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EOS will turn off the inflation mechanism and mint 818 million new EOS tokens

EOS will turn off the inflation mechanism and mint 818 million new EOS tokens

CointimeCointime2024/03/08 00:25
By:Cointime

Yves La Rose, CEO of the EOS Foundation, announced on social media that EOS will close its inflation mechanism in the future. Approximately 818 million new EOS tokens will be minted, and the maximum supply of EOS will be limited to 2 billion. The new tokens will be released over a period of time, with a large initial release that gradually decreases over time (following a logarithmic curve). This will dilute the share of inactive holders and reward those who remain active.

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