EOS (EOS) Q2'24 回顧

EOS (EOS) 是一個第 1 層區塊鏈，在委託權益證明 (DPoS) 共識機制上運行，採用開源 Antelope 協議構建

Key Insights

主要見解

EOS (EOS) is a Layer-1 blockchain that operates on a Delegated Proof-of-Stake (DPoS) consensus mechanism, built with the open-source Antelope protocol formerly known as EOSIO. The EOS Network Foundation is a non-profit organization formed from a community-driven initiative to take over the project, ensuring the protocol's continuity and revitalizing the ecosystem. This grassroots effort has led to several key upgrades, including the introduction of inter-blockchain communication (IBC), an Ethereum Virtual Machine (EVM) solution, and the successfully completed Savannah hard fork bringing transaction speed down from 6 minutes to 1 second launched on the 25th of September. For an in-depth look at EOS, please refer to our Initiation of Coverage report (IOC).

EOS (EOS) 是一個第 1 層區塊鏈，在委託權益證明 (DPoS) 共識機制上運行，該機制採用開源 Antelope 協議（以前稱為 EOSIO）構建。 EOS網路基金會是一個由社區驅動的倡議組成的非營利組織，旨在接管該項目，確保協議的連續性並振興生態系統。這項基層努力帶來了多項關鍵升級，包括引入區塊鏈間通訊(IBC)、以太坊虛擬機(EVM) 解決方案，以及成功完成的Savannah 硬分叉，將交易速度從6 分鐘降至1 秒。若要深入了解 EOS，請參閱我們的覆蓋範圍啟動報告 (IOC)。

Key Metrics

關鍵指標

EOS’s price fell in line with the rest of the market, declining 48.18% from $1.10 to $0.57 QoQ. Despite a general price recovery across the broader crypto market in Q2'24, EOS experienced a downward trajectory. This is in contrast to majors like Bitcoin, which showed signs of recovery during the same period.

EOS 的價格與市場其他價格一致下跌，環比下跌 48.18%，從 1.10 美元跌至 0.57 美元。儘管 24 年第二季整個加密貨幣市場的價格普遍回升，但 EOS 卻經歷了下行軌跡。這與比特幣等主要貨幣形成鮮​​明對比，比特幣在同一時期顯示出復甦的跡象。

The overall crypto market did see a downward trend in market capitalization during this quarter, and this broader decline has been reflected in EOS’s market performance as well. EOS’s circulating market capitalization shrank by 25% QoQ, falling from $1.2 billion to $900 million. Despite the decrease in market cap, EOS improved its position in market cap rankings, climbing from 90th in Q1’24 to 79th in Q2’24. Nonetheless, the rise in ranking shows that while EOS struggled with its price and market cap, it fared better than many other similar assets in relative terms.

本季整個加密貨幣市場的市值確實出現了下降趨勢，這種更廣泛的下降也反映在了 EOS 的市場表現上。 EOS的流通市值較上季縮水25%，從12億美元跌至9億美元。儘管市值下降，但 EOS 在市值排名中的地位有所提高，從 24 年第一季的第 90 位攀升至 24 年第二季的第 79 位。儘管如此，排名的上升表明，儘管 EOS 的價格和市值都在掙扎，但相對而言，它的表現比許多其他類似資產要好。

EOS Token Unlocks and Staking

EOS 代幣解鎖和質押

Source: EOS Network

來源：EOS網絡

Updated EOS Tokenomics Model

更新的 EOS 代幣經濟模型

In Q2’24, EOS implemented a transformative shift in its tokenomics reducing the maximum total token supply from 10 billion to 2.1 billion and implementing a halving schedule to reduce the rate of inflation over time. The EOS Network Foundation (ENF) proposed the new model, which was designed to provide long-term stability and predictability for users and investors. The most prominent aspect of this change is the capping of the maximum total EOS supply at 2.1 billion tokens, significantly reducing the maximum token supply and also introducing a halving mechanism to reduce future inflation over time.

在 2024 年第二季度，EOS 對其代幣經濟實施了變革性轉變，將最大代幣總供應量從 100 億減少到 21 億，並實施減半計畫以降低通貨膨脹率。 EOS網路基金會（ENF）提出了新模型，旨在為使用者和投資者提供長期穩定性和可預測性。這項變化最突出的方面是將EOS 的最大總供應量限制在21 億個代幣，顯著減少了最大代幣供應量，並引入了減半機制以減少未來隨著時間的推移的通貨膨脹。

Updated EOS Staking Mechanisms

更新的 EOS 質押機制

The new EOS staking mechanism introduces several important updates aimed at improving both the user experience and the network's long-term security. One of the key features is the introduction of high-yield staking rewards, where users can earn compounded returns over time by staking their EOS tokens. This is supported by a dedicated pool of 250 million EOS, which will release 31.25 million EOS annually as rewards, ensuring consistent engagement from the EOS community.

新的 EOS 質押機制引入了多項重要更新，旨在改善使用者體驗和網路的長期安全性。其關鍵功能之一是引入高收益質押獎勵，用戶可以透過質押 EOS 代幣隨著時間的推移獲得複合回報。這是由 2.5 億個 EOS 的專用池支持的，該池每年將釋放 3,125 萬個 EOS 作為獎勵，確保 EOS 社群的持續參與。

In addition to these rewards, the unstaking period has been extended from 4 to 21 days, providing greater network stability and discouraging short-term speculative behavior. This extended lock-up period helps ensure that stakers remain committed to the network for longer durations, enhancing its overall security.

除了這些獎勵之外，質押期限也從 4 天延長至 21 天，提供了更大的網路穩定性並抑制了短期投機行為。延長的鎖定期有助於確保利害關係人在更長的時間內保持對網路的承諾，從而增強其整體安全性。

EOS has also streamlined the staking process by removing the need for users to vote for 21 block producers or designate a proxy. This change simplifies the staking experience, making it more accessible to a wider range of participants. Along with these improvements, block producers now receive additional incentives in the form of network-generated fees, tied to the growing demand for the network. These incentives are layered on top of their traditional block rewards, further encouraging their active contribution to the network’s security and scalability.

EOS 也簡化了質押流程，不再需要用戶投票給 21 個區塊生產者或指定代理人。這項變更簡化了質押體驗，使更廣泛的參與者更容易獲得。除了這些改進之外，區塊生產者現在還以網路產生的費用的形式獲得額外的激勵，這與網路需求的不斷增長有關。這些激勵措施位於傳統的區塊獎勵之上，進一步鼓勵他們對網路的安全性和可擴展性做出積極貢獻。

Overall, the revamped staking mechanism not only offers increased returns for participants but also strengthens the network by promoting long-term participation, simplifying engagement, and ensuring adequate incentives for block producers to support the EOS ecosystem.

總體而言，改進後的質押機制不僅為參與者提供了更高的回報，還透過促進長期參與、簡化參與並確保為區塊生產者提供足夠的激勵來支持 EOS 生態系統，從而增強了網路。

To date, over 150M EOS has been staked, representing 7.14% of the total locked supply. Since the new staking program was launched, over 100M has been staked in 4 months, with potential staking programs launching on centralized exchanges in the future.

迄今為止，已有超過 1.5 億個 EOS 被質押，佔鎖定總量的 7.14%。自新的質押計畫推出以來，4個月內質押量已超過1億，未來潛在的質押計畫將在中心化交易所推出。

Network Analysis

網路分析

In Q2'24, both the daily active addresses (DAAs) and daily transactions on the EOS network saw increases QoQ. Daily transactions rose from 1.2 million to 1.6 million, representing a 33.33% increase. Similarly, the number of daily active addresses grew from 29.0K to 30.6K, reflecting a 5.52% increase.

在 2024 年第二季度，EOS 網路上的每日活躍位址（DAA）和每日交易量均較上季成長。日交易量從 120 萬筆成長至 160 萬筆，增幅 33.33%。同樣，每日活躍地址數從 2.9 萬個增長至 3.06 萬個，增長 5.52%。

EOS saw growth in unique active addresses during Q2’24, reaching 309,421 addresses, representing a 10.01% increase QoQ. However, engagement levels, measured by the

2024 年第二季度，EOS 的獨立活躍地址數量有所增長，達到 309,421 個地址，環比增長 10.01%。然而，參與度的衡量標準是