The Klaytn GC Members To Help Increase Klaytn’s Staking APR

Twitter icon  •  Published hace 1 año  •  Hassan Maishera

The Klaytn Governance Council (GC) have banded together to help facilitate the growth of the Klaytn Ecosystem by reducing their Consensus Node (CN) staking collateral to the minimum required amount.

The Klaytn Foundation announced via a blog post on Monday that the Klaytn Governance Council (GC) have banded together to help facilitate the growth of the Klaytn Ecosystem by reducing their Consensus Node (CN) staking collateral to the minimum required amount.

Their action would lead to the increase of the overall Klaytn ecosystem staking annual percentage rate (APR). The GC members participating in this effort are Kakao, Kakao Pay, Kakao Entertainment and Ground X, the Klaytn Foundation added. 

Klaytn is a public blockchain developed by Ground X, the blockchain arm of Korea’s internet giant Kakao with 50 million users worldwide. KLAY is up by more than 2% in the last 24 hours and now trades at $0.2458 per token. 

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.