ETH burns still going well

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Avatar for alejandrochivico15
2 years ago

After a long time, I was curious to see if ETH was being burned well, so I checked it once.

As of the last month, I checked

Reward : 407,214 ETH
Burned : 396,311 ETH
Net Issuance : 10,899 ETH

From the beginning of incineration until now, looking at the whole, it still seems a bit far from deflation.

Still, looking at the history of the last month, there is also an expectation that it can become a deflationary coin if done really well, depending on the success of ETH projects.

There are major mainnet chains such as BSC, SOL, LUNA, DOT, ATOM, etc... But no matter how much I think about it, I still think that ETH's position is very absolute.

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Avatar for alejandrochivico15
2 years ago

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