Governance Period 1 Breakdown

The Vote: For the first community governance vote, the Algorand community voted on a choice of 2 options on how community governance rewards would be distributed in 2022. These options were A: a simplified commit and vote model with no slashing or stake penalties – or B: a higher annual reward pool but with 8% slashing for governors who did not maintain their commitment or failed to vote. The governor community who were able to vote ( our total electorate ) were those that committed to the first governance period via the Algorand Governance app and who had maintained their committed amount in their governance wallet.