EOS User Support

The EOS token has a supply of around 1 billion. When EOS started, the inflation was 5%, with 4% funneling into a savings account and 1% for Block producer rewards. 

Without a way to decide who should receive the funds from savings, the EOS community <a href="https://bitcoinist.com/eos-burns-132m-worth-of-tokens-to-curb-inflation/" target="_blank" rel="nofollow noopener noreferrer">voted to burn them</a> and eventually shut off the 4% inflation. 

With the acceptance of ⅔ + 1 Block producers vote, <a href="https://twitter.com/BigBeardSamurai" target="_blank" rel="nofollow noopener noreferrer">Yves La Rose</a> spearheaded the formation of the EOS Network Foundation with <a href="https://twitter.com/BlockchainZack" target="_blank" rel="nofollow noopener noreferrer">Zack Gall</a> and Dafeng Guo as the “Core” members in 2021. Yves proposed an inflation increase from 1% to 3% to fund projects building on EOS. 1% of the inflation went to BPs and 2% to EOS projects. 

For more information, read more about <a href="https://help.eossupport.io/en/articles/5698380-what-is-the-eos-network-foundation-enf" target="_blank">EOS Network Foundation</a>.

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<a href="https://bitcoinist.com/eos-burns-132m-worth-of-tokens-to-curb-inflation/" target="_blank" rel="nofollow noopener noreferrer">EOS Burns $132M Worth of Tokens to Curb Inflation</a>

<a href="https://twitter.com/BigBeardSamurai" target="_blank" rel="nofollow noopener noreferrer">Twitter account Yves La Rose</a>

<a href="https://twitter.com/BlockchainZack" target="_blank" rel="nofollow noopener noreferrer">Twitter account Zack Gall</a> 

- <a href="https://help.eossupport.io/en/articles/5698380-what-is-the-eos-network-foundation-enf" target="_blank">What is the EOS Network Foundation (ENF)</a>?

- <a href="https://bitcoinist.com/eos-burns-132m-worth-of-tokens-to-curb-inflation/" target="_blank" rel="nofollow noopener noreferrer">EOS Burns $132M Worth of Tokens to Curb Inflation</a>
- <a href="https://twitter.com/BigBeardSamurai" target="_blank" rel="nofollow noopener noreferrer">Twitter account Yves La Rose</a>
- <a href="https://twitter.com/BlockchainZack" target="_blank" rel="nofollow noopener noreferrer">Twitter account Zack Gall</a> 
   
- Further reading:
  - <a href="https://help.eossupport.io/en/articles/5698380-what-is-the-eos-network-foundation-enf" target="_blank">What is the EOS Network Foundation (ENF)</a>?