Cardano’s on-chain governance entered uncharted territory this weekend after the meme-mascot account HOSKY declared that the network’s Constitutional Committee (CC) was “dropping below the required seven members,” calling it “our first official government shutdown.” The post followed a formal retirement notice from the Cardano Atlantic Council, a seated CC member, which said it will “retire our CC keys on November 25th, following the epoch transition, to allow active proposals to ratify or expire.”

What The Cardano ‘Governance Shutdown’ Means

The proximate cause is political as much as procedural: a compensation proposal for CC members appears headed for defeat. In its thread announcing the decision, Cardano Atlantic said the “current CC Compensation governance proposal is unlikely to

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