The WEMIX team has announced plans to temporarily increase staking rewards, which could lead to changes in the distribution of Permanent Minting Rewards (PMR).
Details of Reward Changes
The WEMIX team highlights that a significant step is the simultaneous increase of staking rewards by 100%. This change will allocate the full amount of PMR rewards to NCP staking, doubling the current distribution rate, which stands at 50%.
Voting Procedure
Changes to PMR distribution are subject to voting. The voting period is set from July 10 to July 17, 2025. The proposal will be approved if it receives a majority vote from the 40 WONDERS, with a minimum of 50% approval required.
Timelines and Next Steps
Once approved, the increased rewards will take effect immediately and remain in place until December 31, 2025. The exact closing time for voting will be announced separately.
Thus, WEMIX initiates changes in its reward system, which may significantly enhance participant interest in the platform.
