Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»EOS Network Foundation Limits Token Supply to 2.1b
TRADING NEWS

EOS Network Foundation Limits Token Supply to 2.1b

By Crypto FlexsMay 31, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
EOS Network Foundation Limits Token Supply to 2.1b
Share
Facebook Twitter LinkedIn Pinterest Email

Yves La Rose, CEO of the EOS Network Foundation, announced that a community proposal to limit the EOS supply to 2.1 billion tokens and burn the excess has been approved.

Once implemented, this proposal would exhaust nearly 80% of total EOS supply, primarily due to future emissions, with a fixed supply cap set at 2.1 billion rather than 10 billion.

The EOS Network Foundation represents the EOS community and acquired control of Block.one in 2021.

The Foundation previously presented a multi-signature proposal to establish this fixed supply and received approval from at least 15 of the 21 EOS block producers.

“The EOS network has reached an agreement to approve the tokenomics proposal,” La Rose wrote in the X post.

Initial updates will be implemented in the coming months. EOS currently has a circulating supply of 1.15 billion tokens, equivalent to 54% of the total planned supply.

La Rose also explained in his post that 950 million EOS tokens will be issued to support ecosystem growth and activities such as staker and block producer rewards.

that much #EOS The network has reached a consensus to approve the tokenomics proposal!

❎ Inflation
✅ Fixed token supply
✅ 80% reduction in FDV
✅ 4 years old $EOS half life
✅ $RAM market support

This marks a new era. $EOS!

— Eve La Rose (@BigBeardSamurai) May 31, 2024

Under the leadership of Yves La Rose, the EOS Network Foundation was established as a community support group in August 2021 and unveiled a new roadmap for the EOS ecosystem.

EOS was originally created by Block.one and first gained recognition when it raised $4 billion in ICOs between 2017 and 2018.

The EOS Network Foundation, which came together in 2021 under La Rose’s leadership, is a non-profit organization that seeks to support the EOS network and community.

The foundation and Block.one have previously been at odds, with Block.one claiming it did not reinvest significant ICO funds into the EOS network as promised.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

SHIBA INU (SHIB) and Dogecoin (DOGE) holders are 16,736%of Rally Progast Tempts buyers that are accumulated as Little PEPE (Lilpepe).

October 5, 2025

Solana Future Surge as the institution induces the open interest for the best record.

October 4, 2025
Add A Comment

Comments are closed.

Recent Posts

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Cango Inc. Announces September 2025 Bitcoin Production And Mining Operations Update

October 6, 2025

Cake Eyes 60% Rally Pancake WAP

October 5, 2025

Bitcoin Pullback — ETFs Drive Capital Flows, Altcoins Like SOL And XRP Boost Investor Returns

October 5, 2025

SHIBA INU (SHIB) and Dogecoin (DOGE) holders are 16,736%of Rally Progast Tempts buyers that are accumulated as Little PEPE (Lilpepe).

October 5, 2025

Solana Future Surge as the institution induces the open interest for the best record.

October 4, 2025

Free bitcoin.in app withdrawal request My satoshi

October 3, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025
Most Popular

Influence of cryptocurrency on the future of work in Singapore

February 14, 2025

Cardano (ADA) Eyes a Potential Recovery: Can It Recover?

October 21, 2024

XRP stops three years of negative growth trend. Here is the main driver.

April 29, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.