EOS Network unveils a 250M staking program
Share link:In this post: EOS Network has unveiled a staking program as part of the project’s plan to revamp its tokenomics. The staking program will allow network participants to gain sustainable rewards and promote the growth of the ecosystem. EOS Block Producers will receive network fees in addition to their block income under the staking program.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on t
EOS Network has unveiled a new staking program to reinforce its network development plan for revamping EOS tokenomics. Participants who stake in the program will receive 85.6k EOS daily.
Also Read: Metaplanet Inc. directors authorize BTC purchases worth ¥1 billion using bond proceeds
According to EOS Network, early participants will be the most privileged stakeholders. The staking program will offer an annualized percentage yield of 60%, and more than 31 million EOS tokens will be distributed to stakers on an annual basis. The rewards program will allow participants to lock up their assets for 21 days, an increase from the previous lock-up period of only four days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bonk Inu Announces First-Ever Memecoin ETP in the U.S.
Oasis (ROSE) Breakout Alert: Targeting $0.133, $0.305, and $0.415
President Nayib Bukele Meets Musk at Tesla, Discusses El Salvador’s Tech Future
Dogecoin’s Bullish Momentum Builds, but Can It Break $0.11?