# Weekly governance bulletin {% hint style="danger" %} **ARCHIVED** This page has been archived. It's content might be outdated. {% endhint %} ## Date: 30.10.2024 As the landscape of Cardano Governance is constantly changing, with new governance actions being raised and voted upon, we felt it essential to cut through the noise and report on the latest governance actions. Moving forward, we will offer a concise and informative overview of key developments in the governance process in this new weekly bulletin. It is designed to keep everyone informed, from ada holders to DReps, ICCs, and SPOs. Each week, you will get updates on: Each week, you can expect updates on: * **Hard Fork Working Group Progress -** Follow the advancements of the Chang Upgrade #2 processes. * **Constitution Development -** Track the progress towards a robust and decentralized governance framework. * **Ongoing Governance Actions** - See which proposals are live, and where to find more information. * **(Coming Soon) Budget Updates -** Gain insights into the upcoming 2025 Cardano budget process. This bulletin is updated every Wednesday in the [Intersect Knowledge Base](https://docs.intersectmbo.org/cardano/cardano-governance/weekly-governance-bulletin), so you can stay informed and involved in shaping Cardano's future. ## Hard Fork Working Group Updates ### Node 10.1 Pre-Release and Testing Node 10.1, the latest update, has successfully passed internal testing and is set for community preview. This release includes essential fixes and has been stress-tested to confirm stability, so we’re confident it’s ready for a full mainnet launch, potentially this week. ### Governance Actions and Hard Fork Prep For the hard fork, we need two key governance actions: **Plutus Cost Model Update** – Necessary adjustments to prepare the network. **Hard Fork Metadata** – A detailed description of the upgrade’s goals and impact, ensuring transparency. This draft has been shared internally for review and will be finalized soon. We’re aiming to submit this proposal to the mainnet by early November, with a goal of having at least 85% of stake pools upgraded to support a smooth transition. ## Stake Pool and DRep Engagement Boosting participation from delegated representatives (DReps) is a priority, as it strengthens community representation in Cardano’s governance. Our goal is to double current participation to match levels seen in Catalyst, and we’re rolling out communications to help make this happen. This includes regular blog updates, social media posts, and Twitter spaces for direct engagement. ## Security and Participation Goals Discussions have been held around minimum participation thresholds to ensure the upgrade’s security, and we’re working to establish a safe baseline for DRep involvement. Although no exact percentage is required, we aim to have strong representation to support smooth decision-making. ## Upcoming Events and Resources Once the mainnet launch date is confirmed, we’ll host a Q\&A to address community questions. Our knowledge base is also regularly updated with resources, meeting summaries, and recorded sessions to keep everyone informed. ## Live Governance Actions Info Action - [Should K Increased](https://gov.tools/governance_actions/7fd6429add8f2611ad8d48c0cc49101463093aec285faea402e8cfde78ea58d7#0):\ This proposal aims to increase community participation in Cardano's governance by encouraging discussion and understanding of protocol parameters, specifically the K parameter and its effect on stake pool saturation and rewards. It does not suggest any specific changes at this time. * Info action * Submitted: 11.10.2024 (Epoch 514) * Expires: 10.11.2024 (end of Epoch 520) No new Governance Actions added this week. ## Constitution Planning & Rollout (Updated bi-weekly) The Cardano Civics Committee is currently focused on: * Gathering feedback from recent constitutional workshops and discussions with delegates. * Planning the upcoming Cardano Convention. * Contributing to the Cardano budget process. ## Important Links * [Intersect](https://www.intersectmbo.org/) * [Chang Upgrade #2 overview](https://cardanoupgrades.docs.intersectmbo.org/chang-upgrade-2/chang-upgrade-2-overview) * [Intersect Civics Committee](https://committees.docs.intersectmbo.org/intersect-civics-committee) --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. 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