EOS Network launches $250M staking rewards program.
The yearly yield rate of return (APY) that comes with this program is more than 60% for the first year.
The EOS Network has recently announced the launch of a substantial staking rewards program worth $250 million as part of its updated tokenomics plan. The program will distribute 85,600 EOS per day to the stakers, which will be more than 31 million EOS per year. This new staking program has been developed in order to offer long-term incentives for the growth of the given ecosystem’s value.
It’s a New Era For EOS Staking.
250,000,000+ $EOS allocated. Higher APR. Time Sensitive Rewards.
Coming Soon. https://t.co/k8gTI8b80j
— EOS Network Foundation (@EOSNetworkFDN) July 8, 2024
The updated staking rewards schedule is designed to significantly benefit early participants significantly. The yearly yield rate of return (APY) that comes with this program is more than 60% for the first year. Furthermore, this high APY is meant to inc
