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The Effect of ETH-er Burn on Yields
The supply of ETH or stake is going to go down probably, right? Yes. The total amount of ETH-state is going togo down. Yields you're claiming is saying the same. Over time, the equilibrium yield is the same. Yeah. But the same rewards per validator and fewer validators means less issuance which is a goes back to Justin saying that there's also a savings on issuance on top of the MEV burn that's happening. Okay. So like Raleigh intuitively, we're taking away yields from ETH-stateers and we're burning it, giving it to ETH-er holders. Yet Justin is still saying that the yields are going to stay the