Market Cap
24h Vol
7054
Cryptocurrencies
82594
Markets
Bitcoinist
2020-02-26 15:00:51

EOS Burns $132M Worth of Tokens to Curb Inflation

The EOS.IO ecosystem burned 34 million tokens locked in a savings account, and voted to decrease network inflation. EOS Voters Agree on Second Large-Scale Token Burn in a Year The EOS network went through another burn of tokens worth up to $132 million after the community decided on annulling redundant assets. Additionally, supply growth will be curbed to 1% per year, from 5% per year determined at the protocol level. Brendan Blumer, co-founder of Block.One, […]