## GP8 Measures DRAFT DeFi Rewards Allocation Q4

My view is that as a community we’re not getting very much out of the Governance rewards program. Current programming squanders both time and financial resources (42 million ALGO each quarter). Allocating a significant amount of ALGO purely dedicated toward answering a handful of questions every quarter seems ineffective.

## Governance Period 6 Draft Measures - Community Check In

Appreciate the feedback. In my opinion, I go back to the notion that blockchain in general feels like its Microsoft in search of Windows 95. It's just so early. There are too many barriers to drive mass adoption; the technology is clunky, you need to remember a pass code, store it securely, and much more.

Thank you for the response, @Adri. My view (and I think the view of a lot in the community) is that when it came to maybe the most critical issue in Gov 5 - offering no change to rewards - this option was voiced loudly, and the foundation refused to put it up for a vote. The most important decision was sidelined.

## Governance Period 6 Draft Measures - Community Check In

Serious question: why seek the community’s feedback? We did this last quarter, and there were consensus views from the community that were not implemented before the vote. My two cents: why get into the business of bailing out anyone? Why not just let market forces work? There’s plenty of room for improvement.

## Binance risk and USDCa

Given the recent FTX collapse, it's safe to say Algorand’s exposure could have been much worse since the Foundation only lost $1m USD tied to the recent USDCa listing news. Do we really want the Foundation to formally promote a Binance listing of USDCa in the future? It's a tough position to be in.

## Feedback request on proposed Q4 2022 governance measures

I’ve always thought of Algorand as a gateway to real-world utility and a bridge from TradFi, providing guardrails for the banking system and corporate Internet of Things databases, etc. I understood that this would require a long-term build-out for that type of adoption.

The tone of these measures comes across as not well thought through/sloppy, which can easily be interpreted as hiding information at a high-risk moment for the industry. MEASURE 1: Why does the answer have to be binary and not a spectrum? For example, why can’t you simply provide a sliding scale as an option?