
The King of Public Chains: Ethereum
Ethereum is an open-source public blockchain platform with smart contract functions. It provides a decentralized virtual machine (EVM) to process peer-to-peer contracts through its dedicated cryptocurrency ETH.
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IOSG Quantitative Review: EIP-8363 Proposal Cuts Staking "Subsidies" — What Does Ethereum Want in Return?
After the burn mechanism became ineffective, Ethereum trades reduced staking rewards for supply leverage. Modeling shows that under current staking levels, issuance is only reduced by 58.6%, and the system will stabilize at a staking ratio of 26% to 34% and an annual inflation range of 0.3% to 0.5%. Data confirms that staking yields and ETH prices have never been significantly correlated; the real pressure is on the income statements of staking intermediaries such as Lido.