Hello #Algofam, Governance Period 6 (GP6) voting will open in 2 weeks and we are seeking your feedback regarding the algo rewards moderation and the proposed measures below. Please note that the measures discussed herewith are still being drafted and are not final. We will take your feedback and th…

I’m a little disappointed there isn’t more to vote on. However, I’m good with both proposals. The relief fund seems like an ok use of funds. I’d like the committee decisions to be highly public though. I’m giving up governance rewards to help some projects, so I’d like to know how/where it’s helpin…

Serious question: why seek the community’s feedback? We did this last quarter and there were consensus views from the community and none of it was implemented before the vote. My two cents, is why get into the business of bailing out anyone? Why not just let the market forces work? There’s plenty …

[image] Adri: Measure 2 - Project Relief Pool For this measure, how would the 2.5MM be split amongst the verticals? Would it just be one pool that is drained as needed, or will an amount be budgeted for each vertical? Also how many verticals do we even have?

@Adri thanks for the write up. I’m generally satisfied with the direction of these two measures. I do have some thoughts on the details of measure 2. [image] Adri: Measure 2 - Project Relief Pool Given that some projects are VC backed, it seems a bit strange to give them financial support in…

Wow so if this happens with 50m total Algo reward, rewards for just participating in risk free general governance will be decimated Around 700 for 100,000 algos for the quarter Hbar gives 6.5%, paid out daily, no risk

[image] Porter: Hbar gives 6.5%, paid out daily, no risk Vote Coin gives 10% APY paid out hourly :wink: (All that one have to do is just to hold it or amm token on his account) And its basicly USD, ALGO and BTC index… You can even get the algorand governance rewards if you put it to Algo/Vot…

I don’t like the project relief pool idea, at least without transparency around which projects are struggling and need support. Why not spend the money on building a quadratic funding application where teams can apply for funding? That seems like it would leave us with a lasting benefit, instead of …

Proposals are to be submitted to vertical heads for evaluation and approvals may be processed by the vertical committees - if they are formed - or by (a) the vertical head and/or (b) GAC*. Imo the best solution would be to decide these kind of things on a case-by-case basis following a vote by Al…

I think we should incentivize nodes more

Governance Period 6 Draft Measures - Community Check In

Governance Discussions

algo112358 February 17, 2023, 8:00pm 11

hello.

question : why does the AFoundation try to reduce the quarterly rewards EVERY governance vote? why not just keep it at 70.5M algos, and let governors vote on how to split between defi, vanilla, …?

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Governance Period 6 Draft Measures - Community Check In

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