API3 DAO proposal 264, which lowers the staking participation target to 30%, was executed on September 12. The onchain tracker records 5,397,530 votes in support and 14,289 against. This completes the governance step that was still pending when the proposal first crossed its support threshold. API3 DAO tracker.
The rewards page now lists the current epoch at a 74% annual percentage rate. The preceding epoch, dated September 17, recorded 75%. API3's documented reward mechanism adjusts the rate once per weekly reward mint according to whether staking is above or below the governance target, within configured minimum and maximum rates. API3 reward tracker, reward documentation.
The 30% figure is a participation target, not a promised APR. It is used by the adjustment mechanism when evaluating how much of the token supply is staked. The current 74% reading is an annualized token reward rate, while the tracker lists the next weekly reward as 1.4192% of stake and locked rewards.
The execution also closes an earlier status gap. The previous report described the proposal as pending because the tracker had not yet recorded execution. Readers assessing API3 staking now need the executed target, the current APR and the one-year unlock schedule for newly minted rewards rather than any one of those figures in isolation. Earlier proposal status.