The strategic decision by the EOS Network Foundation to cap the total supply of EOS coins at 2.1 billion units signifies a proactive step towards enhancing the network's sustainability and aligning with community-driven priorities. Spearheaded by CEO Yves La Rose, the Foundation's move to implement a fixed supply limit and burn excess coins is set to reshape the tokenomics landscape, fostering increased value and scarcity for existing EOS coins. This shift in the ecosystem's governance model highlights the importance of decentralized decision-making and community involvement in driving blockchain network strategies.
Strategic Positioning of EOS Network Foundation with Coin Supply Initiative

by Giorgi Kostiuk
2 years ago

Other news
Teneo Protocol Implements Real-Time Micropayments System

Teneo Protocol has introduced a new economic model for real-time micropayments, allowing agents to earn USDC for successful queries.

Teneo Protocol Faces Challenges Amid Rapid Growth

Teneo Protocol faces challenges including regulatory scrutiny and competition from established API providers amid its rapid growth.

Teneo Protocol Introduces Agent SDK for Developers

Teneo Protocol has launched an Agent SDK that allows developers to build, deploy, and monetize custom AI agents as NFTs.

Teneo Protocol Launches Decentralized AI Network

Teneo Protocol has launched a decentralized AI network that allows AI agents to access real-time public data through community-run nodes, enabling users to contribute and earn rewards.

Yield-producing Stablecoins: A Passive Approach.

Yield-bearing stablecoins like Ethenas sUSDe provide a hands-off approach for investors looking to earn yield.

PUMPit Browser Extension Undergoing Final Bug Fixes

The PUMPit browser extension is in the final stages of development, with two remaining bugs being addressed before submission for review.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter