#BTC 📣 On July 8, 2024, the first batch of 2.5 billion $EOS will flow into the staking pool after the landing of the new tokenomics of EOS. What brand-new experiences will the new EOS staking scheme bring to ecosystem participants?

In the future, EOS will increase the returns of stakers through compound APY staking, so the income will rise nicely over time. To make participation easier, we have removed the previous requirement to vote for 21 block producers or proxies and created a more user-friendly staking interface.
For block producers, under the new staking scheme, the source of income has been added to the network generation fee in addition to the block reward. With the increase in user demand for the EOS network, this part of the income will become considerable.
However, there will be a key change in the lock-up period. The unlocking period for $EOS will be extended from 4 days to 21 days, mainly due to considerations for the stability and security of the ecosystem.
The initial 2.5 billion $EOS entering the staking pool will follow the basic rule of halving over 4 years, gradually releasing to the EOS network's stakers to encourage staking behavior contributing to the network's security and stability.
For stakers who have already participated in staking under the old system, there will be two options for participating in the new staking (REX2.0):
1⃣ Passive transition: If you take no action, you will remain in REX and continue to receive earnings;
2⃣ Active transition: If you choose to buy or sell REX, your EOS position will enter a 21-day unstaking period. At maturity, you can choose to sell.
#EOSUSDT $EOS