EOS will shut down the inflation mechanism, and 818 million new EOS tokens will be minted
EOS Foundation CEO Yves La Rose announced on social media that EOS will shut down its inflation mechanism in the future; approximately 818 million new EOS tokens will be minted; the maximum supply of EOS will be set at 2 billion; over a period of time, newly minted tokens will be released, with large amounts being released initially and gradually decreasing over time (decreasing according to a logarithmic curve). This is done to dilute the shares of inactive holders and reward those who are still active.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Another attack targeting the NPM supply chain occurs as @ctrl/tinycolor releases a malicious version
French, Austrian, and Italian regulators urge the EU to strengthen coordination of cryptocurrency regulation
Trending news
MoreCrypto prices
More
