The decision to set a total supply limit of 2.1 billion EOS coins was recently approved by the CEO of EOS Network Foundation, Yves La Rose. This significant move emerged from a collaborative effort within the community, where block producers opted to establish a fixed supply cap and burn around 80% of surplus coins. The primary focus of this initiative is to address future emissions, leading to a reduction in the planned total supply from 10 billion to 2.1 billion coins. The proposal gained momentum with the approval of at least 15 out of the 21 block producers. The EOS Network Foundation, which assumed control from Block.one in 2021, put forth a multi-signature proposal to restrict EOS's supply, a move that garnered widespread support from the community. The implementation of the proposal is expected to unfold in the upcoming months. Presently, EOS has a circulating supply of 1.15 billion coins, amounting to 54% of the intended total supply, with an additional 950 million coins set to be minted to encourage ecosystem growth and reward stakeholders. La Rose reiterated the Foundation's dedication to ensuring the long-term sustainability of the EOS community. Established under La Rose's leadership in August 2021, the EOS Network Foundation is a non-profit entity committed to fostering the development of the network. Despite past discord with Block.one over fund reinvestment, the Foundation, under La Rose's direction, continues to drive initiatives aimed at bolstering network expansion and meeting community needs.