EOS Network Foundation CEO proposes new token economics: plans to set supply cap at 2.1 billion
According to BlockBeats, on April 25, Yves La Rose, CEO of EOS Network Foundation (ENF), proposed a new token economics on the X platform. The main points include:
-80% of the total future supply will be destroyed;
-Inflation will be turned off;
-The supply cap will be set at 2.1 billion tokens;
-4-year halving cycle;
-Minting approximately 950 million EOS;
-Staking rewards associated with lock-in;
-Supporting the RAM market.