Fantom Community Approves A Proposal To Lower Validator And Staking Rewards

Twitter icon  •  Published för 1 år sedan  •  Hassan Maishera

The Fantom Foundation announced via Twitter on Wednesday that a governance proposal to lower validator and staking rewards has passed.

The Fantom Foundation announced via Twitter on Wednesday that a governance proposal to lower validator and staking rewards has passed. The team added that with data proving strong network adoption and dApp activity, this successful proposal would align staking rewards to better resemble the currently available market rates.

Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Fantom’s FTM coin is up by 1% in the last 24 hours and is currently trading at $0.2275.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.