Aptos has been quickly making a name for itself as a new innovative Layer 1 blockchain. It’s going to be transformative for decentralized finance (DeFi), non-fungible tokens (NFTs), and artificial intelligence (AI) integrations. Aptos is designed to solve the scalability challenges that have plagued blockchains such as Ethereum and Solana...
And nowhere is that more evident than the Aptos blockchain, one of the newest challengers in the Layer 1 space, standing at a dramatic crossroads right now. Luckily, there’s a strong proposal on the table. It may find itself with a dramatically different staking dynamic, one that may end up...
So, is Aptos a genius and playing 4D chess, or are they about to step on their own proverbial dick? And yet… that’s the question that’s been swirling around AIP-119, the proposal to cut staking rewards by almost half. A 7% yield sounds pretty sweet, right? Free money! But what...
Aptos recently enjoyed praise as the cutting edge in blockchain innovation. Now, unknowingly, it could be choking Africa’s burgeoning crypto boom at birth. AIP-119 would take a machete to staking rewards. Though it seems like a small administrative change, the potential effects are unprecedented. Africans fear that this would derail...
Aptos is currently considering a governance proposal that could significantly alter how staking rewards are distributed, sparking debate within its community. The proposal is strongly supported by influential figures at Aptos Labs and the Mirage protocol. Its goal is to disincentivize excessive staking yields to bring more people to actively...
Look, I get it. Change is scary. Especially when it involves your hard-earned crypto. The recent proposal to drastically reduce Aptos staking rewards has indubitably ruffled some feathers lately. We’re still talking about a change from about 7 percent to less than 4 percent in the coming months. Ouch, right?Well,...
Those whispers were hushed at first, but soon became a storm. Aptos is currently asking for a dramatically reduced payout for staking rewards. While they say that it’s to promote “dynamic engagement,” I’m sorry but what’s behind this is something much deeper and nefarious. We’re really building a catalytic ecosystem,...
The numbers are eye-catching, aren’t they? 2nd Amendment A near 50% cut in Aptos staking rewards – from close to 7% currently to 3.79% as proposed. MoonSheisty’s Rather Airdrop proposal spells out a vision of unlocking non-extractable value potential which capital efficiency has made Aptos as competitive and exciting as...
Aptos, the blockchain founded in 2021 by ex-Meta engineers, is currently considering a community proposal. This little known proposal could radically alter his administration’s staking reward structure. UGC community member MoonSheisty entered a treasury proposal to reduce staking rewards by an effective almost 50%. This ambitious step has sparked a...
There is a major shift taking place in the Aptos ecosystem. At the same time, the community has been waiting for a planned halving of staking rewards. This change will reduce the maximum reward rate by 1.5% per year until it hits a floor of 3.25% per annum. This decision...
Okay, I know what you're thinking. "$543 million liquidated? How can that possibly be good for anyone?" Trust me, I get it. Nobody likes seeing that much money evaporate. Every once in a while, it takes a controlled burn to remove all the deadwood and open up space for a...
Last week’s dramatic plunge in the cryptocurrency market saw more than $543 million in positions liquidated. More than enough to underscore the serious risks associated with crypto trading, this event marks the … It’s particularly treacherous when you throw in market volatility, margin trading, and psychological drivers such as fear...
$543 million. Gone. Poof. Gone into the tempestuous flotsam and jetsam of the crypto markets in less than 24 hours. Greed’s price tag to more than 122,000 traders, that was the price tag of greed — a painful lesson imparted with cold and lethal efficiency. Bitcoin recently reached Bermuda Triangle-like...
Picture this: Siti, a young mother from Jakarta, juggling two jobs and dreaming of a future where her kids can go to better schools. She just cannot stop hearing the chatter and buzz around crypto, around how average people are becoming crypto millionaires overnight. She happens to discover Qubetics, notices...
Qubetics has featured widely on the crypto news circuit of late…thanks to a jaw-dropping 950% pump. For those new to the cryptocurrency scene, understanding what Qubetics is, its potential, and its risks is crucial before considering any investment. BlockchainShock is committed to teaching neophytes the fundamental concepts of Qubetics. Here,...
A 950% surge in one hour? Qubetics certainly grabbed headlines, and understandably so. The appeal of get rich quick schemes often draws everyone in. Such frustration is particularly pronounced among those who are new to the crypto space. Before you full send it, let’s soberly stand back and examine the...
Snorter Bot (SNORT), a new crypto presale happening on the Telegram platform. With the presale coming to an end, it is garnering considerable buzz. The project has so far garnered $1.5 million in investor commitments, indicating high demand among investors. With under 24 hours to go, would-be investors are watching...
Genesis Qubetics, Arbitrum and Cardano are coming into prominence with crypto newcomers, each offering distinctive opportunities and features. Qubetics shot to an all-time high of $4.20 within the first hour of trading. This incredible jump represented a mind-boggling 950 percent gain from its starting value of only $0.40. Arbitrum is...