Four Constitutional Committee seats on Cardano expire on September 1 at epoch 653. If the renewal vote fails, the committee will drop from seven to three members, below the minimum threshold of five, blocking most on-chain governance decisions. Current support is far below requirements: 32.46% from delegated representatives and 1.95% from stake pool operators, when 67% and 51% respectively are needed. The Cardano network will continue processing transactions and producing blocks normally, but decisions regarding hard forks, parameter changes and treasury withdrawals will be paralyzed.
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