6.8M ADA Remains Linked to Retired Cardano Whale DRep
A total of 274 Cardano holders remain delegated to the retired representative. Their stake is excluded from active voting power, but no active DRep currently votes on their behalf.
By SongMarketCap
Updated:
Cardano holders continue to move their governance delegations away from Cardano Whale, but the transition remains incomplete. Jaromir Tesar reported the updated figures on September 11 after reviewing the DRep’s CExplorer data.
Cardano Whale Retains 274 Delegators
Cardano Whale previously participated in Cardano governance as a delegated representative. DReps vote on governance actions for holders who assign them their voting rights, including decisions involving treasury withdrawals, protocol changes and other network matters.
Tesar said some former delegators had already selected new representatives. However, approximately 6.8 million ADA remains associated with the retired DRep credential.
Retirement does not automatically transfer these delegations to another representative. Each holder must select an active DRep or one of Cardano’s predefined governance options.
Retired Stake Is Not Active Voting Power
The balance recorded against Cardano Whale does not increase the voting thresholds required to ratify governance actions.
CIP-1694 states that a DRep becomes inactive after failing to vote for the number of epochs defined by the drepActivity protocol parameter. Stake delegated to an inactive DRep is excluded from active voting power. A retirement certificate takes effect immediately after it is accepted on-chain.
These rules prevent abandoned delegations from making governance actions permanently more difficult to approve. The affected holders retain control of their funds, but their governance rights are not being exercised by an active representative.
Redelegation Requires Holder Action
Governance delegation is separate from delegation to a stake pool. Selecting another DRep does not require holders to move funds or change the pool used for staking and block production.
The protocol also does not choose a replacement representative after a DRep retires. Holders must submit a new delegation certificate through a supported wallet or governance interface.
Until the remaining delegators complete that step, the blockchain will preserve their previous selection while no active DRep casts governance votes on their behalf. The 274 accounts therefore represent recorded delegation without active representation.