Zack just dropped in for a few quick updates for everyone following the progress of the EOS Foundation following Yves recent blog post offering further details into the Foundation
Since the publication, three more BPs have signed the BP MSIG to 1) transfer 3.5m legacy funds to eosio.grants under EOS Foundation core u/active MSIG and 2) Increase network inflation to 3% with 2/3 of that flowing into eosio.savings where it remains under entirely under BP guardianship.
**This brings the MSIG approval to 12/15 to empower and launch the EOS Foundation**
**Follow the MSIG Progress**
**Additionally, feedback and advice continues to be received** as from key network stakeholders as the EOS Foundation works towards **reaching a network-wide BP consensus**.
One of the suggestions received was to **increase the time delay on eosio.grants MSIG from 36 to 72 hours**. This proposal for **was signed by Yves, Zack and Dafeng Guo on Monday**, so it is now hours away from the 36 hour time delay to pass, allowing for its on-chain execution.
View MSIG to Increase Time Delay
⚡️#EOSFoundation just executed the transfer for a 200,000 $EOS grant to @EdenOnEOS for its upcoming election.🗓On October 4, a second transfer will be made for 200 #EOS multiplied by Eden's total memb...