This proposal suggests adjusting the HAQQ Network staking rewards rate to a 3%, as part of our comprehensive strategy to enhance network sustainability and support the ecosystem's growth trajectory. As HAQQ Network prepares for the launch of additional real-world utility solutions, optimizing our economic parameters becomes essential for long-term sustainability.
Haqq ecosystem has matured significantly, with multiple products either launched or in final testing phases. These products require a stable token economy that prioritizes long-term utility over short-term yield opportunities, making the current high emission rate suboptimal for sustainable growth. The timing of this adjustment aligns with our transition from initial deployment to a robust ecosystem with real-world applications, supporting both our current operations and future expansion plans while maintaining alignment with Islamic finance principles.
The proposed rate better reflects our network's maturity and supports the growing institutional participation we're seeing across key markets. With over 8.9 million total accounts and steady growth in daily active users, this adjustment represents a calculated step toward long-term sustainability rather than a reactive measure, providing a more stable foundation for our expanding ecosystem while maintaining competitive returns within the Islamic finance framework.
[
{
"subspace": "coinomics",
"key": "ParamStoreKeyRewardCoefficient",
"value": "\"3.0\""
}
]