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…

@anon , let’s be constructive. Starting to have rules on which assets are included in computation and which ones are not - rather than just look at TVL - goes in what you also consider the right direction. You can be sure that once we are able to break down TVL there will be only few assets admitted…

@Massimo - the whole point @anon is making is that TVL is not democratic and to fair. As we were both (me at Evolving Algorand Governance - #160 by robert ) highlighting, the DeFi approach could create unhealthy disproportions. Governance should ensure healthy ecosystem and thriving public goods.

@anon - I have one caveat to your proposal. I think it is too restricted. Having such a long gov periods make the whole process slow and inefficient. In Cosmos, we have: proposals should start with forum discussion no gov period default 21 voting period, however many projects are moving into ~7 da…

If the goal is to increase TVL by attracting new investment with attractive yield and extra votes, I don’t think this plan will be particularly effective. Rewards would still be issued on a quarterly basis, likely prompting defi platforms to require locks similar to the current governance soft-loc…

[image] anon: Consider this: Would you let tourists participate in your country’s elections, and decide its future? Tourists do bring value to your country by coming and spending money, as well as spreading awareness of your country abroad. But they do not necessarily have the best long-term in…

Here are my thoughts, sorry to link out…but I wrote this straight onto twitter. Conscious* @conscious_algo 1/A thread about Governance Proposal 3.1 (here: https://t.co/VPvkQdryJd) Here are some thoughts on the purpose, and why it doesn't make sense. This isn't meant to explore every a…

It must be said, that the intentions of this proposal are not totally clear to me either. Is 3.1 more about growing TVL or shifting governing power from exchanges to DeFi participants? I really think keeping things simple makes more sense, especially at the beginning. We have so many people to onboa…

I think this is the right direction. The voting periods are restrictive and odd. I don’t know much about cosmos governance but I’ve heard good things. Let’s not reinvent the wheel or stick with some original idea that doesn’t make sense. This is what I see happening currently. The foundation doesn’t…

A few thoughts as an active observer of the Algorand ecosystem. The 1 ALGO = 1 VOTE has been heavily marketed by everyone on the Algorand side and is a nice feature that is obviously as fair as it can be - given that algos are seen as citizens of Algorand. Even with this simplest definition of votin…

I think Foundation and Saith are doing a good job - they elaborated one idea and are seeking community for opinions. We can’t build the best governance system over a night. It requires good engineering team and evolution. That being said, I don’t agree with the current proposal but I trust it will …

Evolving Algorand Governance

Governance Discussions

Conscious June 1, 2022, 3:09am 191

Here are my thoughts, sorry to link out…but I wrote this straight onto twitter.

Topic		Replies	Views
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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