EOS was once considered one of the most promising blockchains in the Layer 1 sector. At the time of its launch, EOS was one of the top five cryptocurrencies by market capitalization. On the morning of April 25, Yves La Rose, CEO of the EOS Network Foundation (ENF), proposed new token economics on the X platform and said that he would meet with BPs later today to discuss this topic.
As soon as the news came out, according to OKX market data, EOS briefly broke through $0.95, with an increase of more than 12% in one hour, and has now fallen back to around $0.88. Next, Odaily Planet Daily will take you through a detailed interpretation of the new token economic model proposed by EOS.
