On May 29, the EOS Network Foundation announced that the release of EOS System Contracts v3.4.0 introduced fundamental changes to its token economics. The first round of changes detailed in this announcement will only take effect if at least 15 of the 21 EOS block producers (BPs) successfully approve multiple signatures (MSIGs). Key proposed changes include: limiting the total number of EOS tokens to 2.10 billion, etc.
The second part explores the transition to REX 2.0. With the implementation of REX 2.0, EOS staking rewards are expected to begin at the end of June. The upcoming changes aim to enhance resource exchange (REX) by transferring system fees to block producers (BPs), changing the REX staking lock-up period from 4 days to 21 days, and more.
EOS Network Foundation: With the implementation of REX 2.0, EOS staking rewards are expected to begin at the end of June
2024-05-29 00:47:11
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