imo two things are true:
- changing the issuance curve makes ETH less credible
- the protocol overpays for security with ugly long-term effects
Whether the community embraces or rejects this, debating it every six months means that we have only the drawbacks of both issues.
๐จ New EIP: Tapered Issuance Burn
We just submitted an EIP to ethereum/EIPs: a minimal, market-driven fix to Ethereum's issuance policy removing the incentive for stake growth beyond 50% of ETH supply.
EIP-8361 by @pintail_xyz, @jdetychey, @dapplion, @pa7x1, @ladislaus0x & @drakefjustin ๐งต