{"id":6442,"date":"2024-12-11T02:14:09","date_gmt":"2024-12-11T02:14:09","guid":{"rendered":"https:\/\/acudc.com\/?p=6442"},"modified":"2024-12-11T02:14:54","modified_gmt":"2024-12-11T02:14:54","slug":"eos-network-approves-new-tokenomics-plan","status":"publish","type":"post","link":"https:\/\/acudc.com\/th\/eos-network-approves-new-tokenomics-plan\/","title":{"rendered":"EOS Network Approves New Tokenomics Plan"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"6442\" class=\"elementor elementor-6442\">\n\t\t\t\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-624d676d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"624d676d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b01699e\" data-id=\"5b01699e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-309872b elementor-widget elementor-widget-image\" data-id=\"309872b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"812\" height=\"567\" src=\"https:\/\/acudc.com\/wp-content\/uploads\/2024\/12\/News1211.02-e1733883241693.png\" class=\"attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/acudc.com\/wp-content\/uploads\/2024\/12\/News1211.02-e1733883241693.png 812w, https:\/\/acudc.com\/wp-content\/uploads\/2024\/12\/News1211.02-e1733883241693-300x209.png 300w, https:\/\/acudc.com\/wp-content\/uploads\/2024\/12\/News1211.02-e1733883241693-768x536.png 768w, https:\/\/acudc.com\/wp-content\/uploads\/2024\/12\/News1211.02-e1733883241693-18x12.png 18w\" sizes=\"(max-width: 812px) 100vw, 812px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d5cd177 elementor-widget elementor-widget-text-editor\" data-id=\"7d5cd177\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h2><!-- wp:list --><\/h2>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul><!-- wp:list-item --><\/ul>\n<\/li>\n<\/ul>\n<p>The EOS Network Foundation, under the guidance of CEO Yves La Rose, has approved a pivotal proposal to cap the total EOS token supply at 2.1 billion, a significant reduction from the planned 10 billion. This decision will burn nearly 80% of the future emissions, effectively setting a permanent cap on the number of tokens.<\/p>\n<p>Yves La Rose announced the community\u2019s consensus on the tokenomics changes in a recent post on X, noting that this initiative primarily targets tokens slated for future release. The foundation had initially introduced a multi-signature proposal that gained the necessary approval from 15 of the 21 EOS block producers.<\/p>\n<p>In addition to the supply cap, the foundation plans to mint an additional 950 million EOS tokens to bolster ecosystem growth. These tokens will be allocated towards rewarding stake holders and block producers to foster active participation and support within the network.<\/p>\n<p>Since its establishment by the EOS community, the EOS Network Foundation has set forth a new roadmap and continues to drive strategic initiatives to enhance the EOS ecosystem. This includes managing the funds raised during the $4 billion ICO held by Block. one from 2017 to 2018 amidst ongoing disputes regarding reinvesting these funds into the network.<\/p>\n<p>The implementation of the token supply cap is scheduled for the coming months. This will mark a significant step in the foundation\u2019s efforts to stabilize and enhance the network\u2019s economic framework.<\/p>\n<p>Retrieved from: <a href=\"https:\/\/www.cryptotimes.io\/2024\/05\/31\/eos-network-approves-new-tokenomics-plan\/\">https:\/\/www.cryptotimes.io\/2024\/05\/31\/eos-network-approves-new-tokenomics-plan\/<\/a><\/p>\n<p><!-- \/wp:paragraph --><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":6,"featured_media":6430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[15,9],"tags":[48],"_links":{"self":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/6442"}],"collection":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/comments?post=6442"}],"version-history":[{"count":4,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/6442\/revisions"}],"predecessor-version":[{"id":6446,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/6442\/revisions\/6446"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/media\/6430"}],"wp:attachment":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/media?parent=6442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/categories?post=6442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/tags?post=6442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}