DL Research Content

A new era for EOS: A conversation with CEO Yves La Rose

A new era for EOS: A conversation with CEO Yves La Rose
Credit: Darren Joseph

Nearly 80% of $EOS supply was burned recently. How did the EOS community react to the new tokenomics model?

Yes, 80% of the future token supply of EOS was burned and EOS now has a maximum supply of 2.1bn tokens, compared to the previous cap of 10bn. There is a new wave of energy and enthusiasm in the community. Members are active, asking questions, and engaging, because EOS has entered a new era. With RAM market support and very generous EOS staking rewards about to go live, it’s a good time to be an EOS token holder.

The new tokenomics brings EOS further in line with the broader crypto market. The move to a fixed supply, as opposed to a continuous percent inflation on supply, means potential investors can calculate the FDV of EOS for the first time. The introduction of competitive protocol level staking rewards makes EOS a much more attractive asset to hold. At the same time, we’re seeing a surge in interest in EOS RAM.

Rising demand for RAM has created a surge in trading fees generated by the system contacts. How does EOS plan to use these fees to benefit the ecosystem?

Under EOS’s new tokenomics, all system fees—including those from RAM trading, PowerUp, Name Auctions, and EOS EVM transactions—are redirected to Block Producers (BPs) along with their usual block rewards. This reallocation enhances both stability and incentives for BPs as network demand grows, closely aligning their incentives with the health and growth of the EOS network. This strategy encourages sustained investment and active participation from BPs, reinforcing the stability and scalability of the ecosystem.

RAM combines aspects of decentralised physical infrastructure and real-world assets (RWA). In fact, you previously referred to RAM as the ‘first true RWA.’ How does the EOS ecosystem plan to further leverage RAM’s unique properties to capture these markets?

Yes, RAM has been a hidden gem of both the EOS and wider blockchain ecosystems for some time. Now that its unique properties have been rediscovered, and enhanced, efforts are underway to bring RAM into new markets.

We created a system wrapped RAM (WRAM) explicitly for this purpose. All WRAM is 1:1 system RAM, and we believe that the prospect of owning this kind of fungible claim on decentralised state, or memory, is still dramatically undervalued. exSat, a BTC scaling solution that depends on the unique properties of EOS RAM, is now extremely well positioned to demonstrate just how valuable EOS RAM is.

Join the community to get our latest stories and updates

What future use cases do you see RAM token wrapper capabilities playing in the EOS ecosystem?

The RAM token wrapper capabilities in the EOS ecosystem can revolutionise several areas. First: In Decentralised Finance (DeFi), not just in EOS, but soon within other blockchain ecosystems as well where tokenised RAM can be used as collateral or traded, creating new financial instruments. Second, in Resource Management, where it allows for a market-driven approach to efficiently manage and trade RAM as needed. Third: Developer incentives could leverage RAM tokens to reward developers, aligning their efforts with network growth.

In what ways can the greater BTC ecosystem benefit from exSat’s docking layer? How does exSat enhance Bitcoin’s scalability without compromising decentralisation and security?

exSat’s docking layer benefits the Bitcoin ecosystem by acting as a bridge, connecting Bitcoin to various Layer 2 solutions and other blockchains. This increases interoperability and liquidity. By combining Proof of Work (PoW) and Proof of Stake (PoS), exSat maintains Bitcoin’s security while adding new consensus layers. It stores Bitcoin block data in EOS RAM, making it easier for decentralised applications to use Bitcoin data securely.

Additionally, exSat supports Ethereum-compatible smart contracts, expanding Bitcoin’s functionality. Its modular architecture allows developers to create customised Layer 2 solutions, enhancing scalability.

Overall, exSat improves Bitcoin’s scalability and interoperability while preserving its core principles of decentralisation and security.

What is exSat’s long-term vision for creating an ecosystem of “intent-centric omnichain dApps?”

exSat’s long-term vision is to create an interconnected ecosystem where users can effortlessly execute transactions across multiple blockchains through “intent-centric omnichain dApps.” This means simplifying the multi-chain landscape by allowing users to initiate all operations from exSat, making cross-chain interactions seamless and intuitive.

For developers, exSat provides a unified interface to build these omnichain dApps, eliminating the need to manage multiple chains separately. This approach fosters a more inclusive and accessible blockchain environment, driving mass adoption by making it easier for both users and developers to leverage the full potential of Bitcoin and other blockchain technologies.