Great point from Rhett here. Trying to save $1 billion in “excess printing” misses the forest for the trees. ETH’s issuance is basically lower than gold’s supply inflation and below most low-inflation commodities. We are talking about a rate that the market has already shown it can absorb. For gold this is a non-issue because there’s enough global demand that it doesn’t matter all that much. That’s the problem we need to solve for ETH, and EIP-8363 inadvertently kills a primary demand driver, which is the ETH economy itself. The US dollar is another example; it dominates because of the productive economy underneath it. That’s why the US is so adamant about protecting its global demand drivers, for better or worse. The same applies to ETH. The value comes from the economy built on top of it, and that economy runs on the staking yield. Tens of billions in collateralized lending, liquid staking, and institutional products all reference the staking rate as their baseline. Risking the primary economic engine that gives ETH its utility is solving the wrong problem.