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Home›Crypto›Altcoins›Polygon will raise Gross POL staking rate to 7.7% for…

Polygon will raise Gross POL staking rate to 7.7% for two months

The fee-funded boost is designed to reward the stake held during the window, rather than the timing when fees were earned.

Reported · Written up by our desk · Altcoins

Polygon plans to increase its fee-funded Gross POL staking rate to 7.7% for a two-month period, according to The Defiant.

The increase is compared with a roughly 3% baseline rate.

The program is also set up to reward the amount of POL staked during the boost window, rather than the stake held at the time the fees were accrued.

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Sources

The DefiantPolygon Plans Two-Month Boost to 7.7% Gross POL Staking Rate

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