Nice INFLATIONARY asset, ETHkeks
Nice INFLATIONARY asset, ETHkeks
Uhhh.... mETHead sisters...
wait a second...
So how is this possible lol
Too many people insulated their coins, so we're not getting the level of burn expected.
>lock your coins or get diluted
>people stops transacting
>no burns
>how is this possible?
you tell user
a deflationary system will inevitably fail
mETH ADDICTS LITERALLY CANT STOP LOSING WAY TO GO PROOF OF STAKE MORE LIKE PROOF OF SHIT HAHAHAHAHAH
Ponzu-sisters, did we get too cocky?
truly the future of finance. lmao
Holy fuck it’s actually STILL going up lel.
I would say that counts as zero
Anyway its deflationary since all rewards are locked for months kek
ETH will overtake bitcoin soon
just an inverse chart of gas fees
burn will really take off when its not the middle of the night in a bear market
Worst kind of HODL mentality.
How the fuck is this possible
Basically the abomination called staking. Huge wallets preferred to hodl or stake their wallet. A little to no fees are getting burnt due to few transactions.
Ethereum has always been inflationary and it has an unlimited supply.
kekekekekekek I love it Im gonna slurp eth cheapies for sub $40
>mfw EIP1559 had more of an effect in ETH's inflation than the actual merge
If block rewards outpaced fees being burned then supply goes up