#EOS# #BTC# #BOME# #ETH# EOS REX 2.0 Stake Reward Overview

#EOS REX 2.0 new allocation of staking rewards, with a total amount of about 267 million EOS, and an initial annual issuance of 31.25 million EOS in the next four years. The expected Annual Percentage Yield (APY) will be adjusted based on the EOS staked in the pool. Currently, there are about 300 million EOS staked in the pool, and the expected APY is about 10.42%. However, during the activity period, only about 50 million EOS were actually staked. Compared with the potential staking capacity, this lower participation rate indicates that there is still a lot of room for staking participation, especially since the high APY brings considerable returns to early stakers.
The staking function and allocated tokens will go live on July 8, 2024, at which time funds in the eosio.rewards account will start flowing into the REX staking pool. At the same time, significant changes will be implemented, including extending the staking unlock or maturity period from 4 days to 21 days and removing the voting proxy requirement. These updates aim to extend the staking period and provide competitive rewards, potentially increasing the Total Value Locked (TVL) and encouraging more EOS token holders to participate.
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