Vitalik Buterin says ETH's store-of-value property deserves more attention than its fee-burn token framing, arguing EIP-1559 and its burn should stay even if burning runs below 10% of break-even. He says stability from decentralisation and CROPS is the practical advantage for holders.
Vitalik Buterin says ETH's store-of-value role matters more than fee burning
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The story so far: Vitalik Buterin on ETH fee burn and store of value
Vitalik Buterin said ETH's store-of-value role matters more than fee burning, arguing EIP-1559's burn should stay even if it runs below 10% of break-even. He now says survival is the top metric if ETH is held mainly as a store of value. DeFi researcher Ignas says the shift should not come at the cost of L1 fee revenue.
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Vitalik Buterin says ETH's store-of-value role matters more than fee burning
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