Evolving Algorand Governance

Hi Shai,

i will not comment whether the option A or B is right, because we have DeFi project in testnet (EVM2AVM multichain bridge) and I am the community relay node runner…

I would rather like to ask, how can I help with the algorand governance.

I have created DAO management platform - Vote Coin. It was encode hackathon winner last year, it was participating in encode accelerator, and recently i have received the grant from the foundation to implement encrypted voting. The standard is pretty simple, and right now we are in progress of upgrade to allow NFT DAOs to be managed by vote coin standard. Feat/eligible token list by scholtz · Pull Request #3 · scholtz/AMS · GitHub

The real discussion in this thread is not about the option A or B… It is about having efficient algorand governance… Not to ask one question per quarter, but rather have efficient voting system in place and allow quick and frequent decision making… You can quite efficiently incentivize participation by granting some algo for people that vote, and some people who have set their delegation of voting power… With vote coin standard you can mark some accounts as the Trusted accounts (for example DeFi projects or Relay note runners) and the Algorand DAO may have in constitution something like that 50% of 1 coin = 1 vote voters must vote for the option as well as 50% of all trusted accounts… Everything is running in a single voting session with onchain voting and the cost to vote submission is simply one algo tx. With consideration of the delegation even much less.