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Fantom Submits A New Proposal Seeking To Lower Validator/Staking Rewards

Twitter icon  •  Published 4 years ago on August 10, 2022  •  Hassan Maishera

The Fantom Foundation urged its community members via Twitter to vote on a new governance proposal.

Fantom Submits A New Proposal Seeking To Lower Validator/Staking Rewards

The Fantom Foundation urged its community members via Twitter to vote on a new governance proposal. The proposal seeks to lower validator/staking rewards. This proposal seeks to adjust staking rewards to resemble the market rate and increase the emission run rate, the team added. 

Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Fantom’s FTM coin is down by more than 3% in the last 24 hours and is currently trading at $0.3736.

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Hassan Maishera Senior Reporter

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.

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