• EOS is a high-performance Layer 1 blockchain that leverages smart contracts to build, deploy and run dApps for real-world use cases, including those in finance, gaming, sports and art—at the retail and institutional level.

  • EOS is the native token of the project. The current use cases for EOS include:

    • Purchasing or renting access to network bandwidth and storage capacity on EOS

    • Participating in DPoS network consensus

    • Participating in on-chain community governance

    • Transferring and accounting for value on native applications

  • The project consists of the following major components working in conjunction:

    • The EOS VM: a low-latency and performant WebAssembly engine that enables the EOS Network to execute smart contract code deterministically while keeping transaction costs low.

    • A native permission system: this allows users to easily secure their EOS accounts with multiple keys that can further be configured to have limited access to different smart contract actions.

    • A flexible architecture: this keeps much of the blockchain functionality at the smart contract layer, enabling the EOS Network to remain agile and allowing token holder selected representatives to reach a consensus on adopting new enhancements to the platform.

  • As at December 20th 2022, the total token supply of EOS is 1,142,205,415. The current circulating supply is 1,077,533,066 (~94.33% of total supply).