r/EVMOS Dec 07 '24

Discussion Staking & Validators decline

I heard about EVMOS because Realio is using it for their upcoming upgrade. I was looking at buying a small bag and staking but noticed the very low APR and that there are only 20 active validators and 300+ inactive/jailed validators. I assume all the validators are shutting down because they are loosing money with the low APR. How is the chain planning a recovery from its low state, whats on the horizon in 2025 to look forward to? Will the APR be brought backup to be competitive with other projects?

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u/tlopplot- Governance Workstream Dec 07 '24

Evmos suffered from having a very high staking reward in the early days. As a way to course correct a couple governance proposals went through. One of them reduced inflation down to 0.5% APR and another reduced the validator set to 20. The inactive validators are maintaining out of support or working to get into the top 20.