2min chapter

Bankless cover image

170 - Burning MEV with Justin Drake and Dom

Bankless

CHAPTER

The Merger and the ETH Supply Reduction

Since the merge 229 days ago, according to ultrasound.money, the supply has reduced by 136,000 ETH. Now if we had had MEV burn, the supply would have decreased by roughly 3X faster. So let me translate that into some annualized percentage numbers. Since the merge, Justin, we have been about kind of an annualized supply reduction of .179%. With MEV burn would be like three X that number, something along those lines. Right.

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