An important proposal has recently emerged in the Aptos blockchain community, which calls for reducing staking rewards by almost 50%. The proposal was submitted by community member MoonSheisty on April 18, suggesting reducing staking rewards from 7% to 3.79% over the next three months.
Table of Contents
- Proposal Summary
- Objective Behind the Proposal
- Community Reactions
- Suggested Validator Program
- Current Aptos Network Status
- Comparison with Other Blockchains
- Potential Impact on the Future of Aptos
- Conclusion
Proposal objective and response
The main objective of this proposal is to make Aptos competitive with other Layer-1 blockchains and promote capital efficiency. However, initial reactions on GitHub have been mixed. Community member ElagabalxNode raised concerns that if no ‘compensation mechanism’ is added with this reduction, smaller validators could be forced out of the network, affecting Aptos’ decentralization and long-term sustainability.
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Community Validator Program Suggestion
The proposal also suggests that Aptos should launch a community validator program, which provides grants and staking opportunities to smaller validators so that they can contribute to the ecosystem. This move could help maintain the network’s decentralization.
Current Status of Aptos
According to data from DefiLlama, Aptos has a total of $974 million Total Value Locked (TVL) as of April 18, of which about $320 million comes from the Aries Markets lending protocol.
Variation in Staking Rewards
Staking rewards vary significantly across different blockchain networks. For example, BNB Smart Chain offers a real return of 7.43%, while Cardano only gives 0.55%.
Way Forward
This proposal could be a turning point for the Aptos community. If implemented, it could have a profound impact on the economic structure and decentralization of the network. Community members and stakeholders must seriously consider this proposal, so that the future of Aptos remains strong and competitive.
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