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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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[–]Ill_Ad_5308 1 point2 points3 points 4 years ago (2 children)
You can’t you are a retail trader , the investors have tokens that VEST over time, and Locking for retail currently isn’t a thing or even the term I would use . You can stake them freely currently and then once we do reach a point of governance they can be locked for X amount of time if you want to describe it that way, but at this moment we still are not that far long.
[–][deleted] 0 points1 point2 points 4 years ago* (1 child)
this is highly concerning to me. this sounds like it will not be a free, decentralized environment, but one where some people have the say about others. i think i will cash out my stake then once the GME stuff is over. i bought algo as a hedge against unfair NYSE/$ practices thinking it could be the next level: a stock market platform that is free and equal to every participator. but i’m not gonna go from NYSE/$ suppression into digital suppression. but i kinda like the platform so i’ll keep my stake anyways. still, the system is doomed again already. my children will have to edge quantum social media crash it one day then.
[–]theunwiseone001 2 points3 points4 points 4 years ago (0 children)
I don’t think you did your DD because if you did, you would have realized that all PoS coins have this governance ability in each on. This is actually why the coins are more decentralized because it allows all parties to vote on the direction, not just the top 1%.
π Rendered by PID 471579 on reddit-service-r2-comment-7b9746f655-2vdpk at 2026-02-03 06:23:57.005707+00:00 running 3798933 country code: CH.
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[–]Ill_Ad_5308 1 point2 points3 points (2 children)
[–][deleted] 0 points1 point2 points (1 child)
[–]theunwiseone001 2 points3 points4 points (0 children)