Cardano renewal clears voting thresholds by 0.18% margin

A pre-boundary snapshot showed Cardano's 2026 Constitutional Committee renewal cleared both voting thresholds. DRep support stood at 69.36% against a 67% threshold. SPO support stood at 51.18% against a 51% requirement. The observed SPO margin was 0.18 percentage points. The snapshot was retrieved at about 09:59 UTC on Sept. 1. The proposal had not received formal ratification. The proposal had not been enacted. The proposal had not expired. The Koios chain tip remained in epoch 652. The decision was due at the boundary into epoch 653 at about 21:44 UTC on Sept. 1. Cardano's governance rules leave uncast stake in the SPO denominator against ratification. Explicit abstentions and stake assigned to alwaysAbstain are removed from the effective calculation. Koios separated roughly 2.008 million ADA of explicit SPO No votes. Koios showed about 5.316 billion ADA on the total No or default-No side of the calculation. The gap indicated that non-participating stake created most of the drag on approval. Four committee seats were due to lapse. The seats remained valid through epoch 653. The seats were due to expire when epoch 654 began on Sept. 6. Without an enacted renewal, the committee would fall to three active members. The committee minimum is five members. If ratified at the epoch 653 boundary, the update was scheduled to enact at the start of epoch 654. A committee below five members could not provide the approval required for new treasury withdrawals. It could not provide the approval required for protocol parameter changes. It could not provide the approval required for hard fork initiations. It could not provide the approval required for a new constitution. No-confidence and update-committee actions would remain available because the committee does not vote on them. Intersect warned that a failed renewal could interrupt governance continuity. Intersect said the failure may affect progress toward Dijkstra, Cardano's next hard-fork program.