EOS RAM takes you flying 😀 nod 😀 elephant ➕ like 🐍 song

According to BlockBeats news, on May 29, the EOS Network Foundation announced that the release of EOS System Contracts v3.4.0 introduced fundamental changes to its token economics. The first round of changes detailed in this announcement will only take effect after at least 15 of the 21 EOS block producers (BPs) successfully approve multi-signature (MSIG). The main proposed changes include: limiting the total number of EOS tokens to 2.1 billion. Part 2 explores the transition to REX 2.0. With the implementation of REX 2.0, EOS staking rewards are expected to begin at the end of June. The upcoming changes aim to enhance the Resource Exchange (REX) by moving system fees to block producers (BPs), changing the REX staking lock period from 4 days to 21 days, and more. A distinctive feature of the new token economic model is the strategic management of EOS RAM. If the proposed multi-signature (MSIG) is approved by 15/21 of the active EOS block producers, 35 million EOS will be available to purchase RAM from the system Bancor pool. RAM allocations will be earned through multiple transactions of varying amounts between the approval of the new token economics and the Spring 1.0 hard fork (July 31).