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Ethereum Researchers Push Plan to Burn Staking Rewards Down to Zero at 60 Million ETH

A group of Ethereum researchers has proposed a plan to gradually burn all staking rewards as more ETH is staked, aiming for net issuance to reach zero when half of the total supply is staked. This proposal, intended to increase scarcity and bolster ETH's valuation, has sparked debate within the cryptocurrency community regarding its economic implications for DeFi and individual stakers. The plan faces a tight deadline for inclusion in Ethereum's upcoming Hegotá network upgrade.

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