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EOS Network, an open-source blockchain, announced a new 250 million EOS staking rewards program, as per the latest updates shared with Finbold on July 8. Marking a pivotal shift in the platform’s tokenomics strategy, the new initiative promises daily distributions of 85,600 EOS to stakers, incentivizing early participation by offering an initial annual percentage yield (APY) exceeding 60%.  EOS staking rewards Over the course of a year, participants will receive over 31 million EOS tokens in rewards, underscoring the network’s commitment to growing its community. Picks for you New signal shows Bitcoin bearish wave still unraveling; Is $50k next? 1 hour ago Ethereum or Solana? We asked ChatGPT-4o which stock is a better buy for 2024...

On Jan. 29, Chainlink Labs and Protocol Labs announced a partnership to enrich the Chainlink BUILD program , designed to amplify dApp development by aligning incentives across various ecosystems. Through this alliance, members of the Chainlink BUILD program will gain access to various developmental tools, services, and specialized support, including options for decentralized storage and engineering aid. .@protocollabs and @chainlinklabs have entered into a strategic alliance. This alliance will help #Chainlink BUILD members access various developer tools, services, and support, including decentralized storage credits and engineering support. — Chainlink (@chainlink) January 29, 2024 Protocol Labs, with its extensive network of more than 600 tech startups, funders, and service providers, will play a pivotal role in enhancing the Chainlink BUILD program . The collaboration focuses on providing engineering assistance for a range of platforms, including IPFS, Filecoin...