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.
Wag Roundup March 3rd to March 9th
Note: the weekly newsletter has now been paused.
https://x.com/i/status/2031303689936248945
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Hyperbridge has kicked off Phase 3 of the Polkadot DeFi Singularity incentives. The program has already distributed 332K vDOT to liquidity providers across Ethereum, Arbitrum, Base, and BNB Chain, supporting bridging volume that now exceeds 5M DOT.
