A member of the APTOS community submitted a proposal on April 18 to break staking rewards for the network’s native token, APTOS (APT), by almost 50%
The proposal, submitted Through a member of the community called Moonsheisty, aims to reduce reward yields from 7% to 3.79% in a three-month period, which aligns with the rewards of aptos staking with other layer-1 blockchain and encourages the efficiency of capital.
The proposal has led to X curiosity, but early comments on GitHub show some initial objections.
A community member to go through Elagabalxnode mentioned That is the reduction of staking reward without “compensatory mechanisms such as a stable delegation program” can push smaller validators out of the network, thus weakening the decentralization of aptos blockchain and long -term resistance.
Related: Aptos to accelerate change in new tech, investment in India
The proposal determines the role of validators in the network, stating that aptos should consider a community validation program to provide grants and stakes to small validators that contribute to the ecosystem. “
Aptos was founded in 2021 by a group of former meta engineers. According to In Defillma, the Aptos Blockchain has a total amount locked of $ 974 million until April 18, with about a $ 320 million from the lending protocol Aries market.
While high staking rewards may be incentive to users to lock tokens in aptos, Moonsheisty argues that they can also discourage participation in higher risk, increased reward within the ecosystem, such as restoration, definating infrastructure, MEV, and decentralized financial.
Staking ‘real reward rates’ is different -I
Staking rewards can vary greatly throughout the blockchains. According to Coinledger, the real returns to the BNB Smart Chain are among the highest at 7.43%, while Cardano offers one at a minimum of 0.55%.
Staking offers many benefits: it incentivizes users to lock their on-chain tokens, supports validators and helps secure the network. Rewards work similarly to the interest obtained on a saving account – but instead of cash, stakers earn crypto, which can change Fiat value.
Related: Coinbase’s Ethereum Staking Dominance is Overcentralization: Execs
Occasionally, measures appear aimed at changing staking methods. In June 2024, Polkadot A proposal was introduced To reduce the time it takes to unukes in just two days. In September, the Starknet community Vote to pass a new staking mechanismWhile Ethereum co-founder Vitalik Blerin SUCCESSFUL SOLUTIONS ATTAKING ACTIVITIES A few weeks later.
While staking gives the community a real “stake” on the network, there are risks associated with it, including integration -with smaller pools to the larger ones. This trend can weaken decentralization and weaken the overall stability of the blockchain.
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