Ether's Frozen Future
The discussion highlights the significant amount of ether currently locked in staking contracts, potentially reaching up to 50 million, which could represent 40% of the total supply. As ether becomes increasingly "cold" due to high APY from fees, the dynamics of liquidity shift dramatically, with EIP 1559 actively burning excess supply. This creates a fascinating model of ultrasound money, where the flow of new ether is minimal compared to what is being locked away.In this clip
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SotN #44: Modeling Ultra Sound Money | Justin Drake
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