Algorand blockchain recently announced that it will launch a staking rewards program in December, which will go live after the consensus mechanism upgrade. At that time, block rewards will begin to be paid in real-time to the validators who successfully propose blocks to the L1 blockchain. The rewards start at 10 ALGO per block and decrease by 1% every 1 million blocks. Validators will also receive 50% of the transaction fees for the blocks they successfully propose.
Algorand plans to launch staking rewards program in December
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