EIP-8361 proposal officially released, with its core idea directly targeting Ethereum’s inflation problem: when the network-wide staking rate approaches 50%, validator block rewards will be gradually burned away, and once it reaches 50%, the burn rate will be ramped up to 100%. In other words, the more people stake, the stronger the on-chain deflationary pressure becomes.
A few points worth关注:
1️⃣ This is a "reverse dynamic burning" mechanism—economic incentives are not simply distributed; instead, they are inversely adjusted according to the staking scale. In theory, it can prevent unlimited expansion of ETH circulating supply.
2️⃣ The proposal leaves room for market game theory: the exact staking threshold that ultimately triggers 100% burning will be determined by the ecosystem, but it will be strictly less than 50% to avoid overly weakening security.
3️⃣ For validators, this means their yield rate will be compressed as the staking rate rises. Institutions and large holders will need to reassess the long-term staking return model.
4️⃣ For ordinary token holders, if the burn pressure truly can outpace new issuance, $ETH could shift from being a structurally inflationary asset to a deflationary narrative—this would be a fundamental reshaping of valuation logic.
At present, this is only at the EIP stage, still far from the level of consensus achieved by something like EIP-1559, but the direction is bold enough to be worth continuously tracking the subsequent discussions. #EIP8361#Ethereum#Deflation
A few points worth关注:
1️⃣ This is a "reverse dynamic burning" mechanism—economic incentives are not simply distributed; instead, they are inversely adjusted according to the staking scale. In theory, it can prevent unlimited expansion of ETH circulating supply.
2️⃣ The proposal leaves room for market game theory: the exact staking threshold that ultimately triggers 100% burning will be determined by the ecosystem, but it will be strictly less than 50% to avoid overly weakening security.
3️⃣ For validators, this means their yield rate will be compressed as the staking rate rises. Institutions and large holders will need to reassess the long-term staking return model.
4️⃣ For ordinary token holders, if the burn pressure truly can outpace new issuance, $ETH could shift from being a structurally inflationary asset to a deflationary narrative—this would be a fundamental reshaping of valuation logic.
At present, this is only at the EIP stage, still far from the level of consensus achieved by something like EIP-1559, but the direction is bold enough to be worth continuously tracking the subsequent discussions. #EIP8361#Ethereum#Deflation