Bankless The Ether Machine: How ETH Becomes the Internet’s Reserve Currency | Andrew Keys & David Merin
35 snips
Jul 28, 2025 AI Snips
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Ether as Working Capital
- Ether is not just a treasury asset but working capital that fuels the Ethereum ecosystem.
- The Ether Machine actively manages ETH through staking, restaking, and DeFi to produce more Ether.
Measure DeFi Engagement Carefully
- Use DeFi only with battle-tested, blue-chip protocols that have long track records and security proofs.
- Employ a measured approach with a dedicated DeFi team to safely maximize yield on Ether holdings.
Ether as Digital Commodity
- Ether is a digital commodity fueling every computational step of the future internet.
- It generates yield intrinsically via staking and has a dynamic supply due to burning mechanisms like EIP-1559.