If you did not use MyAlgo wallet for governance, there are no actions required.

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If you did use MyAlgo, the MyAlgo team has advised all users to either move their funds or rekey their accounts. Whereas moving your funds will make your governance status ineligible, if you rekey your account that will not affect your governance status. It is important to make sure that any transaction cost of the rekey doesn't put the account below the committed amount. 

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Please find below a few tutorials to rekey on other wallets:

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1) Rekey your wallet to a new wallet on @PeraAlgoWallet app:

https://twitter.com/PeraAlgoWallet/status/1630991666814353410

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2) Rekey your wallet on @PeraAlgoWallet web app:

https://twitter.com/PeraAlgoWallet/status/1630284001561681920

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3) Rekey your wallet on @deflyapp app:

https://twitter.com/deflyapp/status/1630576504424783872

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Community Governance features quarterly entry points, allowing participants to join the program on a voluntary basis. Please see https://governance.algorand.foundation/ for current and upcoming governance periods.

No, the Algorand Foundation does not know who the governors are and does not have their contact information, so one-to-one email communications is not a viable option.

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Updates and actions which need to be taken within each Governance Period will be clearly communicated through the Algorand Foundation website, our community newsletter and on our official social media channels.

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Please note integrated wallets (such as AlgoSigner, MyAlgoWallet, Pera Wallet, Defly wallet) should provide notifications related to Community Governance and the web portal will also facilitate notifications.

No, Algo holders are not automatically signed up to Community Governance. Algo holders will need to go to the Governance web portal and declare how many Algo tokens they will commit to each period during the sign up window. To participate, governors will have to sign a transaction to signify their commitment. The Governance web portal can be used to generate a transaction of the right format. A signed transaction to this effect will be required to participate, which you can create via the Governance web portal.

No. A Governor will have to explicitly commit to becoming a Governor for each period of governance.

A Governor can use their existing wallet address to participate in governance, or they can establish a new wallet address specifically for this purpose. It may be the easiest option to create a wallet specifically to manage your governance commitment.

You can use your Ledger device to participate in Community Governance with any wallet that has Ledger integration with support of a transaction notes field. If using Ledger Live, you will not be able to participate as Ledger Live does not support a transaction notes field.

With exchanges you do not have your own wallet address. Exchanges will have different policies on how to participate and you will have to check the respective exchange policies for more information.

You can use a multisig wallet to participate in Community Governance as long as you maintain your staked balance throughout the period.

If you have an Algorand wallet that you control exclusively (Algorand address) you will be able to participate in voting. With an Algorand address you will be able to vote with your Algo balance, you cannot vote with any other asset on the Algorand network.

All Algo holders who commit will have a vote. This will include exchanges that hold Algo and participate.

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As different exchanges operate differently, it will depend on the respective interactions exchanges have with their Algo holders. We have worked with exchanges and communicated instructions on how to provision governance participation for their customers. Consult your exchange to get more information about how they handle Algorand Community Governance.

No, we would not recommend committing every Algo token you have to Community Governance. We recommend that you leave at least 1 uncommitted Algo in your wallet. You need to maintain the committed Algo throughout the governance period and ensure you have sufficient Algo tokens in reserve in the participating wallet to cover transaction fees that will be required during the period.

Voting periods are generally open for two weeks to give Governors time to review the voting measures and cast their vote. Exact voting window dates will be shared for each period.

The Algorand Foundation will submit the list of tasks to the Governors every quarter, providing in advance all the available background needed to allow informed decision-making. This will be available on our website and on the Governance web portal.

The type of topics will be wide ranging and we are not looking for all Governors to be familiar with all topics. This is why the delegation of votes is beneficial especially on topics where you are not as familiar.

The Algorand Foundation will not vote or earn rewards in Community Governance. Its only role will be to set up the voting options and indicate its favorite option. Governors that want to do so will be allowed to opt to endorse automatically the Foundation’s preferred choice, but no Algo controlled by the Foundation will be committed to governance.

Yes. Governors can choose if they wish to follow the Foundation’s advice and vote accordingly.

We are committed to making Governance as easy and straightforward a process as possible. We expect voting options to be simple such as:

• Options Yes, No, or Vote with Foundation
• Option A, Option B, or Vote with Foundation.

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There will not be an option to abstain from voting. To maintain eligibility and to claim Governance rewards, each Governor must vote and maintain their committed Algo balance throughout each period.

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Please note the web portal will facilitate a checkbox to vote with the Foundation’s recommendations.  

Yes, this is the expectation for simple 2 answer questions. For >2 answer questions, we may examine allowing the highest vote choice to prevail. This is an example of a governance decision that will be first put to the community to decide.

This can vary by period. The number of voting measures will be shared in advance of the voting window opening in the respective governance period.

Governors MUST maintain their committed Algo balance throughout each full 3-month period. In other words, Governors cannot move the amount of Algo committed in the designated wallet for the entire period. In addition, they must participate in all the votes during that period.

In terms of a minimum commitment, 1 committed Algo equals 1 vote. Regarding the balance, you need to maintain the balance amount of Algo you committed to the governance period. For example, if you commit 100 Algo to Governance you must maintain at least 100 Algo throughout the Governance period. It is NOT advisable to commit 100% of your Algo balance in the wallet to the governance program, since you will need to use a little of it as transaction fees for the voting transactions. It is recommended to leave at least one Algo uncommitted in the account

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. Governors who miss a vote, or fail to maintain their committed number of Algo during any point of time in the relevant governance period, will not be entitled to their rewards for that governance period. Governance reward distribution will be distributed automatically within a week of the period ending.

Yes, earned rewards can be utilised as you wish.

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Rewards received will be based on what you commit at the beginning of each Governance period. Your commitment at the beginning of the period is the measure of your commitment to Governance. You can add Algo to your governance account beyond the committed level, but they will not count as governing stake, and you will not receive rewards for them.

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Yes.

Governors serve for a 3-month governance period at a time, committing a fixed amount of Algo for this said period. Governors must ensure they participate in all votes and maintain their committed number of Algo for the entire governance period in order to claim their rewards at the end of the governance period.

Governors have to commit Algo to show they are willing to put skin in the game and align their incentives to those of the community. Additionally, Algorand is a proof-of-stake blockchain and the governance voting power will be proportional to the committed stake in governance. (1 Committed Algo = 1 Vote)

The rewards rate will vary per period. This will be determined by the number of committed Algo, and computed as the ratio of the total Algo being committed against the total reward pool for that period, which for now is the amount budgeted for rewards in the Long Term Algo Dynamics page. An overview of examples on how reward rates would be calculated is available here.

The rewards claimed will be proportional to the number of ALGO tokens committed to Community Governance and the rewards pool for each period. We have shared an overview of potential rewards based on levels of Algo commitment here.

No. However, Governors who fail to maintain the required balance '"committed Algo" at any point of time during the governance period will not be entitled to claim their rewards.

No. The Governance Rewards due for each period will be automatically delivered into eligible wallets during each Governance rewards distribution period. The Governance Reward distribution will be within a week of the period ending.

As a result of community feedback, we have adjusted the timing of the governance commitment periods to enable Governors to commit Algo inclusive of their governance rewards, distributed at the end of the current period, to the next period. This will be standard practice for all future periods.

No, xGovs need not have a github account, but having one helps in participating in the public discussion on proposals. Proposals for xGov-controlled funding must be posted to github, where they are discussed by the community before being brought to the xGovs to vote on. These discussions are completely public, no github account is needed to view them. However, a github account is needed in order to actively participate in those discussions.

There are no additional reward amounts added to the xGov Reward Pool beyond what xGovs opt-in themselves. This may change in the future as the programme evolves.

The xGov Voting Power (xGVP) is the amount of ALGOs that an xGov has to vote with. If the governance rewards deposited in the xGov Term 1 Pool for Bob was equal to 100 ALGOs. Then, Bob’s xGVP is 100. Bob then needs to use all his voting power during each voting session. The xGVP renews at the start of each session. If Bob deposits 50 more ALGOs in the xGov Term 2 pool (at the end of the next governance period), then his xGVP for subsequent voting sessions becomes 150. If Bob forgets to vote, he will become ineligible and forfeit its ALGOs to the relevant xGov pool(s), losing his xGov status and his xGVP.

No, xGovs use a strict 1 ALGO = 1 Vote rule, including ALGO from DeFi products. However, DeFi governors may earn extra rewards from regular governance, which can then be committed to xGov pools, giving them a higher xGPV.

If I opt-in as an xGov in GP7 and remain eligible as per xGov eligibility requirements, could I then in GP8, 9, 10, etc choose to not opt-in to the xGov program with further rewards and thus maintain xGov eligibility for GP7 rewards lockup period and also earn General Governance rewards if remaining eligible in those subsequent quarters?

No, these are two separate systems with separate voting requirements and separate UX'es. Since xGov proposals could one day become governance measures, it may be good to create the habit of having xGov voting windows happen before the General Governance voting sessions.

Running a node would be an ENTRY requirement, once you are in the program for 12 months, you are there for the whole 12 months, the only thing that can change that is failing to vote on the sessions.

The xGov program is nascent, and changes will occur. This process evolution - and how changes are applied to it - will be discussed and voted on by the community, so the process itself remains fair.

No. Anyone can make an xGov funding proposal by following the ARC 34 standard and using the template available on the xGov Proposals Repo. Only proposals using the official template are accepted.

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We are working on a “how-to” guide and demo video. Coming soon.

Awesome chart by @SilentRhetoric.algo

A Term Pool is established at the start of each quarter when Governance Rewards are deposited on the Term Pool address and xGov receives their voting power (xGVP). Term pools last for 12 months and each has a different wallet address unique to that pool. Once 12 months have elapsed, all algos in that pool are paid out to the eligible xGov and the Term Pool will close.

Each xGov Term Pool will have its own address.

No. The only way to increase the xGov Voting Power locked is to successfully opt-in to subsequent xGov terms.

1 ALGO in xGPT = 1 Vote, no weighting applied. To start with, early governors may have a little more voting power due to higher rewards levels, but this will even out over time when early Term Pools are closed and new ways to become an xGov are introduced. The maximum accumulation only lasts 4 quarters, which means the earlier xGVP will be shaved off every quarter after the first 12 months, when the earlier xGTPs start to close.

Only if you also commit in GP9, otherwise no. Every xGov Term Pool (xGTP) is run separately, so the forfeited ALGOs can be distributed to the correct xGovs at the end of the Term. The xGTP is then closed. If you commit on both GP7 and GP9, only the overlapping GP9 xGVP will be in the same Term Pool (xGTP3).

You will always use your combined xGVP to vote at any given session. Unless you are using more than one wallet address.

An XGovernor is a governor that commits their Algo stake for a period of one year or more.

You have to be a governor for the full governance period before you opt-in to become an xGov. Once you are an xGov, you don't have to participate in general governance, unless you want to vote in general governance measures and help decide how much ALGO is allocated to the xGov program, for example.

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Yes. The xGov voting measure from the third period of Community Governance passed with 99% support from governors. We will be sharing more information in due course on how this will be facilitated.

If the sign-up period that you opted into is still open, you can opt out. Once the sign-up closes, you can't opt out and must carry out your duties in order to claim your rewards deposit at the end of the program.

The Algorand network is a public, permissionless and decentralized blockchain network and is therefore available for anybody to build on without permission or restriction.

A governor is required to follow the rules of the community to prove its commitment to the Algorand ecosystem for the Governance term.

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This gives a governor the right to vote on all proposed measures, and receive rewards at the end of the governance period if the governor has expressed valid votes for all measures, whatever the choice.