EOS Price Increases by 10% as Block.one CEO Talks about ‘Voter Rebates’
Brendan Blumer, the CEO of EOS creator, Block.one, proposed that EOS should modify its constitution to allow block producers to formally pay dividends to users who provide to their stakes. He termed the solution as “Voter Rebates.” The proposal is currently in its early stage but could be implemented if the majority of EOS community favours it. If implemented successfully, the “voter rebates” solution could improve the EOS adoption rate, increasing its value in the long-term.
After the proposal, the EOS price on Wednesday reported more than 10% in gains against the US dollar.