Hey everyone, Ibu Karel here. With the upcoming launch of xALGO, it’s important we discuss how xALGO minters will vote in Governance.
Technical limitations prevent xALGO minters from voting in governance directly. We’d like to open a conversation about how you all would like to distribute the votes those xALGO have a right to.
Some ideas include:
- Distributing all xALGO votes proportionally to how Liquid Governors voted. For example, if a proposal was voted upon 60% for option A, 40% for option B, the xALGO votes would be also be distributed 60% for A, 40% for B.
- Defaulting all votes to support the Algorand Foundation’s recommendation.
But we’d love to hear if any of you have ideas about this! Do you like those ideas, do you think we should do something in the middle, or something totally different?
Please leave comments below and invite your friends to join in the discussion.