Rationale: Lately we’ve seen the online participating stake trending lower (sitting at ~1.6B ALGO right now), this is probably a side effect of general market conditions where retail/institutions start to lose interest and move away from the cryptocurrency space, on top of that there’s also a very …

Keep it simple and integrate #Algorand Governance with consensus participation. Make consensus participation a requirement for #Algorand Governors. Details would need to be flushed out, e.g., uptime criteria.

Makes sense to me. The extra rewards for DeFi governance participation incentivized me to take my stake off my node. I could see a 50/25/25 split. 50% for governance 25% for defi participation 25% for online wallets, an even 1/3 each, or like oyster said requite governors to use an online wallet or …

Yeah, absolutely. I also moved my ALGO towards DeFi once the Foundation started rolling out incentives and look at what it did to TVL. I’m pretty sure this will have a similar effect regarding online stake, and turns out we could do both DeFi and consensus simultaneously which is great. I also agre…

Need to node intensifies! Supporting this. Reward node runners. Well written Naut! Anyone can node if I can! Come check out: Knights of Algorand & Node Keepers while you’re at it! Tell em UncleSam.Algo sent ya!

No wallet outside of Inc is anywhere remotely close to 33%. Furthermore my understanding on the protocol such an attack would not take the network down or create malicious blocks since there are 3 committees and a recovery mode on timeout/stall. I am strongly opposed to node rewards as it brings in…

Most likely it would slow down the network, yes, it shouldn’t take the network down completely because relay nodes are somewhat controlled by the Foundation as well, which is not a good mitigation barrier imo. Nonetheless, I appreciate your input as it’s always good to read different perspectives E…

It may start out temporary, but would not be guaranteed to end as expected. You create pure business motive for node running, and those business will use resources to protect their business/profit. They will work to convince people to make it permanent, they will work to make it more difficult to r…

Do you believe the DeFi community on Algorand will behave the same way you just described? Because the incentive is exactly the same, I honestly don’t see the difference

There should be the max staking limit per node for rewards similar to Ethereum staking model. It makes the consensus more resilient otherwise even if the same entity runs multiple nodes. Basically, it will encourage whales to run multiple nodes as opposed to one to maximize their benefits and contr…

[Temperature Check] Reward node runners through governance

Governance Discussions

thezec December 21, 2022, 1:52pm 3

I’m also in this camp. Make node setup noob friendly, than tie governance to it. If you cannot run your node, join through some protocol like Folks Finance.

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[Temperature Check] Reward node runners through governance

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