Article3 months ago

Nosana Network Implements Staking Program Updates for Sustainable Growth

Nosana Network Implements Staking Program Updates for Sustainable Growth
Summary
  • Staking rewards have been adjusted to support the long-term health and sustainability of the Nosana Network, with the APY being halved as of May 21st, 2024.
  • Future developments include transitioning to a Proof-of-Stake system, which requires staking NOS tokens to operate a node, and implementing transaction-based rewards proportional to network usage.

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