EOS Network, an open-source blockchain, announced a new 250 million EOS staking rewards program, as per the latest updates shared with Finbold on July 8.
Marking a pivotal shift in the platform’s tokenomics strategy, the new initiative promises daily distributions of 85,600 EOS to stakers, incentivizing early participation by offering an initial annual percentage yield (APY) exceeding 60%.
To join the program, traders can visit EOS Network.