EIP1559 and The New Crypto Regulation Impasse

It’s a Monday, ETH made its way into the 3 thousands. Feels good to be back. EIP 1559’s been active for 5 days now and so far we’ve burnt 16,602.65 ETH which is the equivalent of 48.749.531,06 United States Dollar. And by the time i’ve said that we’ve already burnt a few more ether but the point is ETH now has a decreasing supply, aka it’s ultrasound money. But technically not yet since 2 ETH is still being rewarded to miners on each new block. So we’re essentially decreasing inflation by some percent until further notice.

Our sponsor
https://fetch.ai/

Links
https://ultrasound.money/
https://www.washingtonpost.com/business/2021/08/07/cryptocurrency-infrastructure-bill-lobby-bitcoin/
https://twitter.com/fightfortheftr/status/1422989736382275585
https://twitter.com/brian_armstrong/status/1423744994444206092
https://twitter.com/jchervinsky/status/1424554402950651908

Follow The Defiant
https://newsletter.thedefiant.io/
https://twitter.com/defiantnews
https://thedefiant.io/
https://t.me/DefiantNews
https://t.me/DefiantChat

#TheDefiant​ #DeFi​ #Decentralized​ #Finance​ #Blockchain

(Visited 5 times, 1 visits today)

You might be interested in

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *

kusama
Kusama (KSM) 284,78 4,26%
compound-governance-token
Compound (COMP) 304,74 11,03%
dash
Dash (DASH) 140,98 3,51%
zcash
Zcash (ZEC) 95,63 2,29%
yearn-finance
yearn.finance (YFI) 26.492,09 6,01%
bitcoin
Bitcoin (BTC) 37.703,60 4,64%
ethereum
Ethereum (ETH) 2.689,41 10,09%
tether
Tether (USDT) 0,853235 0,21%
cardano
Cardano (ADA) 1,92 0,11%
xrp
XRP (XRP) 0,828972 5,24%
dogecoin
Dogecoin (DOGE) 0,177493 1,22%
polkadot
Polkadot (DOT) 25,43 3,33%
usd-coin
USD Coin (USDC) 0,853235 0,11%
uniswap
Uniswap (UNI) 21,66 34,38%
bitcoin-cash
Bitcoin Cash (BCH) 436,61 0,59%
chainlink
Chainlink (LINK) 21,33 3,92%
matic-network
Polygon (MATIC) 0,981220 5,62%
solana
Solana (SOL) 119,48 7,21%
litecoin
Litecoin (LTC) 131,06 3,69%
stellar
Stellar (XLM) 0,239852 2,75%
ethereum-classic
Ethereum Classic (ETC) 40,95 3,69%
eos
EOS (EOS) 3,46 3,38%
tron
TRON (TRX) 0,076729 1,55%
filecoin
Filecoin (FIL) 49,60 2,81%
aave
Aave (AAVE) 258,28 13,87%
monero
Monero (XMR) 207,80 3,67%
dai
Dai (DAI) 0,853235 0,25%
tezos
Tezos (XTZ) 5,54 5,91%
cosmos
Cosmos (ATOM) 33,80 4,70%
algorand
Algorand (ALGO) 1,56 9,38%