diff --git a/src/components/v2v3/V2V3Project/ProjectDashboard/components/CyclesPayoutsPanel/components/CurrentUpcomingSubPanel.tsx b/src/components/v2v3/V2V3Project/ProjectDashboard/components/CyclesPayoutsPanel/components/CurrentUpcomingSubPanel.tsx
index e01ced6f9a..2dccaf841f 100644
--- a/src/components/v2v3/V2V3Project/ProjectDashboard/components/CyclesPayoutsPanel/components/CurrentUpcomingSubPanel.tsx
+++ b/src/components/v2v3/V2V3Project/ProjectDashboard/components/CyclesPayoutsPanel/components/CurrentUpcomingSubPanel.tsx
@@ -63,7 +63,7 @@ export const CurrentUpcomingSubPanel = ({
     </Trans>
   )
 
-  const hasNoUpcomingCycle =
+  if (
     info.type === 'upcoming' &&
     info.currentCycleUnlocked &&
     /**
@@ -71,10 +71,8 @@ export const CurrentUpcomingSubPanel = ({
      * (which happens when Scheduled Launch is used,
      * mustStartAtOrAfter is in the future)
      */
-    info.cycleNumber !== 1 &&
-    !info.hasPendingConfiguration
-
-  if (hasNoUpcomingCycle) {
+    info.cycleNumber !== 1
+  ) {
     return (
       <div>
         <div
diff --git a/src/components/v2v3/V2V3Project/ProjectDashboard/components/CyclesPayoutsPanel/hooks/useCurrentUpcomingSubPanel.ts b/src/components/v2v3/V2V3Project/ProjectDashboard/components/CyclesPayoutsPanel/hooks/useCurrentUpcomingSubPanel.ts
index dca08d835e..ebca1f06f5 100644
--- a/src/components/v2v3/V2V3Project/ProjectDashboard/components/CyclesPayoutsPanel/hooks/useCurrentUpcomingSubPanel.ts
+++ b/src/components/v2v3/V2V3Project/ProjectDashboard/components/CyclesPayoutsPanel/hooks/useCurrentUpcomingSubPanel.ts
@@ -4,7 +4,6 @@ import { useProjectContext } from 'components/v2v3/V2V3Project/ProjectDashboard/
 import { useProjectMetadata } from 'components/v2v3/V2V3Project/ProjectDashboard/hooks/useProjectMetadata'
 import { timeSecondsToDateString } from 'components/v2v3/V2V3Project/ProjectDashboard/utils/timeSecondsToDateString'
 import { useProjectUpcomingFundingCycle } from 'hooks/v2v3/contractReader/useProjectUpcomingFundingCycle'
-import { BallotState } from 'models/v2v3/fundingCycle'
 import { useMemo } from 'react'
 
 export const useCurrentUpcomingSubPanel = (type: 'current' | 'upcoming') => {
@@ -16,14 +15,8 @@ export const useCurrentUpcomingSubPanel = (type: 'current' | 'upcoming') => {
   const {
     data: upcomingFundingCycleData,
     loading: upcomingFundingCycleLoading,
-  } = useProjectUpcomingFundingCycle({
-    projectId,
-    /**
-     * if the current cycle is unlocked, force the use of latestConfiguredFundingCycleOf.
-     */
-    useLatestConfigured: fundingCycle?.duration?.isZero() ?? false,
-  })
-  const [upcomingFundingCycle, , ballotState] = upcomingFundingCycleData ?? []
+  } = useProjectUpcomingFundingCycle({ projectId })
+  const [upcomingFundingCycle] = upcomingFundingCycleData ?? []
   const { timeRemainingText } = useFundingCycleCountdown()
 
   const cycleNumber = useMemo(() => {
@@ -40,6 +33,12 @@ export const useCurrentUpcomingSubPanel = (type: 'current' | 'upcoming') => {
     return upcomingFundingCycle?.duration?.isZero() ?? true
   }, [fundingCycle?.duration, type, upcomingFundingCycle?.duration])
 
+  /** Determines if the CURRENT cycle is unlocked.
+   * This is used to check if the upcoming cycle can start at any time. */
+  const currentCycleUnlocked = useMemo(() => {
+    return fundingCycle?.duration?.isZero() ?? true
+  }, [fundingCycle?.duration])
+
   const upcomingCycleLength = useMemo(() => {
     if (!upcomingFundingCycle) return
     if (cycleUnlocked) return '-'
@@ -49,12 +48,15 @@ export const useCurrentUpcomingSubPanel = (type: 'current' | 'upcoming') => {
     )
   }, [cycleUnlocked, upcomingFundingCycle])
 
-  /** Determines if the CURRENT cycle is unlocked.
-   * This is used to check if the upcoming cycle can start at any time. */
-  const currentCycleUnlocked = fundingCycle?.duration?.isZero() ?? true
+  const status = useMemo(() => {
+    if (cycleUnlocked) return t`Unlocked`
+    return t`Locked`
+  }, [cycleUnlocked])
 
-  const status = cycleUnlocked ? t`Unlocked` : t`Locked`
-  const remainingTime = cycleUnlocked ? '-' : timeRemainingText
+  const remainingTime = useMemo(() => {
+    if (cycleUnlocked) return '-'
+    return timeRemainingText
+  }, [cycleUnlocked, timeRemainingText])
 
   // Short circuit current for faster loading
   if (type === 'current') {
@@ -82,14 +84,5 @@ export const useCurrentUpcomingSubPanel = (type: 'current' | 'upcoming') => {
     cycleLength: upcomingCycleLength,
     cycleUnlocked,
     currentCycleUnlocked,
-    hasPendingConfiguration:
-      /**
-       * If a cycle is unlocked, it may have a pending change.
-       * The only way it would, is if the ballot state of the latestConfiguredFC is `approved`.
-       */
-      cycleUnlocked &&
-      typeof ballotState !== 'undefined' &&
-      ballotState !== null &&
-      ballotState === BallotState.approved,
   }
 }
diff --git a/src/hooks/v2v3/contractReader/useProjectUpcomingFundingCycle.ts b/src/hooks/v2v3/contractReader/useProjectUpcomingFundingCycle.ts
index cfb2636303..df50f98cbb 100644
--- a/src/hooks/v2v3/contractReader/useProjectUpcomingFundingCycle.ts
+++ b/src/hooks/v2v3/contractReader/useProjectUpcomingFundingCycle.ts
@@ -19,10 +19,8 @@ type UpcomingFundingCycleDataType = [
  */
 export function useProjectUpcomingFundingCycle({
   projectId,
-  useLatestConfigured, // force latestConfiguredFundingCycleOf to be returned.
 }: {
   projectId: number | undefined
-  useLatestConfigured?: boolean
 }): ContractReadResult<UpcomingFundingCycleDataType> {
   /**
    * Get Latest Configured Funding Cycle.
@@ -40,9 +38,8 @@ export function useProjectUpcomingFundingCycle({
     latestConfiguredFundingCycleBallotState,
   ] = latestConfiguredFundingCycleResponse ?? []
   const isLatestConfiguredActive =
-    (latestConfiguredFundingCycle &&
-      latestConfiguredFundingCycleBallotState === BallotState.active) ||
-    useLatestConfigured
+    latestConfiguredFundingCycle &&
+    latestConfiguredFundingCycleBallotState === BallotState.active
 
   /**
    * Get Queued Configured Funding Cycle, *only if* latestConfiguredFundingCycle isn't active.