Hi,
please check the forum post I made some time ago: dApps Staking v3 - proposal
(forum warns me it was already posted by bLd)
TL;DR - no more stake&forget (reason why some early projects still have high TVL) & a cap on how much a project can earn (no more earning millions over a year)
About the progress, you can keep track of backend implementation here:
The feature should be available on Shibuya for testing by the end of year (or early next year), and on Astar in February (this is my opinion).
Soon we’ll share more docs & explanation about exactly how the system will work (there have been some changes compared to what’s in the forum post but essence is still the same).