Main notes
- Multiversx suggested removing the EGLD supply cap by adding 9.47 % annual tail enlargement.
- “There can be only 30 million EGLD,” as it reads the official website of the project, which enhances EGLD as an alternative to “currencies that can be printed indefinitely.”
- EGLD decreased by 41 % year on an annual basis, an increase of 1.68 % in the past 24 hours from October 3, 2025, at the time of writing this report, ranked 147th by the market.
Robert Sassu, the main developer of the Multivesx Foundation, published a governance proposal presented at an official event for the Multiversx Foundation on October 3, “The Foundry”, related to the project’s economic model. Amid a series of topics discussed in the proposal, the removal of the hood from EGLD to the eyes jumps because it breaks the multi -year promises made by the institution itself.
Multivesx, previously known as ELROND, has announced the rename of the brand in November 2022 at the Xday event in Paris, according to Coinspeaker. In September 2025, another project owned by the basis, XMoney, faced a similar controversy by announcing a symbolic deportation from UTK to XMN, which will effectively reduce the distinguished code holders by 30 or 10 times, depending on how they choose to move.
In particular, the “inflation rate and the burning mechanism” from “”A competitive economic framework for the total number: towards entitlement and reflexive valueThe proposal for the publication is just an egld adding 9.47 % annual enlargement rate while burning 10 % of the fees paid to the fighters.
Government proposal for multiple economics (EGLD) | Source: Multiversx Agora
Justin Punes – founder and director of the Board of Directors for Sipran, the oldest encryption fund in Europe – in a The hosted spaces in Multiversx on X This is an economic model outside industry standards, with an increase in inflation rate and a very low burning rate, with the argument against the proposal. Bones promised to write an article sharing his point of view, although his opinion was rejected by other speakers not to reveal the size of his exposure to the project.
Besides the complexities of the newly proposed symbol, the controversy also lies in the basic breaking of the project, which has been promoted for many years as a similar model for Bitcoin
BTC
122 dollars 734
24 hours fluctuation:
1.6 %
The maximum market:
$ 2.44
Folder. 24h:
$ 85.28 b
Reduction with solid supplies of about 31.4 million EGLD, according to Multiversx documents.
On the intended egld page on the official website owned, Multivesx.com/egldIt is still possible to see this feature to this day. “There can be only 30 million EGLD,” says the title.
“Unlike the traditional currencies that can be printed indefinitely, EGLD employs a model for the covered version, ensuring that a pre -established number of symbols will be created at all. There are only 26 million EGLD in existence and the maximum theoretical limit of 31.4 million, relatively to 8 billion people,” the text continues. “
The “EGLD Code” page, as of October 3, 2025 | Source: Multiversx.com
Robert Sassu, the author of this proposal, publicly commented about this in the past, saying: “No one talks about the increase in the offer,” when the discussion increased between some defenders of many defenders in X in February this year.
No one talks about the increase in the offer. Ethereum constantly discusses economics changes.
Some of the problems we have now: even when the blocks are full, the drawings are not enough to cover inflation.
First of all, we want to change that.
– Robert Sasu Dev/ACC (SASUROBERT) February 6, 2025
Multiversx (egld)
As of this writing, Taken Egld Multiversx is traded at $ 14.25, a decrease of 41.31 % year on year and an increase of 1.68 % in the past 24 hours with a paphence of 408.65 million dollars, According to CoinmarketCap. The distinctive symbol was constantly losing the market ranks to other encrypted currencies in the past months, and is currently sitting in 147th.
Multiversx Market Data (EGLD) and price as of October 3, 2025 | Source: CoinmarketCap
In general, the proposal recognizes the Multiversx conflicts and the need for a change, and it is also discussed in the above -mentioned spaces. The idea, according to representatives of the Foundation, is to stimulate growth and feed the project to the United States, where they are looking for a more friendly environment to build and present its vision because it is a Blockine group on the Internet.
The central argument for these changes is to attract liquidity and align stakeholders in the long run, in addition to burning fees that can surround the rate of inflation if the network sees enough use and fees. The theoretical framework can help achieve the accumulation of reflexive value by creating a self -enhancement cycle as it increases revenue for adoption, with 90 % of the fees to the builders to stimulate innovation and the burning rest or re -invest, based on the arguments provided.
In short, the competitive expansion network can be placed by balancing incentives for users, developers and investors, and looks forward to feasibility and long -term growth. However, the decision indicates that it is controversial, especially through inflation that exceeds the standards of industry and its owners can be punished in the long run by reducing supply and increasing the pressure pressure by auditors and smart contract owners who can use this economy to help maintain their business and develop their business.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Vini Barbosa has been professionally covered the encryption industry since 2020, as it summarizes more than 10,000 hours of research, writing and editing content related to media outlets and key players in the industry. Vini is an active suspension and heavy technology user, who really believes in its revolutionary capabilities. The topics of interest include Blockchain, open source programs, decentralized financing, and the benefit of the real world.
The post Broken Promises: MultiversX Proposes Removing EGLD Supply Cap first appeared on Investorempires.com.
