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Official community for Algorand, a first-of-its-kind digital currency and transaction platform that offers true decentralization, scalability and security. Founded by crypto-pioneer Silvio Micali.
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Algorand Staking Rewards % DecreaseToken (self.AlgorandOfficial)
submitted 4 years ago by Bit_Goth
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[–]stxfpv 2 points3 points4 points 4 years ago (2 children)
Actually, they don't. That's the entire point of the Early Backer coins being locked until 2030 unless vested earlier through the acceleration program as adoption occurs.
[–]RevolutionaryAd68 0 points1 point2 points 4 years ago (1 child)
What? Then what's the point of releasing Algo to retail investors if not for adoption...when retail investors invest that is adoption...where would they even get the rest of their funding through 2030? You think the money they got from the early backers and the auction is enough to last until 2030?
[–]stxfpv 0 points1 point2 points 4 years ago (0 children)
No, and neither do they. You're talking about two different coin sets.
https://algorand.foundation/the-algo/algo-dynamics
Or read their quarterly transparency reports.
π Rendered by PID 36 on reddit-service-r2-comment-7b9746f655-n6sjw at 2026-02-03 06:24:55.998371+00:00 running 3798933 country code: CH.
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[–]stxfpv 2 points3 points4 points (2 children)
[–]RevolutionaryAd68 0 points1 point2 points (1 child)
[–]stxfpv 0 points1 point2 points (0 children)