KNG

Algorand Community Update As many of you know, Algorand has new leadership and a renewed focus on building toward a sustainable, revenue-generating network model. We are excited about the unique role Algorand can play in bringing post-quantum security to the broader Web3 and digital asset ecosystem, and we believe the timing has never been better for it. To align our work with these goals, we are sharing a series of updates on community initiatives and outstanding questions: the future of xGov, the Ecosystem Advisory Council (EAC), the Algorand Technical Council (ATC), and the status of Project King Safety, including our commitment to staking rewards. The xGov grants program Over the past year, the xGov program brought together a committed group of community members, and we’re grateful to everyone who took part, whether by submitting proposals, voting, or contributing to discussion. As our focus as a company shifts, we have made the decision to pause the xGov program indefinitely, effective December 6. We also want to extend a special thanks to the members of the xGov Council for their time, care, and guidance throughout the program. Because the Algorand Forum has, in recent years, primarily served as the home for xGov-related discussion, we will also be closing the Forum, effective November 6. A read-only archive will be made available. We encourage all Algorand developers, node runners, and ecosystem builders to join the Algorand Discord to stay up to date on the latest technical news and to connect with us directly for any support. The Ecosystem Advisory Council & Algorand Technical Council We formed the Ecosystem Advisory Council (EAC) in January to build a more formal bridge between the ecosystem and Algorand leadership. Its role was to gather broad-based feedback from across the community, share it with leadership, and advise on how Algorand proposals would affect the ecosystem. As our priorities have shifted, we have decided to conclude the EAC as a company-run body, effective November 6. We want to thank the Council members for their participation. Going forward, we still want to hear feedback and ideas from all parts of the ecosystem. The Algorand Discord is the best place to reach us. Separately, we are also ending our sponsorship of the Algorand Technical Council (ATC) group. We will continue to host periodic Developer Council meetings for technical discussions, and you can request an invitation to this meeting by asking in Discord. Staking rewards and Project King Safety First and most importantly: Algorand has already committed to extending staking rewards through January 2028. This commitment stands, and it reflects our continued focus on rewarding the node runners and stakers who help secure the network. As part of this shift, we are also indefinitely pausing Project King Safety as a holistic roadmap item. Specifically, the previously discussed ideas of lifting the ALGO supply cap (inflation-based incentives), enabling and capturing MEV, and increasing the minimum transaction fee are no longer being considered at this time. New usage-based transaction fees, such as those in place for transactions signed using Falcon-1024 post-quantum accounts, may still be introduced or adjusted, and we will share more if and when that work progresses. Our priority is clear: a sustainable network and continued rewards for those who help secure it. Looking ahead Taken together, these changes demonstrate our sharpened focus. Cryptographic security has been central to Algorand from the start, beginning with our original innovation, Pure Proof-of-Stake consensus. Falcon post-quantum signatures have run on Algorand since 2022, followed by quantum-resistant transactions in 2025 and native post-quantum accounts in 2026. Our next chapter is about bringing those capabilities beyond Algorand to the broader Web3 and digital asset ecosystem, so custodians, wallet providers, issuers, and other networks can add post-quantum security without rebuilding the systems they already use. Building a sustainable network around that work will allow us to keep investing in Algorand, and we’re grateful to the node runners, stakers, and builders whose participation keeps it secure.