August 30, 2021, 5:16AM EDT
• 10 min read

Ethereum monetary policy and EIP-1559

Quick Take

  • The outstanding supply of Ethereum is challenging to observe because of uncle blocks, EIP-1559, and staking rewards in Ethereum 2.0
  • Ethereum’s net issuance has been reduced under EIP-1559, as a portion of the transaction fee is burned
  • Ethereum is unlikely to become deflationary before the rollout of Ethereum 2.0

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