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The governance APY depends on the amount of ALGO that was committed in a phase. Governance 2 has a lot more committed ALGO than phase 1.

ALGO SuperStar- Автор вопроса
Mack Denver | Will Never Message You First
The governance APY depends on the amount of ALGO t...

but so many non eligible commited gov. u can see the report too. it should increase when someone is not eligible

ALGO SuperStar
but so many non eligible commited gov. u can see t...

The APY number was token from AlgoExplorer. I don't have the exact formula of how it was calculated.

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