Mission of EOS New Economy Token

In the past, if you were a #EOS holder, unfortunately, you did not have any income, and you could not get any appreciation except the increase in the price of the currency. In the past, EOS was an inflation model. It stands to reason that node income should come from transaction fees, but EOS transactions are basically free, and nodes can only get income through 1% inflation. These incomes are obtained by diluting the value of EOS holders' tokens. The longer you hold EOS, the greater the loss.

Now EOS has ended the inflation model, with an upper limit of 2.1 billion, and 900 million tokens will be issued at one time. Among the newly added tokens, one part is reserved for EOS construction and development costs, one part is used as node income, another part is used to develop the RAM ecosystem, and the last part is distributed to EOS mortgage miners. These tokens are halved every four years until they are fully released, which is about 24 years. #ram is an EOS system resource. Buying RAM is equivalent to buying a piece of land. In the future, you can collect rent and have a source of income, instead of diluting the value of all EOS holders.

In summary, the mission of the EOS new economic token model is to save EOS and change the dilemma that EOS token holders cannot obtain benefits, but instead provide funds to EOS developers and EOS traders for free. Without EOS token holders, there is no need for EOS to exist, and the past seven years have proved this point.