Streamflow has achieved a significant milestone as the total staked amount of its native token, STREAM, has soared to an all-time high. This development underscores the growing confidence of the community in the platform's staking model, and the publication demonstrates positive momentum in the developments.
Total Staked Amount Reaches 51 Million STREAM Tokens
The total staked amount now stands at 51 million STREAM tokens, representing approximately 37% of the entire circulating supply. This surge in staking activity has resulted in a record allocation of 27.6% of the protocol's revenue towards hourly buybacks and staking rewards, demonstrating a robust commitment to rewarding long-term holders.
Trust in Streamflow's Active Staking Rewards Model
This achievement not only reflects the increasing trust in Streamflow's Active Staking Rewards model but also signifies a strengthening alignment between the protocol and its dedicated stakers. As more users engage with the platform, the implications for future growth and community involvement appear promising.
As the XRP community eagerly anticipates the launch of the new staking system, recent developments in the cryptocurrency market, particularly regarding Bitget's yield-earning options, underscore the ongoing evolution of investment opportunities. Currently, concerns surrounding Seedify's security and market stability have prompted a closer examination of the implications for Tether (USDT) networks and potential shifts in institutional investment. To delve deeper into these trends and their impact on the market, you can read more here.
