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
0
Other news
RUDR TOKEN Launches New Compute Settlement Function
RUDR TOKEN has officially launched a new compute settlement function to enhance resource management and settlement processes.
OpenAI Refines Models Based on User Feedback
OpenAI is refining its models based on user feedback to improve conversational quality and user satisfaction.
OpenAI Announces Retirement of GPT4o and Other Models
OpenAI announces the retirement of several ChatGPT models, including GPT4o, to focus on newer versions like GPT5.
Agreement Ensures Economic Stability and Continuity of Services
The agreement prevents substantial economic disruption and ensures continuity of essential government functions.
Corporate Filings Indicate Merger Preparations
Recent corporate filings suggest that Musk's companies are preparing for significant transactional activity.
Zero Knowledge Proof Project Launches Presale Phase
The Zero Knowledge Proof (ZKP) project has entered a presale phase, offering a privacy-preserving AI network with significant growth potential.
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