Staking Parameter Update.
13 Jul 2022, 17:46
π Staking Parameter Update π
On or around 14/07, the following updates will be implemented to the staking contract that affects how much Operators can accept in delegations:
MaxCap Multiplier: Increase the ratio to 20:1 from 16:1. With this, the maximum a Network Operator can accept in delegations is 7,000,000 CQT.
With these updates, we can expect to see
- the total staked increase from 67,200,000 to 91,000,000 CQT.
- % of circulating supply staked increase from 19% to 26%
Same news in other sources
1CovalentCQT #1335
14 Jul 2022, 16:37
π As of 09:30 am PST, the staking parameters have been changed π
- MaxCap Multiplier: The ratio has increased to 20:1 from 16:1. With this, the maximum a Network Operator can accept in delegations is 7,000,000 CQT.
As of 09:30 am PST, the staking parameters have been changed. - MaxCap Multiplier: The ratio has increased to 20:1 from 16:1.
π As of 09:30 am PST, the staking parameters have been changed π
- MaxCap Multiplier: The ratio has increased to 20:1 from 16:1. With this, the maximum a Network Operator can accept in delegations is 7,000,000 CQT.