June 29th, 2022 - As we approach the end of June, we are also approaching a number of key dates for the end of the current Governance Period ( G3 ) and the start of the next Governance Period ( G4 ).
As with G3, the G4 governance commitment period will enable Governors to commit Algo inclusive of their Governance Rewards, distributed at the end of the current Governance Period ( G3 ), to the next Governance Period ( G4 ). This is now standard practice for all Governance periods.
Additionally, the Governance Rewards for G3 will be automatically delivered into eligible wallets from 1st July 2022. As noted, to be eligible for G3 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 G4: 1st July 2022 to 15th July 2022 (11:59:59 PM SGT).
End of Governance Period for G3: Midnight 11:59:59 PM SGT 1st July ( you must keep your account balance above your governance commit until this date to ensure eligibility to claim rewards ).
Governance Reward Distribution* for G3: July 1st to July 7th 2022.
*automatic distribution
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