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xGov DeFi

xGov-33 proposes a pro-rata transfer smart contract for salaries, vesting and inheritance

xGov-33, titled Fair Transfer, introduces a smart contract that lets a sender lock coins and let a beneficiary withdraw them on a pro-rata basis, such as a per-second schedule. The contract is meant to reduce credit risk in distributions tied to salaries, vesting, and inheritance.

The proposal is part of the xGov proposals pilot tracked on the Algorand Foundation's forum.

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xGov Protocol
xGov-31 adds arbitrary decimal precision to the Algorand Virtual Machine

A new xGov proposal seeks to expand the capabilities of the Algorand Virtual Machine (AVM) by adding opcodes for exponential, logarithmic, and power functions. The change would introduce decimal float types to allow for more complex mathematical and financial applications, such as smart treasuries, that require high-precision calculations.

xGov
xGov-28 proposes a Solana Virtual Machine rollup on Algorand, enabling Solana programs to run on the network

Eclipse aims to deploy a rollup on Algorand that utilizes a Solana Virtual Machine (SVM) execution layer and Algorand's in-house Data Availability solution. This proposal outlines a technical roadmap for the first rollup on the network to allow Solana programs to deploy on Algorand.

xGov
First xGov voting session concludes with seven proposals passed, GP7 rewards transferred to Term Pool 1

Rewards from the GP7 period are being moved to the xGov Term Pool 1 address to officially designate participants as xGovs. The first xGov voting session has concluded with seven passed proposals, which include updates to transaction builders, wallet tools, and market operation dashboards.