Extremality of clique-number density $1/4$ at edge density $1/2$
Determine whether every $C_4$-free graph with edge density asymptotically equal to $1/2$ has clique-number density at least $1/4$, equivalently whether the circulant construction gives the optimal asymptotic value at $\\varepsilon=1/2$.
References
Whether $\kappa = \tfrac14$ is optimal at $\varepsilon = \tfrac12$ over all $C_4$-free graphs remains open, and we return to this point in Section~\ref{sec:discussion}.
In particular, taking $\delta(G) \geq \tfrac n2$ yields $\omega(G) \geq \tfrac n6$, and they remark that whether the same conclusion follows from the edge-density hypothesis $\varepsilon \geq \tfrac 12$ remains open.
We do not know whether `eq:upper` is preserved under the clique-sum of $G$ with an arbitrary $C_4$-free graph, nor under the join $G\ast K_s$ that adjoins $s$ universal vertices.
eq:upper:
A sharper argument might retain such an entry and work in an enlarged $(m,b,t)$-space, where constraining $t$ could exclude points that the planar projection cannot, or might exploit that not every diagram admissible under Lemma~\ref{lem:homology vertices} arises from an actual clique complex. We do not know whether either route helps.