At 0:00 on October 15, the registration window for the first phase of the Algorand Community Governance Plan was closed, and the first governance period officially began. It should be noted that as of the end of 2021, all Algo holders will continue to receive participation rewards, which will be directly distributed to their accounts as before. On the other hand, governance rewards will be open for application after the end of the first governance period. Please note that the governor must ensure that the balance of his governance account is not less than the amount of Algo he originally promised, otherwise he will lose his governance qualifications for the period and receive no corresponding rewards. In the next two weeks, the Algorand Foundation will share ecological progress and governance voting-related content, and provide comprehensive information for governors, so that governors can vote for the next step with a full understanding.

At 0:00 on October 15, the registration window for the first phase of the Algorand Community Governance Plan was closed, and the first governance period officially began. It should be noted that as of the end of 2021, all Algo holders will continue to receive participation rewards, which will be directly distributed to their accounts as before. On the other hand, governance rewards will be open for application after the end of the first governance period. Please note that the governor must ensure that the balance of his governance account is not less than the amount of Algo he originally promised, otherwise he will lose his governance qualifications for the period and receive no corresponding rewards. In the next two weeks, the Algorand Foundation will share ecological progress and governance voting-related content, and provide comprehensive information for governors, so that governors can vote for the next step with a full understanding.