At 00:00 UTC on December 3rd, Phala entered its 6th halving period. As a result, compute rewards on Phala and Khala have been reduced by 25%. Average staking rewards have dropped from ~16% to ~12% APR.
Moonbeam and Moonriver have now been upgraded to runtime 3701, which improves error handling, and will put the chain into maintenance mode if a future migration fails. Tag: #Moonbeam #Moonriver https://x.com/MoonbeamNetwork/status/1937964766104064299 https://x.com/MoonriverNW/status/1936130501380915705
