$ETH , on October 1 Beijing time, the authors of the staking rewards burn proposal EIP-8363 posted on the governance forum, saying they will first withdraw from the inclusion discussion for the next hard fork Hegota.
ETH is an Ethereum mainnet token; staking it helps verify transactions for the network and earns rewards on the consensus layer.
They say this proposal originally planned to burn more rewards as more is staked, burning all consensus-layer rewards once the staked amount reaches around 60.25 million tokens; now it follows an independent process, and this hard fork will not include that clause in this round.
ETH is an Ethereum mainnet token; staking it helps verify transactions for the network and earns rewards on the consensus layer.
They say this proposal originally planned to burn more rewards as more is staked, burning all consensus-layer rewards once the staked amount reaches around 60.25 million tokens; now it follows an independent process, and this hard fork will not include that clause in this round.