🚀 As announced earlier, EMURGO has removed the delegation of its genesis ADA to its own DReps and confirmed plans to re-allocate them to smaller, independent DReps with strong beliefs about supporting the ecosystem, thereby giving them a bigger platform to voice their ideas and preventing key ideas and perspectives from going unheard. We believe that this ultimately helps to drive greater decentralization and inclusiveness within our ecosystem by providing the resources needed to those who may have great ideas but lack the necessary voting power to develop them due to smaller delegation. To address this, we would like to announce the DRep selection criteria used and the seven DReps we will be delegating to for this initial round, with more planned in the future. 📝 Our selection criteria include, but are not limited to, DReps that meet some or all of the following conditions: 🔹Are outside of the Top 20 calculated by total voting power 🔹Have demonstrated a strong commitment and ability to build and/or deliver essential governance tools for the community 🔹Have a strong, clear vision to support the commercialization of Cardano With that being said, the DReps we have selected for delegation include: 1) @Waffle_Capital - A Cardano DeFi Fund based in Hong Kong (DRep ID: drep1yggcntj7vdc2l3j05w0ep84ay8qjz0fnrse6rl8gccd9fsqadw3qg) 2) @SociousDAO - Platform for initiatives that improve economic, political, and social systems for everyone, everywhere; SPO (DRep ID: drep1ytcv4ax77s0enqef56qjflf4d8zjgxulukme9uf5p8cfaagysjppn) 3) @TheOCcryptobro -Co-Founder of the Cardano Enterprise Alliance (DRep ID: drep1y25xtvu3d0gaf6cxktr9pkfgnywmqsh4fum93s8m3hlp4aqj3uqdp) 4) @ada_stat - Founder and lead developer of the http://AdaStat.net Blockchain Explorer (DRep ID: drep1yfe9en4hsgc3r6nhtmwjeljh06hgnvt9yzzkwqcftvdj34cdxdg7u) 5) @Hahero7 - Cardano Ambassador and Cardano Vietnam community builder (DRep ID: drep1y2z8gktqj27kwmmxesd0y484f7p4z9tjf5xu8m4sucstm3gvtywlp) 6) @ChileStakepo - Chile Stake Pool and co-hosting the Spanish podcast 'Descentralización Total' with 400+ episodes to engage Latin America (DRep ID: drep1y2j2q9pcl855969ea9csrhdta6slnamctgzuvuqnnkl6fusqyjy36) 7) @clarity_dao - Clarity Protocol, building decentralized governance tools on Cardano (DRep ID: drep1y204jqvq0hu4m26gsaskmaas8vju2ls30hh2s0dhpj03t9qafvuzl) It’s important to note that our delegation comes with no strings attached or preconditions, and that we reserve the right to change our criteria and rotate our delegation to other DReps in the future if we so choose to do so upon further review. We trust that these DReps will make the right voting decisions reflecting their values and constituents’ wishes in line with what is best for the Cardano ecosystem. 🤝 Let’s continue building a stronger Cardano together.