Alpha Network to Begin Rewarding ARPA Stakers
CryptoNewsTerminal Staff10 Sep, 2024
Alpha Network to Begin Rewarding ARPA Stakers
EigenLayer's Alpha Network (ARPA) has announced that it will begin distributing rewards to ARPA stakers as early as the end of September. The Alpha Network also stated that it is testing an incentive program that will provide EIGEN to stakers and operators. The Alpha Network is a testnet for the upcoming EigenLayer protocol, which is designed to provide a decentralized and scalable platform for data availability. ARPA stakers play a critical role in the network by securing the network and providing the data that is used to build and train machine learning models. The distribution of rewards to ARPA stakers is a significant step for the EigenLayer project. It demonstrates the team's commitment to rewarding its community and the importance of staking in the network.
