Test

Participation in Cardano Governance as a DRep is voluntary. By accepting delegated responsibility, the representative assumes an obligation of self-discipline above and beyond the requirements of laws and regulations. Foundational professional and ethical standards guide the fiduciary responsibilities for Cardano DRep to act in the best interests of its client. Not all voters are considered fiduciaries, those who take on roles of representing collective delegation as DRrep, or similar positions involving financial oversight or management of assets on behalf of the client are held to the Cardano Fiduciary Standard. Basic framework will be as follows:

1. Duty of Loyalty
2. Duty of Care
3. Duty of Good Faith
4. Duty of Full Disclosure
5. Duty of Confidentiality
6. Duty to Act Within Scope
7. Fee Arrangements

Full text of the Cardano Fiduciary Standard will be made available for public comment once it is in a final draft form.