New governance proposal: Lowering Validator/Staking Rewards.
09 Aug 2022, 14:06
📢 New governance proposal: 🔹Lowering Validator/Staking Rewards🔹
Fantom's dApp community and users adopting the network have shown strong growth.
This proposal seeks to adjust staking rewards to resemble the market-rate & increase emission run-rate.
💸 Fees paid to validators:
Jun 2021: ~102,928 FTM
Jun 2022: ~1,834,672 FTM (18x increase)
• Max Supply (minus burned FTM) = ~3,167,199,793
• Rewards per Day = 534,247
• Circulating Supply = ~2,770,317,593
(3,167,199,793 - 2,770,317,593) / (534,247x365)
= ~2.03 years left
💪 Considering this current trend, the #Fantom network is in a position of strength to provide a longer emission rate, enabling more time to take into consideration community feedback, internal analysis and macroeconomic conditions for the structuring of a post-emissions network.
🗣 For further information, future-facing considerations for validators & stakers supporting the vote, and a market comparison, head to:
🗳 Voting is now OPEN at:
Same news in other sources
1FantomFTM #61
09 Aug 2022, 14:07
📢 New governance proposal: 🔹Lowering Validator/Staking Rewards🔹
Fantom's dApp community and users adopting the network have shown strong growth.
This proposal seeks to adjust staking rewards to resemble the market-rate & increase emission run-rate.
💸 Fees paid to validators:
Jun 2021: ~102,928 FTM
Jun 2022: ~1,834,672 FTM (18x increase)
• Max Supply (minus burned FTM) = ~3,167,199,793
• Rewards per Day = 534,247
• Circulating Supply = ~2,770,317,593
(3,167,199,793 - 2,770,317,593) / (534,247x365)
= ~2.03 years left
💪 Considering this current trend, the #Fantom network is in a position of strength to provide a longer emission rate, enabling more time to take into consideration community feedback, internal analysis and macroeconomic conditions for the structuring of a post-emissions network.
🗣 For further information, future-facing considerations for validators & stakers supporting the vote, and a market comparison, head to:
🗳 Voting is now OPEN at:
New governance proposal: Lowering Validator/Staking Rewards.
📢 New governance proposal: 🔹Lowering Validator/Staking Rewards🔹
Fantom's dApp community and users adopting the network have shown strong growth.
This proposal seeks to adjust staking rewards to resemble the market-rate & increase emission run-rate.
💸 Fees paid to validators:
Jun 2021: ~102,928 FTM
Jun 2022: ~1,834,672 FTM (18x increase)
• Max Supply (minus burned FTM) = ~3,167,199,793
• Rewards per Day = 534,247
• Circulating Supply = ~2,770,317,593
(3,167,199,793 - 2,770,317,593) / (534,247x365)
= ~2.03 years left
💪 Considering this current trend, the #Fantom network is in a position of strength to provide a longer emission rate, enabling more time to take into consideration community feedback, internal analysis and macroeconomic conditions for the structuring of a post-emissions network.
🗣 For further information, future-facing considerations for validators & stakers supporting the vote, and a market comparison, head to:
https://forum.fantom.network/t/reducing-validator-rewards/86
🗳 Voting is now OPEN at: https://beta.fwallet.fantom.network/governance/proposal/0x17