Yield&#43; has been live for approximately 12 months, distributing 125k EOS per month across 10 protocols in an effort to increase the opportunities for dApp developers to be rewarded, and EOS users to earn yield on the EOS mainnet. While the program aimed to foster innovation and competition within the EOS ecosystem, the following challenges emerged over time:<ul><li>Despite the program’s goals, there was a noticeable lack of new protocols being incentivized to join. A majority (~84%) of all yield benefitted a singular entity instead of promoting diversity and dynamism within the ecosystem.</li><li>Protocols came to rely on Yield&#43; for regular operational expenses, counter to the program’s intent of providing a temporary catalyst for business development and growth opportunities.</li><li>There was a growing apprehension that should the subsidy decrease, token holders might withdraw their support, suggesting that protocols were not adequately providing value to their token holders, a critical element for success of the program.</li></ul>Read <a href="https://eosnetwork.com/blog/sunsetting-yield-plus-rewards-on-eos/" rel="noopener noreferrer nofollow">more in blog</a>

Sunsetting the Yield+ Liquidity Rewards Program on EOS Network

EOS Network

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