Sam Price Reveals Cardano Vote Against Copper Investment

According to Twitter user Sam Price, the voting results from the Cardano community regarding the proposal by Toto Finance to use Cardano treasury funds to purchase physical COMEX copper and tokenize it showed a support rate of only 0.2%, while the opposition rate was as high as 99.8%. The proposal needed to achieve a support rate of 67% to pass. Additionally, none of the 7 members of the constitutional committee voted in favor. The main reason for opposition was that only about 67% of the funds would be used to purchase copper, with the remainder allocated for fees and operational costs.

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