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203 - ETH in 2024

Bankless

ETH as Yield-Bearing Asset and Internet Bond

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This chapter discusses the potential of Ethereum (ETH) as a yield-bearing asset and its role as an internet bond. It explores the concept of yield-bearing money and how ETH sits in a unique position as a monetary asset that can also generate yield. The chapter also delves into the shift in Ethereum's narrative from an execution layer to a settlement layer.

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