2024

Rewards

Gains

<ul> 
 <li>The new EOS staking program offers high-yield rewards and a simplified participation process.</li> 
 <li>EOS Network’s revamped tokenomics and extended lock-up period ensure long-term network stability.</li> 
</ul> 
The EOS Network just <a href="https://eosnetwork.com/blog/a-new-era-in-eos-tokenomics-part-ii/">unveiled</a> an interesting new staking program with high-yield rewards for crypto enthusiasts. 
With its July 8th launch, this project introduces 250 million EOS into the staking pool and offers participants significant rewards. Developed on updated <a href="https://www.crypto-news-flash.com/eos-network-and-escc-form-strategic-alliance-to-strengthen-stablecoin-ecosystem/">EOS</a> tokenomics, this scheme provides investors with a special chance to expand their holdings. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Discover how the new <a href="https://twitter.com/hashtag/EOS?src=hash&amp;ref_src=twsrc%5Etfw">#EOS</a> staking program can boost your crypto portfolio! 
 Starting July 8th, the first of 250M <a href="https://twitter.com/search?q=%24EOS&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$EOS</a> enters the staking pool, introducing high-yield rewards. Built on new EOS tokenomics, this is your chance to grow with us! 
 Learn More <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/hGx8ElAeRT">https://t.co/hGx8ElAeRT</a> <a href="https://t.co/1bjSUw1YrW">pic.twitter.com/1bjSUw1YrW</a> 
 — EOS Network Foundation (@EOSNetworkFDN) <a href="https://twitter.com/EOSNetworkFDN/status/1806380508068073548?ref_src=twsrc%5Etfw">June 27, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
<h2 id="strong-high-yield-staking-rewards-strong">High-Yield Staking Rewards</h2> 
High yield benefits are one of the new EOS staking program’s most alluring aspects. Investors that take part in this scheme stand to make substantial returns on their EOS investments. The way the staking rewards are structured supports the long-term involvement, stability, and expansion of the <a href="https://www.crypto-news-flash.com/eos-foundation-partners-with-upland-and-aerial-turning-eos-into-a-climate-positive-blockchain/">EOS network</a>. 
Meanwhile, EOS token prices as of writing are at $0.5865, up 0.26% over the last 24 hours and showing a bullish trend of 3.92% over the previous week. 
The convenience of the user was also taken into consideration while designing the new staking program. With a user-friendly UI that makes staking easier than with the old method, which required users to select a proxy or vote for 21 block producers. 
By facilitating interaction between new and seasoned users, this modification is predicted to draw in more participants. 
<figure style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class="" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfzHfnHyHdYphmvb1STSNllLCFSTID6sGyVOVAwBx39S0iFIZfA6l-NdR_Z8L5J_AIlla9NPy8OG6XbQFzmI1EJuforMrUySDOHYR2LyIlchGPmmpUI-R9yCZczmWfi5HSqgdfK00lP-iHKTGSLQyovjR0?key=y9BRSrUMnMCW3c5ygvctCQ" width="668" height="376">
 <figcaption class="wp-caption-text">
 Source: EOS Network
 </figcaption>
</figure> 
<h3 id="strong-extended-lock-up-period-strong">Extended Lock-up Period</h3> 
The prolonged lock-up period of the new EOS <a href="https://www.crypto-news-flash.com/binance-labs-backs-bitcoin-staking-protocol-babylon-a-game-changer-in-crypto/" target="_blank" rel="noopener">staking protocol</a> is intended to improve the staking experience even further. 
This implies that longer token commitments will be required from members, which supports network stability and guarantees ongoing involvement. The network and its users benefit from the longer lock-up time as well as the increased block producer incentives. 
Apart from the new staking scheme, EOS is about to see further promising improvements. In 2024, the EOS blockchain—which has been stagnant for years—is predicted to witness tremendous growth, according to <a href="https://www.crypto-news-flash.com/eos-blockchain-gearing-up-for-a-strong-return-in-2024-messari-research-reports/">recent research by Messari</a> that CNF highlighted. The new projects and upgrades being carried out inside the EOS network are probably what are causing this comeback.

Simplified Staking: EOS New Program Boosts Your Crypto Gains

Table of Contents

Crypto News Flash

Other articles published on Jun 29, 2024

Economic uncertainty weighs heavily on U.S. voters

Court allows most SEC claims to proceed in Binance suit

Push for Blockchain Advancements Through Reactive Network Unicornisation Campaign

Qubetics Whitelist Offers a Glimmer of Hope Amid Hiccups for Cosmos and Haze for Litecoin

Bitcoin Leads The Way As Crypto Investment Outflows Surpass $500 Million, Top Tokens To Get To St...

Crypto Investment Wars 2024: BlockDAG’s Dominance With $54.5M Presale and the Rising Power of Ton...

Join our free newsletter for daily crypto updates!