#MyEOSTrade - Token Allocation: Most are allocated to participants during the ICO period.
- Voting and Governance: Holders participate in network governance through voting, including electing witnesses and deciding network parameters.
- Resource Allocation: Resources in the network such as bandwidth, storage, and computing power are allocated based on token holdings, incentivizing holders to actively participate in network governance.
- Inflation Mechanism: The network has a certain inflation rate, and newly generated tokens are used to reward witnesses and support network operations.
However, EOS tokens also face some challenges and competition, such as significant market volatility risks, and the continuous development of blockchain technology, with other projects competing for market share. Additionally, it has previously been in the spotlight due to some projects being suspected of illegal activities such as pyramid schemes. When considering investing in or using EOS tokens, it is essential to fully understand the associated risks and make cautious decisions.