The Algorand Foundation seeks feedback from the community on proposed ballot measures we are considering putting forward for the upcoming Governance voting session in September. Below we describe the measures that we are preparing, their rationale and their possible technical implementation, followe…

their passive reward is not taking away it’s just reduced. they should understand that if they aren’t contributing as much as others to growth they shouldn’t get as much

While I would prefer to stay on the initial topic of this post, I feel obliged to share my opinion on the following: [image] Burninglight: No one (or at least very few) is buying Algorand for a reason other than a desire to create ROI, like investing in a business. Such thinking is the main …

Algorand is not national governance. Maybe for some, but not all. That is a very important distinction.

[image] krebsmenschen: Furthermore, with a rewards for LPs people will be edged into going a way more risky road, which can result in impermanent lost. Algorand should be neutral about all this! This. The idea that we are using governance to to bolster the use of defi protocols (independent, …

[image] JonP: Secondly I think if what you want to incentivise people to stake and lend on DeFi then just incentivise that. We don’t need to create a complex and permanent governance system that includes that feature, just have two separate programs. This is really the heart of this issue. We…

A few back of the napkin math checks here. This is very rough, but for context of what scale the proposed impact could have: Current Governance Period Algos locked: 3.8 billion Current governance reward rate 7.41% This gives us 281,580,000 Algo rewards per year to distribute. New proposal is for…

Why not just have different options for staking. Lets say the rewards will be 10% this year: 2.5% for the simple wallet staking that brought many people to Algorand 2.5% for node runners 2.5% Aeneas rewards/ DEFI 2.5% for governance. The more you engage with the Algorand ecosystem the more you …

Thanks @holistic. As @bunsanmachi says, there is a foundation’s role with Defi on providing liquidity and resources to platforms, and one about providing rewards to users that can fit governance as well. Some considerations leading to these proposals: We did want Defi to be in governance, sinc…

Thanks @Domenico This is in line with what the Foundation is thinking for the next quarters: incentivize different option to use Algo stake to support the ecosystem. With a difference: all those who provide continued service and support, should be given the right to vote. Total agreement on commun…

Feedback requested on proposed Q3 2022 Governance Measures

Governance Discussions

HolisticNicole August 14, 2022, 5:36pm 77

I 100% agree with every last word of this. Thank you!

Topic		Replies	Views
Feedback request on proposed Q4 2022 governance measures Governance Discussions community	161	11553	June 6, 2023
Governance Period 6 Draft Measures - Community Check In Governance Discussions community	65	5516	May 17, 2023
Lowering Goverance rewards to fund communtity voted projects Governance Discussions	7	588	May 17, 2024
Counterproposal for Q3 2022 Governance Measures Governance Discussions	0	786	August 22, 2022
GP8 Measures DRAFT for Community Feedback Governance Measures gp8	42	5555	September 6, 2023

Feedback requested on proposed Q3 2022 Governance Measures

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