I’m trying to better understand the rewards and minting processes for ETH POS so I can potentially apply the logic to a protocol I’m building.
My question is what events lead to minting new ETH? My assumption is that the rewards given to stakers every 6.5 minutes is the minting event. So every 6.5 minutes, new ETH is minted and deposited into the validator’s wallet? Is that true?
If so, how does the fee I pay as a user making a transaction play into that? I’ve read that there is a base fee and a “tip” that gets added which goes to the validator. How does the fee I pay relate to the rewards given every 6.5 minutes?