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EOS will shut down the inflation mechanism, and 818 million new EOS tokens will be minted

EOS will shut down the inflation mechanism, and 818 million new EOS tokens will be minted

2024/03/08 00:35

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.

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