EOS Network unveils new token model with fixed supply of 2.1 billion tokens

EOS
Network
Foundation
(ENF)

announced
today
the
adoption
of
a
new
tokenomics
model
for
the
EOS
Network.
Set
for
implementation
on
the
mainnet
tomorrow,
the
new
token
model
introduces
a
fixed
supply
of
2.1
billion
EOS
tokens,
moving
away
from
the
previous
inflationary
model
with
a
10
billion
cap.

“The
choice
of
2.1
billion
tokens
is
strategically
chosen
to
parallel
Bitcoin’s
cap
of
21
million,
enhancing
the
appeal
and
stability
of
EOS,”
the
ENF
noted
in
a

discussion
about
the
new
tokenomics
proposal
last
month.

The
transition
aims
to
create
a
more
stable
and
predictable
economic
environment
for
the
network.
Additionally,
the
Fully
Diluted
Value
(FDV)
of
EOS
will
see
an
80%
reduction,
aligning
with
the
new
structure
and
improving
the
value
proposition
for
token
holders.

To
regulate
the
flow
of
new
tokens
into
the
market,
the
EOS
Network
will
incorporate
four-year
halving
cycles.
Middleware
operations
will
receive
immediate
funding
to
enhance
the
EOS
user
experience,
bridging
the
gap
between
traditional
web
and
decentralized
web3
services.

As
noted,
the
ENF
will
allocate
350
million
EOS
to
boost
the
RAM
market,
ensuring
adequate
supply
and
liquidity
to
support
growth
and
accessibility.

Moreover,
the
network
will
introduce
high-yield
staking
rewards
and
modify
the
staking
lockup
period
to
encourage
users
to
hold
onto
their
EOS
tokens
and
participate
actively
in
the
network.

Yves
La
Rose,
Founder
and
CEO
of
the
EOS
Network
Foundation,
believes
this
new
tokenomics
model
will
lead
to
a
more
stable,
secure,
and
prosperous
future
for
the
EOS
ecosystem.

“This
new
tokenomics
model
represents
a
landmark
occasion
for
the
EOS
community.
By
establishing
a
fixed
token
supply
and
introducing
new
mechanics,
we
are
ensuring
a
sustainable
and
prosperous
new
era
for
the
EOS
ecosystem.
This
strategic
overhaul
will
not
only
stabilize
the
token
economy
but
also
incentivize
active
participation
and
growth
within
the
network,”
he
stated.

Launched
in
2017,
the
EOS
Network
is
a
decentralized
blockchain
platform
prioritizing
high
performance,
flexibility,
security,
and
developer
freedom.
The
EOS
Network
Foundation
serves
as
a
central
hub,
fostering
growth,
coordinating
support,
encouraging
community
involvement,
and
identifying
investment
opportunities
within
the
EOS
ecosystem.