in a post I commented that #BTC and #ALPINE were deflationary assets and I asked people if they knew if there was any other deflationary asset, well here is the answer, and the answer is (sometimes it is and sometimes it is not) so we cannot say that this asset is 100ร100 deflationary due to the following situations let's see ๐ค
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one of the reasons why Ethereum sometimes becomes deflationary is because, after the EIP-1559 update and the transition to Proof of Stake (The Merge), a portion of the transaction fees (gas) is burned (permanently removed from circulation). When the amount of #ETH burned is greater than the #ETH issued as a reward to the validators, the total supply decreases, becoming deflationary.
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one of the reasons why Ethereum sometimes becomes deflationary is because, after the EIP-1559 update and the transition to Proof of Stake (The Merge), a portion of the transaction fees (gas) is burned (permanently removed from circulation). When the amount of #ETH burned is greater than the #ETH issued as a reward to the validators, the total supply decreases, becoming deflationary.