EOS Network approves new tokenomics model to enhance its economic potential
The EOS Network Foundation (ENF), an open-source blockchain platform, has unveiled a new tokenomics model for the EOS ecosystem, signifying an important shift towards greater economic potential and stability for the network. The new model, backed by the majority of EOS Network block producers, will be implemented on June 1, according to the information shared with Finbold. The #EOS Network Block Producers have reached a super majority consensus to approve the new tokenomics model proposal! Upon time delayed execution of the MSIG on June 1, network inflation will be permanently halted and $EOS FDV will be reduced by 80%!https://t.co/By9UPRL3Tx pic.twitter.com/2yjVqo2M7m — EOS Network Foundation (@EOSNetworkFDN) May 31, 2024 A ‘New Era’ for EOS The new tokenomics model introduces several features designed to foster long-term growth on the platform. Picks for you ...