{
  "$type": "site.standard.document",
  "bskyPostRef": {
    "cid": "bafyreibxm2c3jzewctukci7dxvbmzazcamxci6i4rom2yd6odhf53g5dru",
    "uri": "at://did:plc:gltrzd4umigjbnfl6gklzjq2/app.bsky.feed.post/3mn7l7hkx2zd2"
  },
  "coverImage": {
    "$type": "blob",
    "ref": {
      "$link": "bafkreif7pzpdaydyptbqaajfevum2mwaxma2qgchn57aki4z52vjqkpska"
    },
    "mimeType": "image/webp",
    "size": 75416
  },
  "path": "/cardano-summit-canceled-after-7-8m-ada-treasury-proposal-falls-short/",
  "publishedAt": "2026-06-01T07:02:29.000Z",
  "site": "https://crypto.news",
  "tags": [
    "Follow-up",
    "News",
    "Cardano",
    "governance"
  ],
  "textContent": "The Cardano Foundation has canceled its October summit after a proposal seeking 7.8 million ADA, worth about $1.84 million, failed to secure the two-thirds approval required from the network’s governance community. In a statement posted on X after voting closed…",
  "title": "Cardano Summit canceled after 7.8M ADA treasury proposal falls short"
}