Inflation in the EOS network reduced to 1%
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The EOS network owners have approved the decision to reduce inflation. The figures dropped from 5% to 1%. Brendan Bloomer shared this event. When the new EOS network was launched, there were 1 billion coins, with a rate of 5%. The supply increased by 50 million. One percent of the coins were distributed among the block creators. The remaining 4% went to eosio.saving. The money was used to improve the EOS environment. However, there was disagreement among the community members on this issue, and there was no single decision. The account burned 34 million. EOS is currently trading at $ 3.90. The cryptocurrency lost 30% in a few weeks.

The issue of inflation was considered before, but this solution did not find support. The inflation system is put into the network protocol first of the launch. There have been speculations about the use of coins to fund projects. Uncertainty on this issue has led to the fact that now the funds can not be used. Recently, the Coinbase exchange suspended cryptocurrency manipulation, explaining this by problems with the network. Block manufacturers have not confirmed any faults.

Added: 16.03.2020