Pros
You can continue working, as long as your project is still ongoing. Or you need to find another project to enroll with, before your current project come to end.
Cons
If you project is going to end but you still cannot get another project to enroll with, it will actually going to impact your future. You may need to, or I can say "must to", find another job from another company as soon as possible. Because the company will just pay you half of the gross salary, if you don't work under any project, and that also just until your contract end.