The Cardano Foundation clarifies its role and priorities in ongoing ecosystem governance disputes

PANews reported on December 17 that, according to Cryptoslate, the Cardano Foundation has responded to concerns and criticisms about its role in the blockchain network ecosystem. Recently, the foundation has been criticized for internal conflicts and marginalizing key contributors, including Cardano founder Charles Hoskinson. In addition, its role as a delegated representative in Catalyst Fund 13 has also attracted attention. On December 16, the foundation posted an official blog and FAQ on the Cardano forum to clarify its position.

The Foundation reiterated its active participation in the Catalyst project, committed to promoting decentralization, governance and sustainability. Regarding fund voting, it stated that it focuses on supporting projects that align with these priorities emphasizing long-term sustainability, decentralization and governance importance. However,the voter participation rate of Catalyst project is low; only 4.8 billion ADA are registered for voting which is far less than circulating supply of 35 billion ADA.The foundation holds only 180 million ADA accounting for just 3.75% of registered votes but promises to increase future voting transparency by setting more precise standards for voting and ADA allocation,and encourages other stakeholders to follow suit,to ensure balanced decision-making.In addition,it plans to publish technical blogs explaining vote process.

Regarding relationship with Input Output Global (IOG)and stance towards Cardano's charter,the foundation acknowledges IOG's contribution,but emphasizes support for charter & ecosystem goals.This response was made after Hoskinson questioned whether foundation aligned with vision of Cardano.Hoskinson also expressed concern over activities of foundation including approval of network budget.