xGov Voting Session 4 opens on 10 May with 22 proposals
xGov Voting Session 4 opened on 10 May and runs until 3 June, covering 22 proposals. All xGov entities in Term Pools 1 through 4 are required to participate to maintain their eligibility.
The session follows the xGov proposals pilot structure, where entities in the designated term pools vote directly on funded proposals within the set window.
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xGov-195 approved: Frostbits Solutions to develop Arcpay
Arcpay is a proposed open-source payment processing platform designed to help businesses and developers integrate Algorand payments into web-based applications. The platform will support transactions for ALGO, Algorand Standard Assets (ASAs), and real-world assets (RWAs) through fixed-price sales and various auction types. The proposal requests 149,000, with a target completion date of August 31, 2024.
Covered by 2 sources
xGov#200 proposes Biatec on-chain identity verification for Algorand accounts
The xGov#200 proposal outlines an identity solution designed to help users link verified identities to their Algorand accounts. The project aims to meet EU regulatory requirements like MiCA and allow decentralized applications to verify account standing, while also implementing an activity ranking system to provide benefits such as improved pricing on decentralized exchanges.
Covered by 2 sources
SIWA: a decentralized authentication protocol for Algorand wallets
The xGov proposal SIWA introduces a protocol that allows users to authenticate with websites and applications using their Algorand wallets. The system is compatible with the EVM EIP-4361 standard and is designed to be an open-source, decentralized method for identity verification.