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
Emergence of Remittix as a Key Player in Crypto Payments

Emergence of Remittix as a Key Player in Crypto Payments

US Treasury Unveils $200 Billion MBS Support Plan

The US Treasury has announced a new mortgage-backed securities purchase program to stabilize mortgage rates and improve housing affordability.

Ethereum Forms Symmetrical Triangle as Market Sentiment Remains Cautious

A symmetrical triangle is forming in Ethereum's price action, indicating potential volatility as buyers and sellers are in a standoff.

Blockchain Technology Revolutionizes Medical Data Exchange

Blockchain technology improves medical data exchange by addressing privacy concerns and data silos through decentralization and transparency.

DataHippo DApp Enhances Medical Research Collaboration

The agreement between Hippo Protocol and the Chinese University of Hong Kong establishes a framework for blockchain-facilitated data sharing, providing a proof of concept for decentralized medical data ecosystems.

Market Response to Upbit's GAS Airdrop Remains Muted

The market response to Upbit's GAS airdrop has been muted due to the lack of primary data outlining the financial impact of the distribution.

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