Dan Larimer Proposes New EOS REX Stake Reward Tokens

in #eos6 years ago (edited)

Today we learned of Dan Larimers new proposal for EOS REX Stake Reward tokens to lower the cost of using the EOS network and pay stake rewards to those token holders that stake tokens and vote for at least 21 Block Producers.

In summary the proposal introduces

New EOS REX staking tokens
Staked EOS tokens will recieve rewards
Vote for at least 21 Block Producers to earn EOS stake rewards
Lend EOS tokens to receive REX tokens
The proposal will lower the cost of using the EOS network
Link to Dan Larimers full post on Medium

Get up to speed on Staking and Voting EOS by downloading the EOS Wallet for Windows or MacOS by clicking here https://eosuk.io/wallet

To see the 30 Block Producers we have voted for visit https://eosuk.io/2018/06/22/my-30-block-producers-vote/

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Why should rewards be in REX? So complicated for users. Why not rewards in EOS? We have inflation to take those rewards from.