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ETH $2,437.57 +0.93%
BNB $698.52 +0.70%
XRP $1.47 -0.23%
SOL $94.06 -0.61%
TRX $0.3434 -0.00%
DOGE $0.0914 +0.20%
ADA $0.2191 -1.26%
BCH $272.06 -0.89%
LINK $11.39 -0.84%
HYPE $80.47 +2.59%
AAVE $138.60 +11.88%
SUI $0.8229 +2.25%
XLM $0.1938 -0.42%
ZEC $832.49 +5.61%

EOS CEO proposes new token economics: plans to set a supply cap of 2.1 billion tokens

2024-04-25 08:59:31

ChainCatcher message, EOS Network Foundation (ENF) CEO Yves La Rose proposed a new tokenomics on social media, with key points including

  • Destroying 80% of the future total supply;
  • Closing inflation;
  • Setting the supply cap at 2.1 billion tokens;
  • A 4-year halving cycle;
  • Minting approximately 950 million EOS;
  • Staking rewards related to locking;
  • Supporting the RAM market.
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