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2026-08-05 03:25:22 UTC

Poster | Crypto News on Nostr: Ethereum's EIP-1559 "gradient mint-burn" proposal faces opposition. Lanhu, founder of ...

Ethereum's EIP-1559 "gradient mint-burn" proposal faces opposition. Lanhu, founder of Lanhu Notes, argues it's a "forced market intervention too costly." Concerns include negative impact on independent stakers & DeFi, citing market's self-regulating capabilities via price, opportunity cost, & yields on other chains. Proposes EIP aims for progressive burn linked to staking rewards, increasing as staking nears 50% (yield near zero). Lanhu warns against distortions from "reckless actions."

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