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
a year ago

Other news
Bitcoin Price Drop Affects Estimated Wealth of Satoshi Nakamoto

The recent decline in Bitcoin prices has significantly reduced the estimated wealth of its creator, Satoshi Nakamoto.

BlackRock Makes Significant Moves in Bitcoin and Ethereum Investments

BlackRock makes a significant investment in Bitcoin and Ethereum, purchasing 2,269 BTC and 10,629 ETH, reflecting growing confidence in the cryptocurrency market.

Berachain Refutes Claims of Special Treatment for Brevan Howard

Berachain has denied allegations of providing preferential investment refund terms to Brevan Howard, clarifying that all investors received the same basic terms.

Bitcoin Struggles Below 90K, Analysts Warn of Deeper Decline if Support Breaks

Bitcoin is struggling to gain momentum as it faces significant resistance levels near 89,000 and 90,000.

Analysts Compare Bonk and Noomez in Meme Economy

Analysts highlight the differences between Bonk and Noomez, focusing on their market strategies and growth potential.

Bonk Faces Volatility Amid Market Reassessment

Bonk's price has dropped 0.5% in the last 24 hours, leading analysts to evaluate its potential amidst market volatility.

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