With the talked about merge to POS, what does this impact besides getting rid of POW miners?
Will emissions be the same % as POW?
How does the merge affect supply of coins?
Ethereum Stack Exchange is a question and answer site for users of Ethereum, the decentralized application platform and smart contract enabled blockchain. It only takes a minute to sign up.
Sign up to join this communityThe merge (replacing PoW with PoS) reduces issuance of ETH by ~90%.
From https://ethereum.org/en/upgrades/merge/issuance August 22 2022:
- Mining rewards ~13,000 ETH/day pre-merge
- Staking rewards ~1,600 ETH/day pre-merge
- After The Merge, only the ~1,600 ETH per day will remain, dropping total new ETH issuance by ~90%
- The burn: At an average gas price of at least 16 gwei, at least 1,600 ETH is burned every day, which effectively brings net ETH inflation to zero or less post-merge.