NewsKey Dates For Algorand Governance Upcoming

Key Dates For Algorand Governance Upcoming

By

Algorand Foundation

March 16th, 2022 - As we approach the end of March, we are also approaching a number of key dates for the end of the current Governance Period ( G2 ) and the start of the next Governance Period ( G3 ).

As with G2, the G3 governance commitment period will enable Governors to commit Algo inclusive of their Governance Rewards, distributed at the end of the current Governance Period ( G2 ), to the next Governance Period ( G3 ). This is now standard practice for all future periods.

Additionally, the Governance Rewards for G2 will be automatically delivered into eligible wallets from 1st April 2022. As noted, to be eligible for G2 rewards you must have voted and maintained your commit balance right to the end of governance period.  

Key dates for your diaries:      

Commitment Period for G3: 31st March 2022 to 14th April 2022 (11:59:59 PM SGT).

End of Governance Period for G2: Midnight 11:59:59 PM SGT 31st March  ( you must keep your account balance above your governance commit until this date to ensure eligibility to claim rewards ).

Governance Reward Distribution* for G2: April 1st to April 7th 2022.

*automatic distribution

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