Where is Ethereum Headed? | Mike Ippolito & Mike Neuder
Bankless
Exploring Value Accrual Mechanisms in Ethereum and Layer 1 Protocols
This chapter explores the intricate mechanisms of value accrual for Ethereum and Layer 1 protocols, contrasting monetary premiums with cash flows. It highlights Ethereum's dual role as both a consumable and capital asset in the decentralized finance landscape, while addressing misconceptions about its deflationary qualities.
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