🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
Aptos proposed to drop the staking rewards from 7% to 3.79% within 3 months.
PANews April 19 news, according to The Block, Aptos proposed to drop the staking rewards from 7% to 3.79% within three months. The lower rewards encourage users to pursue higher yield, risk-based opportunities on-chain. This plan is similar to Solana's failed SIMD-228 proposal, which aimed to reduce Inflation through dynamic staking rewards. The proposal AIP-119 was co-authored by Sherry Xiao, Head of Production Engineering at Aptos Labs (the team behind the blockchain), and developer Moon Shiesty, who is developing Mirage, a protocol based on Aptos and Movement. Xiao also suggested that the Aptos Foundation review its current stake delegation and remove those validators who are not actively contributing to the network.