Liquid Governance on Algorand
Liquid Governance is the process of DeFi applications providing governance services on behalf of end-users. In this process, users are able to commit their ALGOs to DeFi Applications which will allow them to participate in governance through their offerings. In return, these DeFi applications allow end-users to participate in DeFi on their platform. Users are offered many types of services, but the purpose is clear, that is to allow users to obtain governance yields on top of any potential DeFi yields.
AlgoFi Vault
The Algofi vault will enable ALGOs committed to governance to be used as collateral for lending and borrowing, thereby unlocking Governance liquidity for the Algorand DeFi ecosystem.
Folks Finance
Governors can commit their ALGOs to Governance through Folks Finance Algo liquid staking Governance program and receive a new asset named “gALGO” – which is pegged to the value of ALGO – in a 1:1 ratio. gALGO can be deposited, leveraged as collateral, or taken off the platform to participate in other DeFi protocols.
Gard
World's First Algorithmic Stablecoin on Algorand's Blockchain. GARD allows Algorand Governance participants to draw a stable line of credit from their participating tokens while still earning interest on their principal.