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.
Lurpis (Bifrost) has chimed in with his opinion on reducing DOT inflation. He believes that as lower inflation reduces staking yields, a phased DeFi incentives program can provide a buffer mechanism to help migrate capital into LSTs and the broader DeFi ecosystem.
Birdo revealed in the July update for the Polkadot App that it has received approval on the Apple and Google stores, and should be ready for launch after auditing of an additional piece of code.
