Interested Governors may opt in to the xGov Program during the Governance sign-up phase, at any quarter, for a twelve month Term. Once the governance period is completed, their rewards are deposited to the xGov Term address, where they are held for twelve months. That is when xGovernors receive voting power to be used to vote on grant applications submitted by the community through the xGov Proposals repository on Github.
Each xGov Term contains a minimum of 4 voting periods, running in parallel to the General Governance quarters.
At the end of their xGov Term, xGovernors who did not perform their duties forfeit their ALGO deposit, which remains in the pool. xGovernors who performed all their governance duties will receive their deposited rewards, plus their share of any forfeited ALGOs in the pool.