EOS Community Launches 250M EOS Staking Program

Calgary, Canada, July ninth, 2024, Chainwire

Right now July 8 Community launches a 250M EOS staking rewards program as a part of the community’s revamped tokenomics plan.

Underneath the brand new staking rewards schedule, 85.6K EOS is distributed every day to Stakers. The revamped EOS staking program rewards early stakers for collaborating, with an preliminary APY of over 60% accessible. Greater than 31M EOS tokens are distributed per 12 months to Stakers.

The EOS Staking Rewards Program has different notable enhancements. The lock up interval for staking has elevated from 4 to 21 days. EOS Block Producers (BPs) will start receiving community generated charges on high of their block reward revenue, additional incentivizing infrastructure suppliers as community demand will increase.

The up to date EOS staking program is designed to supply sustainable rewards for members and help ecosystem progress. Take part within the 250M Staking program by visiting stake.eosnetwork.com.

About EOS

EOS is a public blockchain that prioritises excessive efficiency, flexibility, safety, and developer freedom. The EOS Community focuses on usability throughout the ecosystem, enabling builders to implement and develop their concepts successfully.

Be taught extra: https://eosnetwork.com/

ContactChief Communications OfficerZack GallEOS Community Basiszack@eosn.basis

This text was initially printed on Chainwire