V1 Winddown Part 2. Sunset V1 Vault Governance Support


At this point in time >95% of user collateral has migrated to the v2 Algofi Vault. As such it is now appropriate to sunset support for governance in the v1 lending protocol vault. This will free up valuable core dev time while also further encouraging users to move the the v2 protocol.


At the conclusion of the current algorand governance period (5) the v1 vault front end will cease to support “locking” and “voting” actions. Users WILL still be able to claim their period 5 governance reward and remove their Algos from the v1 vault. Algos in the v1 vault WILL continue to be treated as collateral. This will not impact smart contract behavior at all and will purely be ending specific front end support to free up developer time to focus fully on the v2 vault.