Introducing Governance

Earn rewards for your participation in the decision making.

On October 1st, the Algorand ecosystem moved to a decentralized Governance model.

Community Governance enables all Algo holders to participate in the decision making process on the growth and development of the Algorand ecosystem. The Governance approach for the Algorand community is designed for simplicity and maximum participation:

  • Four quarterly Governance periods per calendar year.
  • Each governor must commit to keeping a certain Algo balance for each quarterly Governance period.
  • There will be at least one voting session in each period.
  • Governors must vote in each voting session, but can choose to use a simplified UI to “vote with the Foundation”.
  • Every measure to be voted on will have an information pack explaining it.
  • Compliant Governors claim rewards for their service at the end of each quarterly Governance period.
  • Reward levels are tied to the Algo commitment of a governor.
  • Specific Rewards pool for each period, decided by Governance vote.

The existing participation rewards program will finish on approximately February 27th, 2022, to be completely replaced by increasing Governance Rewards. As Governance is a much more engaged process, with commitment periods and a vote that all Governors must participate in, it is expected that not all Algo holders will participate in Governance. This should lead to higher Governance rewards levels than is currently the case with participation rewards.

A published guide to Governance Rewards and the Reward Rates that can be claimed by Algorand's new Community Governors in the second Governance Period are available here.

As a condition of becoming a Governor and claiming rewards under Community Governance, you hereby confirm you have read, understand and agree to the Disclaimers. The terms and conditions contained in the Disclaimers are incorporated herein by reference.

Becoming a Governor

We have prepared a simple step by step Governors' guide with instructions for would-be Governors on how to participate in Community Governance. Please note the Governors' guide has been updated specific to the second Governance period. The sign up period for the 2nd Governance period is from December 25th 2021 to January 7th 2022 (11:59:59 PM SGT).

We recorded a Community Governance all hands with instructions for would-be Governors on how to participate which is available below.

Become a Governor

Learn how to earn rewards for your participation in Community Governance. The more you participate, the more you help the Algorand ecosystem grow.

Sign Up as a Governor

Partners

Instructions are available for partners within the Algo ecosystem to facilitate their customers participation in Algorand Governance.

Partners

We have compiled a comprehensive list of FAQ's related to Community Governance which are available here. If you have questions which are not covered under the FAQ's, please email us at [email protected]