Protocol Parameters for the Algofi Vault.
There is no fee for participating in Algorand Foundation Governance via the Algofi Vault. You earn and keep all of the Governance Rewards.
ALGOs supplied to the vault are called vALGOs ("vaulted ALGOs") and function very similarly to ALGOs supplied to the main ALGO market. vALGOs count toward a user's collateral and so they can be borrowed against.
For example, if a user supplied $100 of ALGOs to the Vault, up to $75 of STBL or USDC can be borrowed against.