6min chapter

Bankless cover image

ETH Is NOT Ultrasound Money with Jon Charbonneau

Bankless

CHAPTER

Ether Staker - Is the Burn Relevant to You?

The burn is only the thing that's relevant for people who aren't staking. If you have your Ether as collateral and compound, you do care about how much Ether is burnt because that is actual value flows to you. The key point is whether that revenue goes to validators via a priority favor, it's burned and it goes to all holders That makes a difference for the monetary aspect of it. It doesn't change the fact that Ether as an asset, as a whole, is accruing all of that. And in this scenario, any issuance that is directly going down from un-stakeholders is equivalently going up to stakers.

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