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…

John, just wanted to say that I really love using Algofi, such a great platform. Have you guys considered incentivizing ACATs In transfers to Algofi from other chains with additional rewards or a one time bonus payout depending on the amount and time period (eg. 3 months) for the funds transfer? I t…

@michel could not have said it any better. Deploying governance rewards through DeFi to reward developers and true believers who are willing to take smart contract risk for high APYs (also known as degens) is the right move. This will increase TVL and incentivize more developers to come into the eco…

[image] 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? Ho…

First off, excited to see folks jumping in here. Algorand is in need of greater discussion surrounding governance and more visibility among the wider Web3 ecosystem - this is a great first start. Passion is important but I would caution against a complete redesign of token economics. This change c…

Thanks for the great discussion on this first day. Answering to @majicman42 because you may appear off track, but I think you are not. The main purpose of this discussion is getting as much as possible what @majicman42 is already doing: users talking directly to developers and entrepreneurs to find …

You gave me an idea … I still favor reallocating rewards from the Governance bucket over to the Aeneas bucket, but I would change Governance to liquid staking (like Folks Finance but zero fees taken). ALGO liquid Governance provides the following benefits: It enables the Governance $ALGO to be cou…

[image] ARO: I think that before we can address your question, we first need to clearly explicate what the ultimate goals of the governance program actually are. If @Massimo , @shaih , or anyone else at the foundation has a document that already clearly lists these somewhere within it, please j…

I’ve heard of Folks Finance, but I’ve not made it over to use it yet. Would you mind explaining what makes their approach unique?

Folks Finance explains it well: Algo liquid governance . Folks Finance charges a fee for the service - 5% of the Governance rewards goes to the Folks FInance treasury. The Algorand Foundation version of Algo liquid governance would function the same way minus the fee.

Evolving Algorand Governance

Governance Discussions

No-Cash-7970 May 4, 2022, 7:32pm 93

Thank you for saying what I’ve been thinking and been wanting to say but in a far more eloquent manner than I ever could.

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Feedback requested on proposed Q3 2022 Governance Measures Governance Discussions	205	13593	January 8, 2023
Governance Period 6 Draft Measures - Community Check In Governance Discussions community	65	5518	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	588	May 17, 2024
Feedback request on proposed Q4 2022 governance measures Governance Discussions community	161	11562	June 6, 2023

Evolving Algorand Governance

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