11.4 Million ADA Wallet Votes for Governance: Cardano Foundation Backs Move

• The Cardano Foundation is dedicated to advancing the goals of CIP-1694 and achieving a fully decentralized on-chain governance structure for Cardano.
• The foundation will use its 11.4 million ADA wallet to vote in the upcoming Cardano ballot event.
• The focus has shifted to Cardano's decentralized governance policies to ensure its long-term viability.
• CIP-1694 is an on-chain decentralized governance mechanism for Voltaire, which will make Cardano self-sustaining.
• The Cardano Ballot is a non-binding poll that allows the community to provide feedback on Cardano's governance process.
• The Cardano Foundation will actively participate in the ballot event by voting yes with one wallet of 11,429,000 ADA.
• Participation in the ballot requires a browser extension wallet that supports CIP-30 and a minimum of one Lovelace staked before November 21.
• The ballot event will take place from December 1 to December 11.

The article expresses positive sentiment towards the Cardano Foundation's dedication to decentralized governance and its participation in the upcoming ballot event.