December 9, 2020
New, Long Term Algo Dynamics Model
By Algorand Foundation
The Algorand Foundation has today proposed a revised, long term Algo Dynamics model. Designed to run for a greater than 10-year period- that is up to 2030 and beyond - this new model will focus on programs around ecosystem support, community incentives, and the decentralization of decision making and governance on the Algorand blockchain - a long-held goal of the Algorand community. Central to these programs will be a new community rewards system, benefiting the participants, existing and future, who commit to participate in the governance of the Algorand ecosystem and prove their commitment by locking their Algos for a potentially long term.