Replies - Activity - fisherman.algo - Algorand
xGov Platform - Beta Testnet Launch
Hi, I signed up and would like access to propose! TY
Official announcement for Reti Pooling users about Governance Period 15
Algorand governance is not a protocol. It’s a single off-chain script that scrapes the indexer, tallies balances, and writes to a database that only the Foundation has access to. That script has been tweaked in the past to include LP tokens, LSTs, etc. There is no consensus rule, no on-chain logic,…
The xGov Council Call for Applications
Will staked ALGO be counted?
The xGov Council: Shaping the future of xGov
I believe council members should be able to submit proposals but should need to abstain from voting on their own proposals. If they’re building open source public goods that are providing value they should be able to be rewarded for that. I worry the best suited for the council wouldn’t want to join…
GP13 Governance Measures
Thank you! Looking forward to seeing this new structure take shape.
GP12 DeFi Rewards (TDR) Proposal - Messina
I suppose paying it out in mALGO adds a bit more friction, but not enough on its own to make it unattractive for opportunistic people. If someone can increase their APY by sybil attacking the rewards they probably won’t mind needing to do one additional step of swapping the mALGO to ALGO.
Great updates! I have a question on this part
When you participate in a pooling solution (like Reti Pooling) the account that is actually participating is a contract account. The xGov voting power will need to be given to the owner of the pool - not the pool contract itself. I hope this can be a…
Evolution of Governance
Update: The xGov validator checks were failing due to having the proposal labeled proactive and retroactive. I have altered the proposal to only be retroactive. I have also updated the delivery date to May 1st, 2024.
Retroactive Funding Discussion
Just because it’s possible to get a retroactive grant through Xgov doesn’t mean it’s substantial, efficient, or effective. It’s a lot more than just me saying it sucks. I believe I outlined this in my blog which was in depth on why RPGF works significantly better than whatever Xgov is.