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Governance ALGO news
About Governance ALGO
gALGO (Governance ALGO) is a wrapped version of ALGO, minted by Folks Finance and that allows users to participate in Algorand Foundation Governance without renouncing their liquidity. In other words, it is the Folks Finance Algorand Governance token and it is minted, at a one-to-one rate with the committed original ALGO in the Folks Finance platform. Therefore, users who minted gALGO during any relevant Governance commitment period are eligible to participate in the Algorand Foundation Governance and any Folks Finance proposals related to it. Users can use their gALGO freely in the ecosystem: for example as collateral on Folks Finance, to interact with DEXs, to purchase NFTs, and so on.
The live Governance ALGO price today is $0.148067 USD with a 24-hour trading volume of not available. We update our gALGO to USD price in real-time. Governance ALGO is down 0.57% in the last 24 hours. The current CoinMarketCap ranking is #8344, with a live market cap of not available. The circulating supply is not available and a max. supply of 10,000,000,000 GALGO coins.