Polygon to Boost POL Staking Yield to 7.7% for Two Months
- —27.3 million POL in accumulated fees allocated to the boost
- —Targeted annualized gross staking rate of about 7.7%
- —Baseline rate near 3%, with a return set for Dec. 1
- —Boosted rewards run for two months from Oct. 1
Why it matters: The temporary boost could draw delegators into POL staking and reduce circulating supply in the near term.
Source: The Defiant