AlgoFi's AlgoVault Governance Period 3 (Algorand Bounties)
Q54: What is the current total amount of ALGOs in AlgoFis AlgoVault?(Look at all the wallets that are created via the AlgoVault then use the algorand.account table to calculate total balance)
What percent of the AlgoVault Wallets have committed to governance?
What percent of the ALGOs in the AlgoVault have been committed to the How much have they committed?
Show the algoVault wallets governance commitment by number of wallets and amount of ALGOs over time.
Introduction
AlgoVault is a tool that allows you to make a commitment to Algorand Governance. This is compatible with the AlgoFi wireless protocol. Now, let's take a look at what AlgoVault and Committed to Governance customers have done with their ALGOs.
Users of the Algofi Vault can earn Algorand Foundation Governance Rewards while also earning Aeneas ALGO Rewards through the Algofi Lending Protocol.
Here's the bottom line: You can get the reward for your ALGO now, instead of waiting for the governance reward to be delivered. Previously, AlgoFi offered the option of placing ALGO into a vault in order to optimise earnings from lending.
In this dashboard we are looking at to answer following questions:
What is the current total amount of ALGOs in AlgoFis AlgoVault?
What percent of the AlgoVault Wallets have committed to governance?
What percent of the ALGOs in the AlgoVault have been committed to the How much have they committed?
Show the algoVault wallets governance commitment by number of wallets and amount of ALGOs over time.
Method
To answer this, we are Looking at all the wallets that are created via the AlgoVault, then using the algorand.account table to calculate the total balance
and by decoding the tx_message:
try_base64_decode_string(tx_message:txn:note::string) like ‘af/gov1:j{“com”:%’
and following hints
AlgoFi AlgoVault App ID 465814318 - To look at AlgoVault Deposits - And decode the tx message try_base64_decode_string(tx_message:txn:note::string) = ‘Market: mt’
AlgoFi AlgoVault Governance Commitment App ID 465818260 - To look at AlgoVault Wallet Governance Commitments
And decode the tx_message Decode the tx_message: try_base64_decode_string(tx_message:txn:note::string) like ‘af/gov1:j{“com”:%’
Vault App ID:465814318
Analysis
Conclusion
AlgoFi's AlgoVault appears to be able to keep users engaged, perhaps because of the additional prizes they receive. Because you have to agree to the AlgoVault's additional incentive,
People are also behaving in the same way as they have in prior times of government, rushing in as the deadline approaches.
Try Quests to earn crypto