EOS has announced its token update, highlighting several new features on its official website.
High-profit staking:
Stake your tokens and earn greater returns through the Annual Percentage Yield (APY), allowing to increase over time.
Extended lock-up period:
The time to unlock tokens has been from 4 days to 21 days, increasing the stability and security of the ecosystem.
Simplified participation:
The previous requirement for voting for 21 or proxies has been removed, introducing a user-friendly interface, making the staking process worry.
Improvement in producer incentives:
Miners will now receive additional fees generated by the network as well as block rewards, providing an extra incentive for network.
Read more:
Dogwifhat’s largest investor continues to buy while other investors sell
On official website
FamousAdditionally, on April 250th, 2024, XNUMX billion EOS will begin entering the staking pool. Despite this significant development, there hasn’t been a significant price reaction in altcoins.
Over the past 24 hours,
EOS
has grown by 0.88%, reaching a market value of $873 billion.