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…

Thanks, @averagezen , I appreciate your thoughtfulness. I agree that this will be an excellent xGov use case, but the issue lies with the: will projects in need of assistance survive until Q3 when xGovs will be evaluating measures? If this measures passes we would be taking assistance proposals in …

[image] Adri: will projects in need of assistance survive until Q3 when xGovs will be evaluating measures? thats my fear as well. so although its not a perfect solution i think its needed right now

I think if a project can communicate the need for immediate urgency as a requirement for access to these funds in addition to the other requirements and changes aforementioned, that would be sufficient.

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 …

@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

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, …?

[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…

Governance Period 6 Draft Measures - Community Check In

Governance Discussions

LoafPickle February 17, 2023, 7:01pm 8

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?

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Governance Period 6 Draft Measures - Community Check In

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