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…

@shaih I just want to reiterate, it doesn’t seem like you guys read ANY of the thoughtful replies at all. Not a single person suggested anything close to what you guys have in the proposal; only you yourself in the opening post. Look, let’s face it. No one cares about voting power. Of all of the p…

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 .…

I apologize in advance for a very long post, but the topics are too complex to be taken lightly. For readability, I’m splitting it into 5 parts. Introduction It is great to see that the Foundation wants to improve the Governance. That said, this discussion and the suggested M1 of G3 clearly mix a c…

Preamble 1: Core values of Algorand I firmly believe that the two core values of: 1 ALGO = 1 vote (i.e. equality of each and every ALGO) and direct participation should be respected in Governance as it is in the PPoS consensus – the core of Algorand. Consequently, this means that the maximum possibl…

Should voting power for Governance and DeFi mix? Let me first address the OP’s ( @Shaih ) initial request: We ask for your guidance on the fundamental questions of who should be considered an “active participant” for the purpose of governance, how to decide if a specific Algorand account belongs to …

TVL - An easily manipulated metric and a horrible choice for granting Governance voting power TL;DR: I’ve artificially inflated TVL on Tinyman’s testnet by 20M USD with an investment of 10k USD and 3.6 ALGO. The inflation value is arbitrary. Assuming the calculation of TVL is the same for testnet an…

The comments above from @anon are extremely insightful. The detailed explanation of how and why the delegation of voting power to DeFi from users would lead to unequal voting powers due to LP / lending mechanisms is something I have not imagined and definitely was not aware of from reading the gover…

[image] fionna: If the proposal is to be kept as it is, my main concern is that during future governance sessions the powerful voters (e.g. DeFi platforms) will never vote for taking away their 2x voting power, which will likely lead to permanent imbalance of voting power in governance, and ulti…

Thanks all, and @anon in particular for all the commitment, the insight, and the very concrete example. We are aware that Defillama TVL is imperfect and can be distorsive, no matter if this is done on purpose or inadvertently. Our intention is not to use TVL from Defillama as it is. We are going to …

Evolving Algorand Governance

Governance Discussions

uppers May 25, 2022, 12:36pm 177

I couldn’t agree more with your point about rushing out huge changes. I wish there was much more effective community engagement on governance and ideation of solutions.

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Feedback requested on proposed Q3 2022 Governance Measures Governance Discussions	205	13981	January 8, 2023
Governance Period 6 Draft Measures - Community Check In Governance Discussions community	65	5670	May 17, 2023
Counterproposal for Q3 2022 Governance Measures Governance Discussions	0	799	August 22, 2022
Lowering Goverance rewards to fund communtity voted projects Governance Discussions	7	608	May 17, 2024
Feedback request on proposed Q4 2022 governance measures Governance Discussions community	161	11931	June 6, 2023

Evolving Algorand Governance

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