2min chapter

Bankless cover image

ROLLUP: Bitcoin NFTs | Canto | FOMC Interest Rates | Blur OpenSea Royalties

Bankless

CHAPTER

2.7 Billion Dollars of ETH Has Not Been Issued Since the Merge

140 days since the merge, and we are negative 7,000 ETH. Instead of issuing 2.8 billion dollars, ETH has reclaimed 12 million dollars. This is like a dividend back to all ETH holders too? Because that burn gets evenly distributed,. in terms of upside to everyone that owns ETH. The interest rate round went up by 25 basis points this week.

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