News from the Foundation

Algorand Foundation Transparency Report -- June 19 - Nov. 1, 2019

Algorand EAC releases first State of the Economy report.

Algorand Foundation confirms burn of Early Redemption Auction Tokens.

Relay node runners vote to suspend their own daily rewards for the next 30 days in order to develop an improved plan for relay rewards that supports the long term vision of the Algorand Network.

An updated on the suspension of vesting for eary node runner rewards.

Proposal to extend the temporary suspension of vesting for an additional 30 days has received significant support and therefore will be put to a vote.

August 2019 200 Million Algo Staking Rewards Program required KYC process and the deadline to comply has been extended from October 10, 2019 to February 10, 2020. Participants should read and take action as appropriate.

The foundation has completed the processing of the optional early redemption: Of the 25 million Algos auctioned on June 19, 2019, about 19.9 million Algos (or 79.7%) were voluntarily rendered for early redemption.

Relay node runners vote to suspend their own daily rewards for the next 30 days in order to develop an improved plan for relay rewards that supports the long term vision of the Algorand Network.

Details on the voting procedure for Economic Improvement Plan 09092019PC.

After a 7 day review and feedback session, the Algorand Foundation shares the next steps for the Economic Improvement Proposals.

The Algorand Foundation shares recently received Economic Improvement Proposals with the community.

In the spirit of transparent communication regarding ongoing ideas and proposals, Massimo Morini of the Economic Advisory Committee shares preliminary guidelines for Economic Improvement Proposals from the Algorand Community.

As of today (August 19, 2019), 98 million Algos have been staked, with 102 million Algos remaining. This means participants stand to receive 2.04X Algos for every 1 Algo staked.

Inclusive program offers participants an opportunity to earn a return of more than 100% for holding Algos and supporting the network

Massimo Morini shares his thoughts on recommending actions to encourage behaviours aligned with long term value creation.

Focus on economic policy and incentives aligned with long-term growth and transparency

The Algorand Foundation’s mission is to promote the long-term success of the Algorand public blockchain network.

The Algorand Foundation is excited to announce its partnership with New Profit to further opportunities for blockchain applications for social impact organizations and initiatives that are creating equity and opportunity in America.

As we previously shared, the Algorand Foundation has put in place safekeeping measures to ensure that we are able to fulfill our refund commitments to our auction participants under the terms of the Auctions.

We encourage our community to stay vigilant and aware of fraudulent activity.

We would like to thank you our community again for participating in the inaugural token auction of the Algorand Foundation.  

The Algorand Foundation is excited to share Tether’s announcement of their integration with the Algorand protocol. 

The Algorand Foundation is excited to announce Co-Pierre Georg as the latest member to the EAC. 

The Algorand Foundation welcomes auction participants to the Algorand community!

There have been many questions regarding Algorand’s circulating supply.

This post is intended to help answer common questions about rewards from Algorand users.

Algorand Foundation ushers in the Borderless Economy built on first-of-its-kind public and permissionless blockchain platform from Turing Award winner Silvio Micali

World’s Leading Technology Institutions Come Together to Support Broad Algorand Ecosystem

June 19th Dutch Auction will mark the official launch of the Algorand network as tokens enter circulation

Dr. Tal Rabin, former head of the Cryptography Research Group at IBM’s T. J. Watson Research Center, appointed to lead research at the Algorand Foundation