ADX: Halving Staking Rewards for Extended Distribution Period

Staking rewards on the AdEx platform come from various revenue-generating activities, including fees from ad placements, transaction fees, and other sources. However, this reward stream requires the AdEx platform to be fully functioning and currently, it is still under development, with an anticipated launch date in Q2, 2024.

The current reward stream is a result of a prior halving and the issuance of an additional 2 million ADX tokens, which allowed for the rewards distribution period to be extended by a few months, which is soon ending.

To extend the staking period until the launch and broader adoption of AdEx, we propose to implement an additional halving of staking rewards and extend the staking period by another 12 months. The additional tokens will be derived from the AdEx team's treasury.

The alternative option is to keep the current APY for an additional 5 months, followed by maintaining the staking pool with a 0% APY thereafter.