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
Digital Economy Valuation Hits 323 Trillion Amidst Stable Crypto Prices
The digital economy has recently reached a remarkable valuation of 323 trillion, with XRP stabilizing at 191 and Cardano consolidating at 0.35.
Spacecoin and KAIST Forge Strategic Alliance for Decentralized Satellite Internet
Spacecoin collaborates with KAIST to advance decentralized satellite internet technology through a pivotal seminar.
LEO Token and WETH Under Observation for Market Dynamics
LEO Token and Wrapped Ethereum are being closely monitored for their unique market roles and potential price movements.
Monero and Chainlink Highlighted for Their Market Resilience
Monero and Chainlink are noted for their strong performance metrics and potential for rapid gains during risk-on periods.
AIP Fellowship Program Receives Strong Interest
The AIP fellowship program has garnered significant interest, with over 400 applications received for a limited number of positions.
Aster's Total Value Locked Surges to Over 123 Billion
Aster's Total Value Locked (TVL) has reached over 123 billion, reflecting growing confidence in the DeFi space.
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