$830M Burned: A Month Into EIP-1559
It’s been a month, almost to the day, since Ethereum’s EIP-1559 upgrade went live, and the milestone was met with the first-ever deflationary day for ETH, where more of the cryptocurrency was burned than issued. The upgrade promised more predictable gas fees, an improved user experience and the potential for a lower ETH inflation rate.…
By: yyctrader •
Research & Opinion
It’s been a month, almost to the day, since Ethereum’s EIP-1559 upgrade went live, and the milestone was met with the first-ever deflationary day for ETH, where more of the cryptocurrency was burned than issued. The upgrade promised more predictable gas fees, an improved user experience and the potential for a lower ETH inflation rate.…
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