The EOS Network Foundation, led by CEO Yves La Rose, has recently made a pivotal decision to limit the total token supply of EOS to 2.1 billion, significantly lower than the initially planned 10 billion tokens. This strategic move entails burning approximately 80% of the upcoming token emissions, effectively imposing a permanent ceiling on the token quantity. Yves La Rose communicated the consensus within the community regarding the tokenomics adjustments through a recent publication, emphasizing the focus on tokens intended for future issuance. Initially, the foundation introduced a multi-signature proposal that received approval from the majority of EOS block producers.

In conjunction with the supply cap, the foundation intends to introduce an additional 950 million EOS tokens to strengthen the ecosystem's growth. These tokens are earmarked for rewarding stakers and block producers to encourage increased involvement and assistance within the network.

Since its inception by the EOS community, the EOS Network Foundation has outlined a new strategic roadmap and remains committed to driving key initiatives aimed at improving the EOS ecosystem. This involves managing the substantial funds amassed during the $4 billion ICO conducted by Block.one between 2017 and 2018, amidst ongoing controversies regarding the allocation of these funds back into the network.

The implementation of the token supply limit is slated for the upcoming months, symbolizing a significant milestone in the foundation's endeavors to stabilize and enhance the economic structure of the network.