Our team has successfully tested modifying blocksperyear in on testnet from 3,155,760 blocks (assumes ~10s block-time) to 5,256,
10 Jan 2024, 10:24
Our team has successfully tested modifying blocksperyear in on testnet from 🟧 3,155,760 blocks (assumes ~10s block-time) to 5,256,000 (assumes ~6s block-time).
Simply put, rewards per block will be reduced to the level they should be.📉
Same news in other sources
110 Jan 2024, 10:24
💡The impact will be that whilst the APR reported on the explorer will remain the same, APY will reduce by ~2/5-1/3 since the rewards per year will reduce to the amount intended.
This will reduce the supply created by inflation per year.
✅Learn more:
The impact will be that whilst the APR reported on the explorer will remain the same, APY will reduce by ~2/5-1/3 since the rewa
💡The impact will be that whilst the APR reported on the explorer will remain the same, APY will reduce by ~2/5-1/3 since the rewards per year will reduce to the amount intended.
This will reduce the supply created by inflation per year.
✅Learn more: