As we announced last week , the Algorand Foundation intends to bring to a vote in Governance Period G3 (June 2022 voting session), a proposal to evolve governance away from the current focus on just rewarding passive Algo holders. Starting in G4 (the 3rd quarter of 2022), we intend to grant extra “g…

[image] ARO: Personally, I would rather have a smaller number of thoughtful voters who are active on boards such as this determining the future of Algorand, versus 100,000 users pressured into DeFi and clicking “A” or “B” just to receive payment. It doesn’t happen the same thing now with the …

increase lock up period for governance to yearly basis instead of quarterly. Make governers run nodes or participate or do something besides just lock up tokens to get rewarded. - but whatever you ask them to do, you need to provide full tutorial videos on how to do it, step by step and I mean st…

I have concerns about the current system too because I don’t like pressuring people to vote. I would like to think that the vast majority of current governors actually do care, but I’m sure there is a percentage who put virtually no thought into the vote and simply click to get the rewards. I fully …

@shaih , how has the Foundation studied other forms of stakeholder governance that leverage dual-class voting structures (ex. founder shares in the US, super voting shares in France, voting shares in Brazil) and the impact on rights to future earnings? Is there something to read about the major infl…

[image] ARO: Personally, I would rather have a smaller number of thoughtful voters who are active on boards such as this determining the future of Algorand, versus 100,000 users pressured into DeFi and clicking “A” or “B” just to receive payment. Strongly agree with that.

Made a twitter thread which may be easier for some than the google doc if you’re on mobile. [image] Conscious* @conscious_algo 1. A Twitter Thread for a new model of @Algorand Governance. Because people love long twitter threads over Google Docs proposals. This will be long! Ive writte…

I think @ARO hit the nail on the head. What is Governance supposed to be? What is its purpose? I feel like Algorand has gotten too ideological too quickly, without consideration of the practical implications. Communism is a great ideal if we were to look at it on paper. However, in reality, it di…

If the Foundation is pushing for DeFi adoption they need to guarantee a high degree of security by implementing hardware wallet integration and insurance for DeFi losses and the Foundation should be tasked with approving DeFi projects by performing its own security check on these DeFi protocols. Wi…

That will make the governance centralized (similar to HBAR, although I do not know much about HBAR). We should aim to involve as many Algo holders as possible in the governance to make it decentalized.

Evolving Algorand Governance

Governance Discussions

Algo_Cleanup May 5, 2022, 3:22am 103

I just had a general thought. Algorand is the future of finance. A major aspect of that future is decentralized finance. That is why I fully support the foundation’s initiative to reward those that help forge the path into this future.

Topic		Replies	Views
Feedback requested on proposed Q3 2022 Governance Measures Governance Discussions	205	13649	January 8, 2023
Governance Period 6 Draft Measures - Community Check In Governance Discussions community	65	5535	May 17, 2023
Counterproposal for Q3 2022 Governance Measures Governance Discussions	0	786	August 22, 2022
Lowering Goverance rewards to fund communtity voted projects Governance Discussions	7	589	May 17, 2024
Feedback request on proposed Q4 2022 governance measures Governance Discussions community	161	11622	June 6, 2023

Evolving Algorand Governance

Related topics