Hedera has transferred 250 million HBAR, worth over $40 million, to its staking rewards pool to enhance network participation and decentralization incentives. This strategic move by the Hedera Governing Council aims to increase reward availability for stakers, encouraging further engagement within the ecosystem. Following this allocation, the market cap of stablecoins on Hedera surged by 92% in just one week, reflecting heightened activity and interest in the network.
Hedera Allocates 250M HBAR to Boost Staking Rewards
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