Cardano’s minimum viable on-chain governance framework outlines the transition towards on-chain governance, starting with an interim period for bootstrapping via formal rules. Key dates for community involvement include May 28 for registration opening, June 10 for closing, and June 13-23 for voting. An interim Constitutional Committee of seven members, including three elected community members, will oversee the initial phase. Community members passionate about governance are encouraged to apply.

On May 23, 2024, Cardano’s SanchoNet achieved a historic milestone by initiating its first hard fork using CIP-1694 governance. Intersect seeks community input for drafting the Cardano Constitution with workshops worldwide. The Cardano Foundation introduced the MACS algorithm for efficient coin selection on UTxO blockchains at the IEEE conference. Other news includes updates from Dr. Lars Brünjes, CNTools, RealFi, leaderlogs, Catalyst Working Group, and SanchoNet.

Video of the Governance Workshop held in San Diego, focusing on best practices and strategies for effective governance in organizations. Key topics include the importance of transparency, stakeholder engagement, and the implementation of robust governance frameworks. The workshop also covers case studies and real-world examples to illustrate successful governance practices. The session aims to provide actionable insights for enhancing governance in various organizational contexts.

CIP-1694, published in November 2022, introduces on-chain governance for Cardano, ensuring ada holders’ participation. Honoring Phillip Chang, the upgrade involves three key roles: Delegated Representatives (DReps), the Constitutional Committee (CC), and Stake Pool Operators (SPOs). The governance process includes multiple milestones, with community involvement encouraged through training sessions, testing environments, and workshops.

The DRep Pioneer Workshop Leaders Program, launched by Intersect, educates the Cardano community about decentralized governance as outlined in CIP-1694. This program, part of the Chang upgrade, trains Delegated Representatives (DReps) to participate in Cardano’s liquid democracy. Selected leaders from diverse regions will deliver training, fostering informed decision-making. This initiative supports Cardano’s transition into the ‘Voltaire’ era, emphasizing community-driven governance.

Cardano's journey towards enhanced on-chain governance is marked by the introduction of SanchoNet, a platform designed to engage ada holders in the governance process through the Cardano Improvement Protocol (CIP) 1694. SanchoNet, launched in phases, allows participants to test and provide feedback on governance mechanisms, playing roles like test-ada holders, stake pool operators, and delegate representatives.