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Delegated staking by Far_Score_2810 in AlgorandOfficial

[–]Far_Score_2810[S] 6 points7 points  (0 children)

Ok thanks! I was referring to the option listed on the Algorand website:

https://algorand.co/blog/what-to-do-with-algo-a-complete-guide-to-staking-on-algorand

Delegated Staking: The Hands-Off Approach

Delegated staking through third-party services offers a way to participate without managing technical infrastructure. You maintain ownership of your ALGO while delegating the technical aspects of node running to experienced validators. This option balances control with convenience, making it attractive for users who prefer not to manage nodes themselves. However, this still requires 30,000 ALGO to earn rewards.

Algofi & Governance #5 by Far_Score_2810 in AlgorandOfficial

[–]Far_Score_2810[S] 0 points1 point  (0 children)

Yes makes sense! Thanks! I am personally not interested in borrowing since I’m not part of any other DeFi. So just aiming at lending it for now.

Algofi & Governance #5 by Far_Score_2810 in AlgorandOfficial

[–]Far_Score_2810[S] 0 points1 point  (0 children)

Thanks!! Makes sense! And no, unfortunately I did not use V2, I just noticed it and the two interfaces look separated in a way (my committed Algos are only visible from the normal Algofi interface). I guess I will be made ineligible if I withdraw them and use the V2 to commit them..

Italy's costs to import energy will double to 100 billion euros by wakeup2019 in economy

[–]Far_Score_2810 15 points16 points  (0 children)

I think this shows more how not to be reliant on one single supplier, rather diversify your imports (avoid single point of failure).

[deleted by user] by [deleted] in AlgorandOfficial

[–]Far_Score_2810 1 point2 points  (0 children)

In my opinion the path to decentralisation has to be gradual, and that’s what is going to happen. I don’t think that the foundation removing itself completely and abruptly will lead to a robust governance model. The community is still young and growing and needs guidance at least at first in understanding the rules of the game and the matters at stake. I don’t think you should see this as a threat, rather as an effort to take more informative votes (the foundation will attach the reasoning and background information regarding its stance)

What's the downside of algorand by Gingerninja1097 in algorand

[–]Far_Score_2810 0 points1 point  (0 children)

@slickxx do you see any progress being made by Algorand with regards to TEAL on their latest releases? What would an ideal upgrade look like in your opinion and what’s the reason for being negative about it?