Change to Algorand's Governance Period (Good News!)

Howdy all. Just wanted to share some good news coming out of the Algorand Foundation today. Anyone who is actively involved in the community might be aware that a recent issue cropped with in relation to governance and rewards. Essentially, holders had to commit whatever Algo balance they wanted for the second period of governance BEFORE they'd received their rewards for the first period. This meant that the rewards earned from committing to governance for the first period could not be compounded in the second period. This would pose a similar issue for round 3 etc. The community had noted this and raised same with the Algorand Foundation who, today, have announced a change in the periods to sign up for governance, allowing us to commit to governance after rewards are distributed and compounding our hard earned Algos in every governance period if we wish.

For more details/confirmation I'm not making it up: https://algorand.foundation/news/key-dates-algorand-governance

Or, for those who are link hesitant:

As a result of community feedback, and in the spirit of the festive season, we have adjusted the timing of the governance commitment periods to enable Governors to commit Algo inclusive of their Governance Rewards, distributed at the end of the current Governance Period ( G1 ), to the next Governance Period ( G2 ). This will be standard practice for all future periods.

Additionally, the Governance Rewards for G1 will be automatically delivered into eligible wallets from 1st January 2022. As noted, to be eligible for G1 rewards you must have voted and maintained your commit balance right to the end of governance period.

Key dates for your diaries:

Commitment Period for G2: December 25th 2021 to January 7th 2022 (11:59:59 PM SGT).

End of Governance Period for G1: Midnight 11:59:59 PM SGT 31st December ( you must keep your account balance above your governance commit until this date to ensure eligibility to claim rewards ).

Governance Reward Distribution* for G1: January 1st to January 5th 2022.

Enjoy, my fellow and future Algonauts