EOS Total Supply?

[koincik]

Hello my friends,
We were discussing about EOS total supply in our local board.
And one of our friends realized a strange thing about EOS total supply.
In EOS codes, it seems that total supply of EOS should be 1 B. But it getting increase. How is that possible? I think there should be an explanation.
Please share your thought.

How is this possible?

[batang_bitcoin]

I've found an interesting discussion about this on reddit. Few people explained about how much and why its supply is like that.

https://www.reddit.com/r/eos/comments/9lqlyr/is_the_total_supply_of_eos_limited/

[tenakha]

in EOS, there are three types of supply:
circulating supply: total number of tokens that are circulating in the market and are available to be traded or used.
total supply: total number of tokens that have been created.
max supply: total number of tokens that can ever be created.

For more you can check this: EOS token supply explained: what’s the difference between circulating supply, total supply and max supply?

[makishart]

The current cap is 1 billion tokens.

There will be an inflation of 5% per annum to reward the block producers. The block producers may use these to sell or to invest back into EOS dapps.

The max supply listed on coinmarketcap is the current upper limit as the block producer 5% reward has not been created yet.

Total supply is 900 million, Block.one has a 100 million stake in the project to incentivise making in the best darn blockchain they can.

https://www.reddit.com/r/eos/comments/7y60vf/eos_max_supply/


Best answer for you so far.

[Moeda]

in EOS, there are three types of supply:
circulating supply: total number of tokens that are circulating in the market and are available to be traded or used.
total supply: total number of tokens that have been created.
max supply: total number of tokens that can ever be created.

If we refer to the discussion above, the total supply must not exceed Max Supply.
But if we look at the Op thread, the supply has exceeded Max Supply. This is a problem in the total EOS that will circulate in the future.

[koincik]

The current cap is 1 billion tokens.

There will be an inflation of 5% per annum to reward the block producers. The block producers may use these to sell or to invest back into EOS dapps.

The max supply listed on coinmarketcap is the current upper limit as the block producer 5% reward has not been created yet.

Total supply is 900 million, Block.one has a 100 million stake in the project to incentivise making in the best darn blockchain they can.

https://www.reddit.com/r/eos/comments/7y60vf/eos_max_supply/


Best answer for you so far.

From what I understand here, the amount of EOS will increase by 5% every year. So in this case max. supply 10 B correct. The amount of EOS will constantly increase.

[joseyphil82]

The current cap is 1 billion tokens.

There will be an inflation of 5% per annum to reward the block producers. The block producers may use these to sell or to invest back into EOS dapps.

The max supply listed on coinmarketcap is the current upper limit as the block producer 5% reward has not been created yet.

Total supply is 900 million, Block.one has a 100 million stake in the project to incentivise making in the best darn blockchain they can.

https://www.reddit.com/r/eos/comments/7y60vf/eos_max_supply/


Best answer for you so far.

From what I understand here, the amount of EOS will increase by 5% every year. So in this case max. supply 10 B correct. The amount of EOS will constantly increase.

Wow i never knew there is a grow that increases in max supply every year, thanks for this information i bet many out there don't know that EOS have such ability

[Moeda]

The current cap is 1 billion tokens.

There will be an inflation of 5% per annum to reward the block producers. The block producers may use these to sell or to invest back into EOS dapps.

The max supply listed on coinmarketcap is the current upper limit as the block producer 5% reward has not been created yet.

Total supply is 900 million, Block.one has a 100 million stake in the project to incentivise making in the best darn blockchain they can.

https://www.reddit.com/r/eos/comments/7y60vf/eos_max_supply/


Best answer for you so far.

From what I understand here, the amount of EOS will increase by 5% every year. So in this case max. supply 10 B correct. The amount of EOS will constantly increase.

The question is, why does the total supply exceed the max supply. If I'm not mistaken in understanding it, this is a strange thing.

[nickenburg]

The question is, why does the total supply exceed the max supply. If I'm not mistaken in understanding it, this is a strange thing.

I think you understand it wrong indeed the total supply cant be bigger then the maximum supply ofcourse.
It's very interesting that this Eos cant be mined If I remember correctly there was only a ICO where you could trade in your Ethereum for EOS.
And now there is a supply increase of 5% a year that will be used to make a better blockchain.