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Ethereum News

Report: Ethereum will officially enter the era of deflation if the average annual destruction of EIP-1559 is maintained at 2.1% after the merger of Ethereum

August 26, 2022
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The total annual issuance rate of Ethereum’s current mainnet and beacon chain is 4.39%, of which about 88.84% is issued on the mainnet, and the remaining 11.16% is issued on the beacon chain.

With the merger and upgrade of Ethereum, the issuance of the mainnet/execution layer will return to zero (90% of the issuance will disappear). In addition, due to the impact of EIP-1559, a total of 2.511 million ETHs have been destroyed on the chain (accounting for 2.1% of the total issuance). , If Ethereum still maintains an average annual destruction of 2.1% after the merger, then Ethereum will truly enter the era of deflation.

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