Aptos community proposal seeks to slash staking rewards by nearly 50%

Aptos Seeks to Cut Staking Yield by 50% to Spur Network Growth

The Aptos community is currently evaluating a new governance proposal, AIP-119, that could halve staking rewards over the next three months. It seeks to reduce the current annual staking yield from around 7% to 3.79%. Aptos Labs senior engineer Sherry Xiao and network core developer Moon Shiesty introduced the proposal on April 18. Aptos Eyes Trimming Staking Rewards to Fund New Initiatives The proposal AIP-119 describes staking rewards as a “ri…

CoinStats - Reduction in Aptos Staking Yield Proposed to ...

Crypto Price Tracker, Market Cap, News. CoinStats is a crypto portfolio tracker that provides live prices for Bitcoin, Ethereum & 5000 altcoins.

Aptos Community Proposes 50% Cut in Staking Rewards : What’s Next for the Network?

The post Aptos Community Proposes 50% Cut in Staking Rewards : What’s Next for the Network? appeared first on Coinpedia Fintech News Aptos is making waves as a community member recently submitted a proposal on April 18 to slash the staking rewards nearly by almost 50%. The plan submitted by the member, MoonSheisty suggests lowering the rewards from 7% to 3.79% over the next three months.  The plan aims to align Aptos with other Layer-1 blockchai…

Aptos community proposal seeks to halve staking rewards

Aptos community member MoonSheisty submitted a proposal to slash staking rewards for the network’s native token, Aptos (APT), by almost half. The community-driven proposal suggests a notable decrease in staking rewards, aiming to adjust the annual yield for validators and delegators.  This adjustment of reward yields from 7% to 3.79% in three months is seen as a strategic step to ensure the long-term sustainability and economic balance of the Ap…

Aptos community proposal seeks to slash staking rewards by nearly 50% – #CryptoUpdatesGNIT

An Aptos community member submitted a proposal on April 18 to slash staking rewards for the network’s native token, Aptos (APT), by nearly 50% The proposal, submitted by a community member called MoonSheisty, aims at reducing reward yields from 7% to 3.79% in a three-month period, aligning Aptos staking rewards with other layer-1 blockchains and encouraging capital efficiency. The proposal has sparked curiosity on X, but early comments on GitHub…

Aptos Wants to Cut Staking Rewards - Here is Why It Might Backfire

A suggestion from contributor MoonSheisty aims to reduce staking yields by nearly half, a move that has triggered concerns among validators about the long-term impact on decentralization. Rather than maintaining the current 7% reward structure, the proposal seeks to bring it down to just under 4% over three months. Supporters argue this adjustment would bring Aptos more in line with other major layer-1 blockchains and make capital usage across t…