🔥ETH Burn Rate Surges Amid Memecoin Fever
DeFi Alpha
GM Defiers!
Memecoin fever has driven up Ethereum's burn rate, with over $110M of ETH burned in the last week alone. Meanwhile, stakers continue to pile in after staked ETH withdrawals were enabled last month, and consulting firm Deloitte has partnered with a Polkadot-based digital ID project.
✍️ In today’s newsletter:
- ETH staking inflows exceed withdrawals post-Shapella
- Deloitte turns to Polkadot-based Kilt for digital credentials
🙏Sponsored:
🎬 WATCH
Watch our video on memecoins fizzling out. And check out our podcast with Taylor Monahan, who explains a $10M Hack and how to stay safe in crypto.
