Hi, is there any way how transparency can be improved? According to current stats there is 449 algo millionaires … Most of them most probably received funds from algo foundation, and some of them really bought it for million usd… I do not have anything against those who invest into algo, but the f…

can you please enlighten me why someone should get 1 billion usd worth of algos with accelerated vesting while other people must buy one algo per usd? Do you personally consider it fair?

I totally agree Why some group have over billion which the community can decide and not algorand foundation I hope the governance can change this tokenomics

Algorand had BTC and ETH to copy off, despite employing economic advisors they managed to totally screw up the tokenomics (whether on purpose or paying themselves as node runners in the millions). Either way the foundation has done a poor job at execution. The only thing the team could do is to us…

If the governance system really gives power the only thing that needs to be change is tokenomics The best is to add a proposal on governance stage and fixing this tokenomics because I understand the team cannot be 100% Right all the time that’s why they even said the governance would decide…

tokenomics is in too deep, the discount and free tokens to early investors (mainly VCs) can’t be rolled back and would be unfair to do so since they took the majority risk. the only way is to increase demand. where there is demand it will snuff out the over supply. the team should focus on both c…

Silvio micali had said in his recent video the governance would have power to change and decide what to do further.

yes but only on the proposals selected by the foundation. there will not be endless proposals tabled to be implemented. I believe it would be like 10-20 proposals for each quarter at the maximum otherwise tokenholders would be sitting there vetting hundreds of requests. they select, then tokenhol…

Wrong … It was clearly said the by algorand foundation the community would decide the tokenomics Durning governance phase.

You believe right you believing with your assumptions I don’t think you are watching their YouTube videos … micali and team did discussed and the community would decide how to proceed with the current tokenomics…

[image] RAIFF: yes but only on the proposals selected by the foundation. there will not be endless proposals tabled to be implemented. I believe it would be like 10-20 proposals for each quarter at the maximum otherwise tokenholders would be sitting there vetting hundreds of requests. that th…

Transparency in algo blockchain / algo foundation

Governance Discussions

RAIFF September 3, 2021, 6:40am 54

that the usage of the AERP! go read the latest update sent out yesterday “The Algorand Economic Evolution Report”.

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Transparency in algo blockchain / algo foundation

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