ยซ๐ฅ EIP-1559 = burning $ETH ยป
๐ธ Fees no longer go to miners.
๐ฅ With EIP-1559, part of the fees is automatically burned!
๐ This makes $ETH a deflationary asset during periods of high network congestion.
๐ $ETH Less supply + more transactions = upward price pressure.
#ETH #EIP1559 #CryptoEconomics
๐ Feel free to click โTradeโ and watch the dynamics.
๐ธ Fees no longer go to miners.
๐ฅ With EIP-1559, part of the fees is automatically burned!
๐ This makes $ETH a deflationary asset during periods of high network congestion.
๐ $ETH Less supply + more transactions = upward price pressure.
#ETH #EIP1559 #CryptoEconomics
๐ Feel free to click โTradeโ and watch the dynamics.
