Post by ⟠ on X
1/ ETH the cash machine
Ethereum's fees are worth ETH at $2850
The price of ETH is below the value of the cash it produces because ethereum's fees go entirely to miners, who are on track to be paid 8% of all ETH this year
EIP-1559 and proof of stake fix this. Here's how👇
646 likes22 repliesPosted Mar 1, 2021