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PANews April 19 news, according to The Block report, Aptos proposed to lower staking rewards from 7% to 3.79% within three months. The lower rewards encourage users to pursue higher yield, risk-based opportunities on-chain. This plan is similar to Solana's failed SIMD-228 proposal, which aimed to reduce inflation through dynamic staking rewards.

The proposal AIP-119 was co-authored by Sherry Xiao, the engineering lead at Aptos Labs (the team behind the blockchain), and developer Moon Shiesty, who is developing the protocol Mirage based on Aptos and Movement. Xiao also suggested that the Aptos Foundation review its current stake delegation and remove validators that are not actively contributing to the network.