Aptos community proposal seeks to slash staking rewards by nearly 50%
The proposal seeks to cut Aptos staking rewards from 7% to 3.79% over three months to boost capital efficiency.
An Aptos community member submitted a proposal on April 18 to slash staking rewards for the network’s native token, Aptos (APT), by nearly 50%
The proposal, submitted by a community member called MoonSheisty, aims at reducing reward yields from 7% to 3.79% in a three-month period, aligning Aptos staking rewards with other layer-1 blockchains and encouraging capital efficiency.
The proposal has sparked curiosity on X, but early comments on GitHub show some initial resistance.
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