Ethereum staking climbs to 34% of ETH supply; researchers propose EIP-8361 to reduce validator rewards as staking ratio rises
The proposal, dubbed "tapered issuance burn," aims to destroy a growing share of validator rewards to address concerns about the sustainability of native yield. At the current staking ratio of approximately one-third, the EIP's modeling suggests annual consensus yield could fall from about 2.6% to 1.2% over 18 months. This change would particularly impact ETH treasury companies like Bitmine (BMNR) and Sharplink (SBET), potentially cutting their revenue by half at current staking levels and further worsening as the ratio approaches 50%.
Source:The Block · Source Link
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