🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Aptos community proposal AIP-119 suggests gradually reducing the APT stake yield to 3.79% over three months.
According to ChainCatcher news, the Aptos governance proposal page shows that community member moon shiesty submitted AIP-119 proposal, suggesting a monthly reduction of 1% in the stake Annual Percentage Rate over the next three months, bringing it to a final rate of approximately 3.79%. This proposal aims to serve as an initial attempt to restructure the Aptos economic model, with plans for gradual implementation over six months to assess its potential impact. The proposal suggests that the current ~7% stake yield is too high, reducing capital efficiency, and encourages the community to explore riskier or costlier opportunities such as re-staking, DePIN infrastructure, MEV, and DeFi rewards. Although lowering staking rewards may reduce the incentive to hold APT, the proposal believes that the reduction in inflation combined with new reward mechanisms is expected to offset the impact. The proposal points out that this move may impact small validators and suggests considering support for validators holding less than 3 million APT through community stake programs, as well as discussing more efficient long-term incentive methods. The proposal is expected to undergo community and foundation review in the next four weeks, with a mainnet vote to be submitted in the fifth week.