Governance.Period.2.Payouts

    Let's look at the Algorand Period 2 Governance Rewards Payouts

    1. Introduction:

    The Algorand foundation is explained reward distribution as: An Algorand Governor, participating in the second Governance period can expect to claim an annualized rewards rate of ~1% from the old participation rewards model and also claim a Governance reward rate (annualized) that will likely fall in the range of 9.4% to 19%. So a Governor could expect to claim a total annualized reward rate between 10% and 20% in that first period. These are the likely upper and lower bounds of what will be possible and a governor might expect to see the initial reward rate fall between these 2 levels. The reward level for this governance period is consistent with the long term economic design underlying the LTAD, whose sustainability under Community Governance is explained in the Algo Economic Evolution Report.

    The rewards related to the Algorand governance period 2 are distributed to the contenders. In this dashboard the analysis related to this reward distribution is done based on the below metrics:

    • Total distribution
    • Top receivers
    • Pattern of reward distribution in wallets
    • Payout time by Algorand blockchain

    2. Total amounts

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    3. Top reward receiver

    This sections contains the overall numbers related to the reward distribution of Algorand governance period 2. According to the results, the total count of payments is 37.2k. In this reward distribution program, 70.5 million ALGO are distributed between wallets.

    Additionally, these distribution takes 866 second (near 15 minutes) for Algorand foundation.

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    4. Reward distribution

    In this section, the top receivers of this reward distribution program is estimated. The address of these top receivers and amount of ALGO that they received are shown in this bar-chart. Based on this chart, the greatest receiver got 3.48 million ALGO token from reward distribution program related to Algorand governance period 2.

    The pattern of reward distribution among wallets by number of received ALGO is shown in this bar-chart. To better understand the distribution, 5 buckets are introduced as below:

    1. a. 0-15 ALGO
    2. b. 16-100 ALGO
    3. c. 101-500 ALGO
    4. d. 501-1500 ALGO
    5. e. greater than 1500 ALGO

    5. Payout by time (minutes)

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    By considering these buckets, the total contender in each bucket is presented in the figure. As shown in this figure, 16840 unique wallets received between 0-15 ALGO and its the largest group among distributed users. As expected, in the second place the users that received between 16-100 ALGO stands with 11515 unique wallets. According to this chart, 928 unique wallets received more than 1500 ALGO in the reward distribution related to Algorand governance period 2.

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    The final section contains the time period of reward distribution by Algorand foundation. Based on this figure, the reward distributed in near 13 minutes. The maximum amount of ALGO token is distributed on Apr 5, 2022, 16:54 with 33.74 million ALGO in 3500 payment number.