Likes - Activity - fifth.race - Algorand
xGov Council Election 2025
Here, I created a list of xGov Council candidates. There are also icons, so I think it’s easier to visualize. Please feel free to use it for comparison and consideration. The Japanese community is working hard too!
Happy to answer any question sent my way - thank you all for considering my application. Regardless of the outcome I’m looking forward to finally getting xgov started and some much needed funds getting injected to our eco!
Reti’s Dashboard Update
Reti’s dashboard will be updated soon to show indicators for Validator performance (voting/proposing). I’d use that combined w/ APRs that will be shown soon (and which can vary a bit due to block rewards being highly variable due to block fees - and longevity of the pool).
I’m not sure who is hosting reti.app. The official URL is https://reti.nodely.io/
AlgoGard Bug Bounty Issue
So while this doesn’t immediately affect the whole ecosystem it’s setting up a bad precedent and therefore adds risks to the whole ecosystem. The tldr is that Algogard is not paying out a bug bounty to @Swaggelwander (dev from vestige) after he reported an exploit to them because he notified the per…
December Governance Drafts
Measure 6 is a bad proposal, and I will STRONGLY urge the foundation to not pursue it for this governance period. Whereas fundamentally I believe we should find ways to encourage consensus participation, this proposal, even if open to anyone, in practical terms will only see one beneficiary, Folks Finance.
I would like to see FAIR consensus incentivization. Not just online escrow accounts from folks, but also other online accounts, and also public participation nodes.
Governance Period Discussions
I agree this seems like something that should have been put to a vote, but I think the fact that there was a limited supply of ALGO available in the wallet where this liquidity came from would presuppose a limit to the power on-display here. That said, even if we had the mechanism to make such an e…
Hello. Question: why does the Foundation 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, …?
Overall Governance Sentiment
Beyond the specifics of the three proposed measures, I believe it’s important to note in a broader sense that these proposals mark a tonal shift in governance measures. Up until this point, every governance measure has included an option of keeping the status quo. None of these measures do so.