The EIDOS team will launch the EOS sister chain YAS Network: single vote, 2% inflation and no additional RAM

BlockBeats: on November 25, EIDOS officially announced that the team will launch a new project called YAS Network. The aim of the team's new project is to provide users with a lower cost EOS, better performance and more decentralized smart contract platform, and any EIDOS holder can participate in the creation of YAS.

According to the announcement, the YAS Network contract is a modified eosio.token contract that will cast and provide the same number of YAS each time the user sends EIDOS to the contract address. The features of YAS Network mainly include: stable EOSIO development based on the latest version; Each account can only vote for one block producer; There are no white papers, inflation is 2 per cent, BP rewards are 1 per cent, RAM is not issued, etc.

Once the number of YAS tokens minted by early users reaches 100 million, the contracts are frozen, and the team then launches YAS Network based on frozen snapshots. However, the team also said that before the project goes live, the team can decide whether to abort the launch or not, of course, if the project is cancelled, the corresponding EIDOS will be returned to the user.

By the time the announcement was made, there were 34,000 addresses and 51.5 million EIDOS had been dug up. Since 100 million EIDOS are needed to start the project, the team does not know when the project will start, or it may not start at all.

The original announcement link: https://enumivo.org/blog/2019/11/24/yas-network

Silver block rhythm BlockBeats reminded, according to the circ and other five departments issued in August 2018 on the guard against in the name of the "virtual currency" "block chain" illegal fund-raising risk warning "file, please the public rationality block chain, don't blindly believe in reduction commitment, set up correct concept of money and investment philosophy, effectively raise the risk consciousness; To the illegal crime clue that discovers, can report to concerned branch actively reflect.

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