# Evolving Algorand Governance

**URL:** <https://forum.algorand.co/t/evolving-algorand-governance/6646>\
**Category:** Governance Discussions\
**Tags:** defi\
**Created:** [May 3, 2022, 6:58pm UTC](https://forum.algorand.co/t/evolving-algorand-governance/6646 "2022-05-03T18:58:49Z")\
**Posts on this page:** 1\
**Showing post:** 90

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**Author:** ![HolisticNicole](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.algorand.co/holisticnicole/32/1871_2.png) [@HolisticNicole](https://forum.algorand.co/u/HolisticNicole)\
**Post date:** [May 4, 2022, 5:47pm UTC](https://forum.algorand.co/t/evolving-algorand-governance/6646/90 "2022-05-04T17:47:48Z")

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> [@oysterpack](#):
>
> The mission is to maximize ecosystem growth and decentralization.

Yes. But I don’t believe sacrificing governance is a good idea, and if we transfer the algo distribution to effectively just pick winners and losers, are we really creating more decentralization, or less? Honestly, I think the answer (at least in part) is that governance needs to be given more to do, and have more “stroke” over decisions and direction. Maybe ultimately this will happen, but right now I think it’s largely unimportant… which is really too bad. I think instead of tying governance **PARTICIPATION** to DeFi, maybe we should look at tying the **REWARDS** to DeFi. Rewards issued through a defi platform smart contract, staked or providing liquidity and locked for a pre-determined amount of time (6 months? 12? I mean, maybe even longer! I’d lock my rewards for 2 years.) before they can be claimed. That gives you 280 million coins/per year that are **REQUIRED** to participate in DeFi, without altering anything else - including the vision or roadmap of governance. It would also prevent taking rewards and immediately dumping them - especially by exchanges.

> [@oysterpack](#):
>
> As a positive side effect, this reduces the wasted rewards that are sent to centralized exchanges.

Totally. And I think something needs to be done about this issue. I don’t think anyone is under the illusion that exchanges are going to vote with the best interest of Algorand in mind. For the love… Coinbase won’t even display $algo on a Top Movers list or post news/announcements (ZERO mention of the FIFA deal, which had to be one of the biggest announcements in crypto of late). Is there some way that Exchanges could be made ineligible altogether? Ultimately, they’re really a big part of our problem in a lot of ways.

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