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As a percentage of supply, Ethereum only issues about 10% as much as Bitcoin.

On top of that, a portion of Ethereum fees are burned instead of paid to stakers. The supply is still slowly increasing, but at a (fairly modest) fee level of around 16 gwei the supply starts to shrink. The higher the demand for blockspace, the faster the supply shrinks.



"the PoS merge [...] will reduce issuance to the point where the ETH supply will begin to shrink" https://news.ycombinator.com/item?id=31826155

"the ETH supply will begin to shrink" https://news.ycombinator.com/item?id=29080421

> only issues about 10% as much

10% is 3 halvings. I'll take a nap.


After you're better rested, maybe read my second paragraph?




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