The EOS Network Foundation CEO recently announced the approval of a proposal to cap the EOS supply at 2.1 billion tokens ¹. The proposal, put forth by the foundation, aimed to establish a fixed supply and burn the excess 80%, which gained consensus from block producers. This decision marks a significant milestone in the evolution of the EOS ecosystem.

*Establishing a Fixed Supply*

The proposal to cap the EOS supply at 2.1 billion tokens is a strategic move to create a stable and sustainable ecosystem. By establishing a fixed supply, the foundation aims to prevent inflation and maintain the value of EOS tokens. This decision is expected to have a positive impact on the market, as it will help to build trust and confidence among investors and users.

*Burning Excess Tokens*

The proposal also includes a plan to burn the excess 80% of EOS tokens, which is a significant move to reduce the token supply. This will help to prevent token flooding, which can lead to inflation and devalue the tokens. By burning the excess tokens, the foundation is ensuring that the token supply is aligned with the growing demand, thereby maintaining the value of EOS tokens.

*Consensus from Block Producers*

The proposal gained consensus from block producers, which is a significant achievement. Block producers are the backbone of the EOS ecosystem, and their support is crucial for the success of any proposal. The consensus from block producers indicates that they are aligned with the foundation's vision for the EOS ecosystem and are committed to its growth and development.

*Impact on the EOS Ecosystem*

The approval of the proposal to cap the EOS supply at 2.1 billion tokens is expected to have a positive impact on the EOS ecosystem. It will help to build trust and confidence among investors and users, which is essential for the growth and development of the ecosystem. The decision will also help to maintain the value of EOS tokens, which is critical for the sustainability of the ecosystem.

*Conclusion*

In conclusion, the approval of the proposal to cap the EOS supply at 2.1 billion tokens is a significant milestone in the evolution of the EOS ecosystem. The decision to establish a fixed supply and burn the excess tokens will help to maintain the value of EOS tokens and build trust and confidence among investors and users. The consensus from block producers is a testament to the foundation's commitment to the growth and development of the EOS ecosystem.