Ethereum devs propose EIP to burn staking rewards above 50% threshold
Ethereum developers have introduced a new EIP that would gradually burn staking rewards once the staking ratio approaches 50%, with an 18-month transition period to curb inflation. Aave founder Stani Kulechov has publicly opposed the proposal, warning it would reduce yield attractiveness and drive institutional investors and DeFi capital away. Lido DAO's token (LDO) is down 15.9% on the day.
Detected & updated continuously · Source: Nebula
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@CryptoJPTrans
🔥 $ETH ステーキング報酬を「焼却」する新提案が登場！ ステーキング量が50%に近づくと報酬を段階的にバーンし、インフレを抑制。移行期間は18ヶ月。 一方 #Aave 創設者は「利回りが魅力を失い、機関投資家や #DeFi から資金が逃げる」と警告⚠️ https://t.co/wCf7HErcAE
@kryptosopus
Ethereum devs just dropped EIP to burn validator rewards once staking crosses 50% Stani from Aave already pushing back, says it kills ETH demand. Watch LDO, already down 15.9% today