EOS CEO proposes new token economics: plans to destroy 80% of future total supply and set a supply cap of 2.1 billion
2024-04-25 00:50
Odaily Planet Daily News: Yves La Rose, CEO of EOS Network Foundation (ENF), proposed a new token economics on the X platform, the main points of which include: -80% of the total future supply will be destroyed; -Inflation will be turned off; -The supply cap will be set at 2.1 billion tokens; -4-year halving cycle; -Minting about 950 million EOS; -Staking rewards associated with lock-ups; -Supporting the RAM market. He said that he will meet with BPs later today to propose a new token economic model for EOS.
