Algorand Foundation: xGov deadline pool 1 will expire on June 30th.

DailyNews

2024-06-21 02:46:55

Golden Finance reported that, according to official sources, the Algorand Foundation stated that the xGov period pool 1 will expire on June 30th. Next week, the funds will be transferred from the wallet address starting with DRWUX3L5 to the address NSIVDOYUJ in preparation for the eligible xGov payment of period pool 1 in the first week of July. Earlier, Jinse Finance reported on the key measures and developments of the Algorand Foundation’s 2024 Governance and xGov plans. The Algorand Foundation stated that it prioritizes decentralization and security, so it will reallocate funds from the governance rewards program to incentivize consensus participation directly.

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