Aptos Community Proposes Phased Reduction of Staking Rewards to Enhance Long-Term Growth

COINOTAG News, April 18th. The Aptos community has put forward the “Phased Reduction of Staking Rewards” proposal known as AIP-119. This initiative seeks to methodically decrease the staking reward rate from the current 7% by 1% each month over the next three months, aiming for an annualized return rate of approximately 3.79%. This strategic reduction in staking rewards is designed to stimulate long-term growth within the Aptos ecosystem, with a particular focus on enhancing participation in the DeFi sector and improving the tokenomics of APT for sustainable development. As part of Aptos’s broader economic model reform, the proposal will open to community feedback. If it garners approval, a subsequent 6-month observation phase will be instituted to evaluate its effects, ensuring that changes are beneficial for stakeholders.