ALGO Governance enrolment window has 9 days to go roughly... only 185m Algo committed so far which makes for interesting returns if we don't have a massive influx at the end.

In the illustrations, if only 1bn Algo is committed to governance and makes it through the 3 month period untouched, then there will be an annualised 24% reward.... so roughly equivalent to 6% over that 3 month period in addition to the approx 5-6% annual rewards given just for holding ALGO.

If it ends up being under 1bn by any significant amount then the rewards are that much greater.

The likelihood is that there will be a lot more holders that sign up, but Binance messing around and preventing ALGO withdrawals may have created a position where there are fewer people signing up.

For those unaware, Binance stopped withdrawals of Algo a day or two before governance started and have said it will be down until the day after governance participation is closed. The flimsy excuse for this is "network congestion" which has been disproved... but still, with very little regulation Binance can basically so what it wants...

Has anyone been through a similar staking or governance situation before with a two week sign up? Was there a rush at the end of was it steady across the period?