Akash Network Proposes Ending Current Staking Rewards and Enabling New AKT Issuance
(4 hours ago) · 1 source · Summarized by CryptoBipto
Akash Network has proposed a plan related to its Solana integration that would end the current staking rewards structure while introducing a mechanism for new AKT token issuance. The proposal represents a significant change to the network's tokenomics. Details of the plan suggest a shift in how AKT holders are incentivized as the project expands its infrastructure.
WHY IT MATTERS
When you hold certain cryptocurrency tokens, you can "stake" them — essentially locking them up to help secure the network — and earn rewards in return, similar to earning interest in a savings account.
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SOURCES
- cryptoslate.com
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