LogoLogo
V2 DocsV2 dApp
English 🇬🇧
English 🇬🇧
  • Welcome to Folks Finance official documentation!
  • Getting started
  • HOW TO
    • Deposit
    • Lock & Earn
    • fStaking
    • Withdraw
    • Borrow
    • Rebalance
    • Repay
    • Rewards aggregator
    • Algo Liquid Governance
      • Algo Liquid Governance - G3
  • User profile
    • Dashboard
    • History
    • Notifier
  • Developer
    • Contracts
    • Official SDKs
  • Protocol architecture
    • Overview
      • Liquidity pool dynamics
      • Interest rates model
      • Interest accrual
      • Deposit
      • Withdraw
      • Borrow
      • Slippage
      • Liquidation
      • Algo Liquid Governance
      • Incentive system
      • fStaking
      • Token types
  • Security
    • Audits
    • Bug bounty
  • Support
    • FAQ
    • Glossary
    • Fees
  • helpful guides
    • Creating a My Algo Wallet
    • Buying Algo using FIAT - CEXs guide
    • Buying Algo with FIAT - Pera wallet/MyAlgo wallet guide
    • Allowing pop-up
    • Folks Finance's Testnet
  • Community
    • What can I do with gALGO?
    • Aeneas liquidity program
    • Contact
    • Community treasury
    • FOLKS
  • Legal
    • Privacy Policy
    • Terms & Conditions
    • Disclaimer
Powered by GitBook
On this page
  • How to Mint gALGO
  • How to pre-Mint gALGO
  • How to Burn and pre-Mint or Burn gALGO
  • How to Unmint gALGO
  • How to Unmint pre-Mint gALGO
  • How to Early Claim Rewards
  • How to Claim Rewards
  • Depositing Tinyman LP tokens as collateral in Folks Finance after committing to Algorand Governance
  • Depositing PactFi LP tokens as collateral in Folks Finance after commitment to Algorand Governance
  • How to Vote

Was this helpful?

  1. HOW TO

Algo Liquid Governance

The feature allows ALGO holders to participate in the Algorand Governance whilst maintaining their liquidity.

PreviousRewards aggregatorNextAlgo Liquid Governance - G3

Last updated 2 years ago

Was this helpful?

Please visit the following before interacting with the ALGO Liquid Governance to understand how it works.

How to Mint gALGO

  1. Open the Algo Liquid Governance page.

  2. Click on the Mint button.

  3. Type in or use the slide bar to specify the amount of ALGO you want to commit and click on Continue.

  4. Mint gALGO.

  5. You will receive a message indicating success if the process has been completed properly.

How to pre-Mint gALGO

  1. Open the Algo Liquid Governance page.

  2. Click on the pre-Mint button.

  3. Type in or use the slide bar to specify the amount of ALGO you want to commit and click on Continue.

  4. pre-Mint gALGO.

  5. You will receive a message indicating success if the process has been completed properly.

How to Burn and pre-Mint or Burn gALGO

  1. Open the Algo Liquid Governance page.

  2. Click on the Burn button.

  3. Burn and pre-Mint -> Type in or use the slide bar to specify the amount of gALGO you want to burn and pre-Mint. Check the pre-mint box, and click on Continue. Burn -> Type in or use the slide bar to specify the amount of gALGO you want to burn and click on Continue.

  4. Burn gALGO.

  5. You will receive a message indicating success if the process has been completed properly.

How to Unmint gALGO

  1. Open the Algo Liquid Governance page.

  2. Click on the Unmint button.

  3. Type in or use the slide bar to specify the amount of the gALGO you want to Unmint and click on Continue.

  4. Unmint gALGO.

  5. You will receive a message indicating success if the process has been completed properly.

How to Unmint pre-Mint gALGO

  1. Open the Algo Liquid Governance page.

  2. Click on the pre-Unmint button.

  3. Type in or use the slide bar to specify the amount of the gALGO you want to pre-Unmint and click on Continue.

  4. Pre-Unmint gALGO.

  5. You will receive a message indicating success if the process has been completed properly.

How to Early Claim Rewards

  1. Open the Algo Liquid Governance page.

  2. Click on the Early Claim button.

  3. Type in or use the slide bar to specify the amount of the committed ALGO you want to early claim your rewards on. Click on Continue.

  4. Early Claim your rewards.

  5. You will receive a message indicating success if the process has been completed properly.

How to Claim Rewards

Available once the foundation distributes the rewards

  1. Open the Algo Liquid Governance page.

  2. Click on the Claim button.

  3. Claim your rewards.

  4. You will receive a message indicating success if the process has been completed properly.

Depositing Tinyman LP tokens as collateral in Folks Finance after committing to Algorand Governance

Depositing PactFi LP tokens as collateral in Folks Finance after commitment to Algorand Governance

How to Vote

  1. Open the Algo Liquid Governance page.

  2. In the Voting section select between Algorand (Governance's proposals) and Folks Finance (Folks Finance's proposals).

  3. Click on Show.

  4. Read the descriptions.

  5. Choose your preferences and Vote.

Why pre-Mint? Click to have a look at this function.

Why pre-Mint? Click to have a look at this function.

if you want to integrate the Algo Liquid Governance have a look at our

What can I do with gALGO?
official SDKs
page
here
here