An Aptos community member submitted a proposal on April 18 to slash staking rewards for the network’s native token, Aptos (APT ($5.61)), by nearly 50%
The proposal, submitted by a community member called MoonSheisty, aims at reducing reward yields from 7% to 3.79% in a three-month period, aligning Aptos staking rewards with other layer-1 blockchains and encouraging capital efficiency.
The proposal has sparked curiosity on X, but early comments on GitHub show some initial resistance.
A community member going by ElagabalxNode noted that reducing the staking reward without “compensatory mechanisms like a robust delegation program” could push smaller validators out of the network, thus w...