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Cardano Fee Proposal Moves to DReps and Committee Review

Cardano’s revised proposal would set pool fees at 75 ADA, representing a 55% reduction. DReps and the committee will decide the measure, while the impact on delegators depends on fees charged by individual pools.

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Cardano Fee Proposal Moves to DReps and Committee Review

A Cardano governance proposal to reduce pool fees by 55% has advanced to a narrower version setting the fee at 75 ADA, according to CryptoSlate. The proposal now awaits decisions from delegated representatives, known as DReps, and the relevant committee. While the change could lower costs for delegators, the eventual benefit will depend on the fees individual stake pools choose to charge. The proposal also raises concerns for smaller pools, for which a lower fixed fee could create additional financial pressure. No final outcome has been reported, leaving the effect on ADA delegators and pool operators dependent on the governance process and subsequent pool decisions.

Source CryptoSlate Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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