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The EOS Network Foundation has approved a community proposal to cap the supply of EOS tokens at 2.1 billion and burn nearly 80% of the total EOS supply from future emissions. Yves La Rose, CEO of the EOS Network Foundation, confirmed the approval, which received significant community support with 96% Approve votes and 4% deny votes. This move aims to set a fixed supply for EOS and reduce the overall token count significantly.
Yves La Rose, CEO of the EOS Network Foundation, announced that a community proposal to cap the EOS supply at 2.1 billion tokens and burn the excess has been approved https://t.co/ZBPlnseDEb
4 OUT OF 5 $EOS TOKENS TO BE BURNED PER NEWLY APPROVAL PROPOSAL - According to the CEO of the @EOSNetworkFDN, a community proposal has been approved that will see the supply of $EOS tokens limited to just 2.1 billion. - To facilitate this, the remaining tokens from $EOS’… https://t.co/IzX50gOuyV https://t.co/F29XSUQju8
UPDATE: PROPOSAL TO CAP THE $EOS SUPPLY AT 2.1B TOKENS WAS APPROVED - EOS NETWORK FOUNDATION’S CEO YVES LA ROSE
