DeFi researcher Ignas responded to Vitalik Buterin's call for Ethereum to prioritise its store-of-value role, arguing ETH may suit that better than BTC or ZEC but that the shift should not come at the cost of L1 fee revenue.
Ignas questions Vitalik's ETH store-of-value push over lost L1 fee revenue
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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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Ignas questions Vitalik's ETH store-of-value push over lost L1 fee revenue
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