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Here’s why Ethereum’s annual inflation rate has dropped by 50%

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According To Colin Wu

Ethereum becomes most deflationary in history as

According to Colin Wu, a Chinese crypto journalist, the annual inflation rate of Ethereum has plummeted by 50.77 percent. Furthermore, the current amount of ETH burned in the network had surged beyond 2.6 million.

Ethereum, as the world’s leading smart contract platform, introduced the burn mechanism through EIP-1559 in an attempt to achieve deflationary goals. However, as of

According To Buterin

According to Buterin, who spoke on the matter in a recent interview, the inflation rate of Ether could fall by upwards 50% as the upgrade rolls out. For the longest time

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