candidate registrations opened on May 1 and close on May 31; campaigning occurs in parallel. Token-weighted voting will then run from June 10 to July 10, followed by onboarding and credential generation for the seven successful candidates from July 10 to August 1.

Formal ratification—including an on-chain governance action to recognize the new committee—is scheduled between August 1 and September 1. The three highest-vote recipients will serve two-year terms, while the remaining four will sit for one year to create a staggered election cycle.

The forthcoming ballot will test the viability of large-scale, token-weighted elections on a live L1 network and will give over 4 million ADA wallets a direct say in who interprets and enforces the Cardano Constitution. Should the schedule hold, Cardano will enter September with its first fully elected Constitutional Committee in place—while the company that launched the chain steps back to the same arm’s-length status as every other participant.

At press time, ADA traded at $0.75.

source

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