I personally feel @avax staking rewards are too high. If som | luigidemeo no Binance Square

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I personally feel @avax staking rewards are too high. If somebody feels the same, I suggest they write an ACP. 
We can reduce new AVAX emissions by ~ $120m per year (at today’s prices) by cutting the staking yield in half.

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Wrt to value accrual from Avalanche L1s: Starting from the premise of extracting value from building a network has never worked in history, you need network effects first. With that said, there is value accrual from L1s that isn’t being measured. C-chain, Primary Network and ICM create value-add services to increase demand for AVAX. This is already happening with Maplestory, for example which via ICM has 3-7k transactions per day on the C-Chain which all burn AVAX. Multiple that by 1000 and you will burn the equivalent of what most monolithic chains burn per annum.

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I personally feel @avax staking rewards are too high. If somebody feels the same, I suggest they write an ACP. We can reduce new AVAX emissions by ~ $225m per year (at today’s prices) by cutting the staking yield in half.

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Since May, Avalanche C-Chain transactions have stabalized at approximately 1m per day, a 4x improvement in ~1 month.

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Fees (REV) on Avalanche C-Chain continue to accelerate, 6th highest across all L1s and more than double that of Sui and Ton.

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Your cryptographic coins are less valuable than 1 hour ago

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