The EOS blockchain proposed power up model, a user can pay a fee and power up their account for 24 hours to transact on the network. Additionally, EOS token holders can deposit unused EOS tokens to receive a percentage of the power up fees generated by the entire network.
The testing program is complete, and we now invite the EOS community to drive the deployment and adoption of the EOS PowerUp Model for the EOS Public Blockchain. The EOS community expect the bps to approve the power up model in the upcoming weeks, it should be fully transitioned from old to new by early April or sooner.
Interesting.
Anyway, after a long hiatus, I am exiting EOS since I don't see any purpose in it.
@tipu curate
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Thanks for the comment, the next few months will be interesting for EOS...The power up model which will replace the existing REX model plus lots of cross chain tech coming, couple of eos projects are already trading on uniswap, one of them is YUP
Thanks. I will take a look at it. Recently I powered down my EOS stake since I intended to sell it all. I may wait a bit longer :)
Have a great weekend.
No financial advice hehe, I think EOS should be much higher regarding the price, not sure if it will go up or down but as far as developments go some stuff is in the works for the near term, great wknd to you too.
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