CoinScoopPolygon Chain Staking Rewards Expected to Rise to 7.7% on October 1
The Polygon Foundation announced that, per the PIP-92 improvement proposal, 27.3 million POL tokens from accumulated priority transaction fees will be used to boost staking rewards over the next two months. Consequently, the annualized staking reward for the Polygon Chain is projected to increase to approximately 7.7% starting October 1.
Summaries are written by AI from the original article. Not investment advice.