Please also see our news item sharing key upcoming dates related to Algorand Community Governance here Official community for Algorand - World’s first open source, permissionless, pure proof-of-stake blockchain protocol designed for the future of finance. Here is a video tutorial for the previous version of this spreadsheet, which has been updated to include details on period 5. It wouldn't be double taxed. 8Bn Algo committed by 37. It also can calculate past periods. There is also a video tutorial to walk you through all the spreadsheet's features. 62% in the past day, and its USD value has decreased by -21. Currently, there are approximately 10,000 active LP positions in the 50 largest pools selected for TDR Farms, marking a 20% growth in the past quarter. AlgoExplorer allows you to explore and search the Algorand blockchain for transactions, addresses, stake rewards, stats, tokens, price and other activities taking Governance Rewards The introduction of Decentralized Governance has already given to the Community the possibility to choose the level of their Rewards for being a governor. The rewards collected by the DAO in previous governance periods (both registration and extended phases) are used to sign up as a governor in the next period. Examine the long-term compounding effect of staking - per asset, provider, staking amount and price scenario. All eligible governors who successfully voted on the voting measure and maintained Apr 18, 2024 · The purpose of this document is to provide more detail about the governance program that was recently announced by the Algorand Foundation, and its implementation. Check detailed Guide on Decentralized Zero-fee staking. Each xGov Term will last 12 months and have 4 voting sessions, one per quarter. 8K governors participating. End of Governance Period for G1: Midnight 11:59:59 PM SGT 31st December ( you must keep your account balance above your governance commit until this date to ensure eligibility to claim rewards ). It has a spreadsheet to see past rewards as well. This program will reward developers for creating tutorials, solutions and video content. Note that after the first governance period there will be no more participation rewards (I. As outlined in the Algorand Governance 2024 Timeline, governance rewards will therefore be made available for GP12 (July 1, 2024–September Governance sign up period 3 is coming up! If you need a quick tool to project out your governance earnings to understand how much you should lock up… May 21, 2022 · Measure #1 from Governance Period 3 is good & bad in that the Foundation is indirectly educating ALGO ecosystem developers and liquidity providers to encourage incentivizing investors in a healthy, free-form manner to retain users as many as possible long-term, thereby securing the additional “rewards” from each gov period and the ecosystem continuing to be stimulated. Sorry for the later update, I am about to have high school finals + was busy with uni admissions. The Governor’s rewards for that period will be deposited in the xGov Term Pool and the xGovernor will start their xGov Term and be allocated Votes, where 1 vote = 1 Algo. End of Governance Period for G3: Midnight 11:59:59 PM SGT 1st July ( you must keep your account balance above your governance commit until this date to ensure eligibility to claim rewards ). averagezen August 13, 2022, 1:56am 14. Edit edit: Keep in mind this is a LOWER bound - it assumes that everyone votes and upholds their commitment. January 4th, 2022 - The Algorand Foundation is pleased to confirm today the automated distribution of Governance Rewards to eligible Governors who participated in the 1st period of Algorand Community Governance (G1) is completed. The Algorand Foundation will now begin the process of community Dec 21, 2022 · Zilla December 21, 2022, 3:18pm 4. 5 LP tokens is the same as 66 Algo. A notable achievement is the generation of $60M in volume over the last three Create a copy of our free Algorand Governance Reward Spreadsheet. 69% (6. Earning tokens for running a relay node was a program that the Algorand Foundation put together for bootstrapping the network prior to and at launch, as the FAQ from the foundation linked above references. This measure provides extra incentives to governors who are DeFi users. The total amount available for governance rewards distribution in GP10 is 30M Algo and this measure proposes rebalancing the allocation up to 50% of governance rewards to DeFi, including the Targeted DeFi Rewards. On September 30, I withdraw half. Update Ledger Live through the notification banner or download the latest version. 7 million Algo, with 7. 8k eligible governors, 95% of the vote was in favour of Option A. Measure 3 - Targeted DeFi Reward Boost Repeat. Governors who miss a vote, or fail to maintain their committed number of Algo during any point of time in the relevant governance Aug 26, 2023 · The rewards (Say all or portion of fees + any extra Algos the foundation adds) go to a single participation node through a lottery (in parallel or combined with the committee selection) in each round, independent of its Algo stake size. 94%, and with 5,000 ALGO principal, monthly compounding would net you 5305. We can have few tiers to measure the governor activity. Thanks for confirming! GALGO. Allocate a higher amount (25MM ALGO) to DeFi rewards. Founded by Turing Award-winning cryptographer Silvio Micali. Thanks you all for being a part of the journey. Governance Reward Distribution* for G3: July 1st September 23rd, 2022 - The cooldown period for the 4th period of Algorand Community Governance vote is now complete with both voting measures put forward in the fourth period of Algorand Community Governance now finalized. We are very excited about this opportunity that the After more than four years MyAlgo has shut down. If the sign up phase is closed for the current period, you must wait for the next period’s sign up phase to open. The total amount available for governance rewards distribution in GP9 is 40M Algo and this measure proposes increasing the DeFi rewards allocation to 27. Each governance period takes one quarter so you take your amount committed to governance, multiply it by 0. You’ll find four tabs in the spreadsheet: TVL Fees: Total Generated Fees (7/11/23 - 7/02/24) Active Users: Active Users (7 xGov: The next step in Algorand Governance. Aug 17, 2023 · A warm hello to the best community on the planet :)))) Governance Period 8 voting will open at the start of September, and we are seeking your feedback on the drafted measures before adding them to the ballot. At the last governance period, governors voted for the allocation of a 5MM ALGO boost out of an approved DeFi rewards Web application of Algorand Governance Program May 27, 2023 · Algorand governance is a program that allows Algorand (ALGO) holders to participate in important decisions and voting that impact the Algorand ecosystem. Mar 21, 2022 · The second Algorand Governance vote is now complete and option A, the creation of an xGov tier, is the choice of the Algorand community. Governance AlgoGALGO. As the highest selling collection in the rewards period 1 they are eligible for substantial rewards (approx 18k Algo) plus a 25k Algo art commission. Upon reviewing the transactions, there was some questions raised regarding the top selling NFT collection, Lizard Dreams. Stake your Algorand (ALGO) and earn up to 20% rewards in the Atomic Wallet interface. That specific program is now closed as the network has launched. Period 5 reward distribution breakdown: Standard Governance Period Return- 1. Governance. If we look at the lower maximum of 2^26, that’s 67 million algos running on a single node. Mar 18, 2024 · Governance. I would love to hear everyone’s thoughts. algorand. Governance Period APRs The Algorand Foundation has closed its staking rewards program. Of the 3. Easily calculate current period rewards for your Algorand wallet. We will take your feedback and the governance advisory committee discussions into consideration prior to publishing them on the Feb 21, 2023 · Looking at what DeFi Rewards have done to TVL on Algorand, the addition of total rewards to this pool makes sense. 650 Bn Algo committed by 27. Key dates for your diaries: Commitment Period for G4: 1st July 2022 to 15th July 2022 (11:59:59 PM SGT). By. 4% to 19%. Calculate your rewards over time using the average interest rate, or adjust for different reward rate assumptions. xGovernors who performed all their governance duties will receive their deposited rewards, plus Steps to stake: Go to the Algorand Governance Portaland connect to your wallet. 92%, and the quarterly payout is apy/4? or that each quarter the payout is 15. Active governors will receive significantly proportionally more (2x - 4x) Algo than passive holders. Is the only wallet to support desktop, mobile, and hardware wallet ( Trezor) integration. ⚠️ This is not the actual reward rate for GALGO Staking. 76% APR) Defi Governance xGov: The next step in Algorand Governance. Aug 6, 2022 · Regards. 17. The new period will present challenges when calculating rewards due to the bonus lp algos receive. I could see a 50/25/25 split. Algorand runs on a highly energy-efficient network and is carbon neutral. You'd pay income taxes on the value received, and capital gains where the cost basis is the value of the tokens when they were received. 1. The foundation aims to auto-renew the xGov Grants Program and increase allocation for the NFT Rewards Program. 72% from governance, plus 4. Please note that to participate in governance, you must sign up during the sign up phase. ) Feb 16, 2024 · Tinyman has reported 77M ALGO for GP11 TDR calculations, reflecting a 5% growth compared to the previous period. Dec 24, 2021 · An Algorand Governor, participating in the second Governance period can expect to claim an annualized rewards rate of ~1% from the old participation rewards model and also claim a Governance reward rate (annualized) that will likely fall in the range of 9. 4% when you do not claim any rewards. Jan 30, 2024 · The current whitepaper suggests there will be a minimum and maximum number account balance for consensus rewards, with the maximum initially suggested as 2^26 or 2^27. In other words, if you start with 100 algo you would have 105. The Foundation supports Option A. It is meant to grow DeFi participation on Algorand, thus promoting the ALGO and therefore benefiting all the Governors. Please note that the measures discussed herewith are still being drafted and are not final. We have been very happy to receive 424K ALGO for distribution and have various farms we are looking to incentivize. Hello everyone, Governance Period 7 (GP7) voting will open at the start of June, and we are seeking your feedback on the drafted measures before adding them to the ballot. Allocate the same amount (20MM ALGO) to DeFi rewards as the period (GP7). So a Governor could expect to claim a total annualized reward rate between 10% After 5 years, we made the difficult decision to shut down AlgoExplorer on January 31st, 2024 due to lack of funding. the goal would be to have ~1-2% APY for passive holders. Algorand Foundation. 5M governance rewards algo is distributed proportionally to your potion of the committed stake. 751 and 5304. Governance AlgoRewards Calculator. 75M ALGO rewards for the GP10 and look forward to distributing them through more than Nov 14, 2023 · The Foundation believes that this more targeted use of rewards has benefited the Algorand ecosystem. Feb 17, 2023 · Hello #Algofam, Governance Period 6 (GP6) voting will open in 2 weeks and we are seeking your feedback regarding the algo rewards moderation and the proposed measures below. As of April 2022, staking rewards dropped to 0 and were replaced by governance rewards. I suggest you to read about the governance program (in this sub or on Algorand website there is plenty of information about it) to know how you can continue to get passive income. Extended governance: After registration, the xGov continues to govern with the rewards kept in the DAO for a minimum number of periods, say at least four. The main tenet of this program is that any Algo holder can sign up to serve as a governor by committing Algos to the program for three months and participating in voting during Oct 3, 2022 · Official Governance. Apr 5, 2023 · The Exodus Algorand staking wallet might be a good option. . 92%? Personally I think the 15. September 1, 2023. The extra rewards for DeFi governance participation incentivized me to take my stake off my node. Mar 31, 2022 · the algo. Jun 21, 2019 · Running nodes (relay and participation) is 100% permissionless. Of the 2. As an xGov, you must vote in all xGov voting sessions to Jul 7, 2022 · The third Algorand Governance vote is now complete, and it marks a number of important milestones. 50% to DeFi Rewards, with the further segmentation of up to 7,500,000 Algo for Targeted DeFi Rewards and a minimum of 6,500,000 Algo for DeFi Rewards; A maximum of 650,000 Algo to NFT Rewards; A maximum of 2,000,000 Algo to fund xGov projects, pending results of xGov voting session 3; A minimum of 11,100,000 Algo to General Governance Rewards. 5M Algo for DeFi Work continues on consensus incentivization, which is currently anticipated to go live towards the end of 2024. Jan 3, 2024 · Hello everyone! We wanted to post here our plans for distribution of GP10 TDR. At the completion of the Governance Period, the governor must be eligible for rewards. In comparison, the impact on DeFI volumes has not been Wallet Compounding Spreadsheet. In essence, it aims to decentralize Algorand further by giving token holders the ability to have a say in the platform's direction. Asset. The 17,46 is the return per year. To participate check out this link for starters: governance. The live price of Algorand is $0. Web application of Algorand Governance Program Jan 11, 2024 · This article describes how to sign up for the Algorand Community Governance Program with your Ledger device connected to Pera Wallet and get ALGO staking rewards*. Final Thoughts on Algorand’s Governance Jan 5, 2024 · Bahadir January 5, 2024, 5:58pm 1. Basically, receiving rewards works like an actual lottery and the only required qualification is running a And then at commitment time, the Algorand foundation will calculate the equivalent Algorand. With a circulating supply of 8. And if the investor keeps that commitment, they will get the same rewards as someone who invested a straight 66 Algo. 14B ALGO, the market cap of Algorand is currently 1. The price of Algorand changed by +0. The AF team supporting this release utilized two specific snapshot dates for the information shared in the spreadsheet. e. 02% to 14. Rewards are distributed at the end of the three-month period, and you have to make sure you vote during the voting period and maintain your balance throughout the three-month phase. At the end of their xGov Term, xGovernors who did not perform their duties forfeit their ALGO deposit, which remains in the pool. NFT enthusiasts recognizing Algorand’s numbers in comparison to other chains deploying May 17, 2023 · Adri May 17, 2023, 12:12pm 1. Fedora. To continue receiving rewards, you will need to sign up for the Governance program (Become a Governor). View past rewards, measur Aug 17, 2023 · Measure 5 - DeFi Rewards Q4 Allocation The community voted strongly to allocate 25M of Algo rewards in GP7 to DeFi, with 7. Here are some examples from Q4. 05%. As mentioned in an earlier post, Ledger staking rewards have been discontinued for several months at this point, in favor of the Governance rewards program. 50% for governance 25% for defi participation 25% for online wallets, an even 1/3 each, or like oyster said requite governors to use an online wallet or participate Governance rewards was paid out at 1% for period 8 or 4% APR according to rewards I received, however when I calculated according to the statistics for period 8 as shown on the governance website the rewards worked out at 42M/2. 1746 and then divide it by 4. -1. On October 14, I commit those 500 algos to governance. One comment though, just my opinion, I think if you move the normal staking rewards to the left so that it's in line with governance and total rewards (and move the governance APY elsewhere), that would make the breakdown of APY much clearer. One the one hand, I can totally see the argument that your balance must not drop below the amount you've committed for the entire duration of the governance period (not the date you actually committed them). The Web application of Algorand Governance Program Algo Governance Rewards and Staking Calculator Calculate Governance Rewards. In order to avoid a trivial choice, the measure regarding the Rewards in the first year gave the choice between higher rewards, with a componente of slashing in case of earlier withdrawal, and lower rewards without an Apr 22, 2020 · The Developer Ambassador Rewards program (DevAms) was established to reward developers that are passionate about the Algorand community and want to help educate other developers by creating online content. To join the program, you opt-in when signing up for governance and, if you maintain your eligibility, your governance rewards are deposited to the next xGov Term Pool for 12 months. Currently the APY is listed as 15. 1771, with a total trading volume of $ 4M in the last 24 hours. 2 in December :D. Because of this, I created a blog post with a video tutorial and a free spreadsheet that calculates governance period APRs and the rewards your wallet will receive. Makes sense to me. Focus on premium design and ease of use. The apr on algorai was inconsistent with the returns and defi rewards last period and would only update changes to defi apr after the fact. 92% - does that mean that the payout after a year will be 15. March 26, 2024. 5M Algo allocated directly to the projects through the Targeted DeFi Rewards program for Q3-Q4/2023. You can read here: Humble DeFi: Gov Period #10 Rewards (Q1 2024) | by Andrew | HumbleDeFi | Jan, 2024 | Medium Best, Andrew (Shaman) Dec 16, 2023 · The most important aspect of governance is the ability to have a say in the fate of the Algorand ecosystem, however, there is another equally interesting aspect: the rewards. A published guide on Governance Rewards and the Reward Rates that can be claimed by Algorand's new Community Governors in the second Governance Period are available here. Update the firmware on your Ledger Nano S / Nano S Plus / Nano X. Official community for Algorand - World’s first open source, permissionless, pure proof-of-stake blockchain protocol designed for the future of finance. So, I created this spreadsheet that uses Algorand's API to pull current and past governance information into a Google Sheet. 902, respectively. Tokenomics Algorand Foundation opened voting for its Period 8 governance measures from September 1 to September 15, 2023. May 17, 2023 · For an intro about all GP7 proposed measures, please see this post. 4 B = 1. Also removed some redundant statistics about staking that were no longer accurate. Check Hashsum. rewards for just holding algo). The DAO will vote on behalf of Dec 31, 2023 · Joining the xGov program is a commitment to the decentralization of decisions in the Algorand ecosystem. Gives you the ability to swap cryptos for other cryptos right from your wallet - without Web application of Algorand Governance Program Jan 5, 2023 · Link. And I was referring to period 1 rewards, not period 2; so returns would only increase and not Each xGov Term contains a minimum of 4 voting periods, running in parallel to the General Governance quarters. In Australia even though we pay tax on the rewards (treated as ordinary income)it also forms part of the cost for capital gains purposes. On different social platforms, members of the community commented that Governance rewards Yes, I know this, I just didn't want to do it manually. Governance Rewards for 2022 was decided by the first I’ve written an article about how to calculate rewards. Measure 5 - NFT Rewards Approval NFT monthly trading volumes in February and March 2023 on Algorand have been reducing compared to the previous year – likely due to the continuation of the bear market and the MyAlgo hack, which impacted many NFT creators and collectors. So in my example, 7. Continuing with the moderation initiated during this period, the overall governance rewards available for Governance Period 8 will be 50MM ALGOs The first step you take is connecting your wallet to the Governance dashboard. 4 algo after 1 year without claiming any of the rewards. Compounding biweekly or weekly would yield less than either (5304. To get to 10% APR governance rewards for this season, more than 40% of algo needs to become ineligible, which is very unlikely. Choose from 50 crypto assets in 8 categories. 7% APY they receive passively. 75% for period 8 forgive me if I am missing something here but can someone shed some light on this and allow me to understand what I may be missing here? Jun 8, 2021 · The goal of this exercise, assuming the referendum vote is successful, is to begin to implement decentralization of the governance of the Algorand network from Oct 1st this year. Jan 12, 2024 · Hello - so I checked on the governance page and it shows I am “Eligible” for Period 9 rewards, but they look like they were completed Jan 7th - nothing in my Pera Windows. Please detail how many algos for each vault. This is not a plan at all. Detailing the exact number of algos per vault to be distributed across the 12 periods makes calculating Nov 14, 2023 · NFT Rewards Approval and Allocation The NFT Rewards Program effect has gone beyond volume growth, as shown in our latest progress report, and proved to be a source of attention from platforms and users on other chains strengthening our positioning among other top NFT chains. Jan 5, 2024 · APT January 6, 2024, 3:51am 3. Due to popular demand (when one googles "algorand governance calculator" this terrible website is the first thing that pops up), the calc now supports period #3. Ubuntu. Explore more Assets. NFT Rewards from Shufl. March 3rd, 2022 - The Algorand Governance Period 2 Vote is now complete and Option A, the creation of an xGov tier, is the choice of the Algorand community. You can make your own copy from the link above. ) After 5 years, we made the difficult decision to shut down AlgoExplorer on January 31st, 2024 due to lack of funding. 208 after a year, whereas daily compounding would bring in 5305. Jan 4, 2024 · 106. Joining the xGov program is a commitment to the decentralization of decisions in the Algorand ecosystem. Jan 11, 2022 · Note that in coming years, the Algorand Foundation aims to remove the participation rewards and simply have the governance rewards to encourage holders of Algorand to participate in the shaping of its future, however for the time being all holders of Algo can enjoy the 4. This is simply an estimation based on the industry average reward rate of %. MacOS. Debian. 85% from staking (as per Algo Explorer) Edit: Confirmed by the foundation. AlgoExplorer allows you to explore and search the Algorand blockchain for transactions, addresses, stake rewards, stats, tokens, price and other activities taking Feb 22, 2024 · GP11 DeFi Rewards Calculations. The current APY is apparently 5. As you already know, Algorand works with a system of rewards for those who holda of Algo’s in an address they own, these are participation rewards . 02% over the last week. foundation. We are deeply grateful for the journey we've shared with you all. Governance is a decentralized program ALGO holders can join and vote on the future of the Key dates for your diaries: Commitment Period for G2: December 25th 2021 to January 7th 2022 (11:59:59 PM SGT). Total stake voted so far stands at 575. The program is based on previous programs we have run over the last two quarters with some minor changes to try and encourage a more even distribution of…. Our dedicated FAQ page for Algorand Community Governance. Before you start. Hello Algofam! We’re here to share our plans for GP10 and our latest achievements regarding the GP9 - Algorand DeFi Powerhouse: Tinyman’s Period #10 | by Tinyman | Jan, 2024 | Medium. Voting Measure 1: Designating 7M ALGOs from the Q4 2022 governance rewards to DeFi governors. . Spreadsheet Benefits: Track committed Algos Track current and past governance period ROI % It 's 5. Calculate Your ALGO Staking Rewards. Governance as it currently stands provides little benefit to the overall ecosystem and prior to the the new rewards structure including things like LPs, it only created a competitive yield against sources like LPs and discouraged Tha bad news is that in 2022 staking rewards will be slowly phased out and by the end of 2022 there will be no more. I've got 1,000 algos staked at Yieldly. Hi Algorand, Here are the ALGO allocations for governance period 11. 4B USD, marking a --% increase today. It includes features like: Support for unlimited crypto assets. We have been delighted to receive 1. That said, the Here is a spreadsheet you can copy that will calculate your wallet's rewards for period 5 and all past periods. These incentives are limited to 7M only, and only regard May 9, 2022 · from the Algo inflation, put 60% into governance pools and 40% for Algo holders and governors. Once we have a date for the consensus rewards update, we will be able to define whether or not we will have governance rewards in Q3, all else will With each quarter there seems to be some confusion around how many Algos a user should receive from Governance Rewards. 3148. 597 after the same amount of time. As introduced last month, we are posting the proposed measures in three threads to facilitate the The increase in APR is propotional to the number of governors who drop off, as the 70. This Governance 2024 Timeline, published on 13 March, outlines the governance program plans for this year, in particular how governance rewards will be affected by consensus rewards. Learn how to use the calculator. The overall governance rewards allocation for Governance Period 9 will be 40M Algo. Governing wallets that participate in the vote and maintain their committed number of Algo for the full governance period will receive their distributed rewards at the end of the relevant governance period. 6k eligible governors, the vote results for both measures are outlined below; Aug 30, 2023 · We have completed the first period, which ended on the 14th August. Commit your Algos by clicking the ‘Commit Algos’button. Step 2: Commit Algos Next, you sign-up by specifying how many Algos you want to commit to the Governance period. 92 is divided up over the quarters, but I 12. There are several issues that causes me some concern here: r/AlgorandOfficial. As Brian ( @bhaney44 ) has pointed out, it you have an alternative proposal for the community governance voting mechanism, we would be very interested to hear and Absolutely nutty the governance site itself doesn't have this, makes them look incompetent as hell. Learn more about the consensus incentivization (Réti) update in the Algorand 2024 Roadmap . Option B. 2. Introduction. Algorand Foundation’s official governance program allows you to stake your Algo directly with them and offers an APY of 10. Web application of Algorand Governance Program Something that I have seen some ambiguity around lately has been the payout for Algorand Governance. May 17, 2023 · Option A. That will give you your personal return this period! hell yea, I get a nice 0. (The Foundation supports option A. Since it's such a simple calculation, I figured it must show somewhere on the governance site; but it appear that alas, this simple lifehack did not get in the forethought of the programmers. Hi, here is the proposal for the Shufl Q1 NFT rewards program. mk yc zf kl in zt ax mm rj gm