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170 - Burning MEV with Justin Drake and Dom
Bankless
The Effects of MEV Burn on Ethers
The net effect of MEV burn will actually be a transfer of wealth from ether stakers to ether holders. So there will be a lesser incentive to stake ether because the yields to e-staking will go down. In an inefficient market, the rewards for staking will tend to the cost of money. Because the burn increases the scarcity of ETH, it fuels this value in the price of ETH.
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