CoinScoopPolygon Announces Two-Month Increase to 7.7% POL Staking Yield
Polygon will utilize 27.3 million POL from accumulated network fees to boost the annualized gross staking reward rate to approximately 7.7%. This initiative, outlined in PIP-92, begins on October 1 and is scheduled to revert to the baseline rate of roughly 3% on December 1.
Summaries are written by AI from the original article. Not investment advice.