EIP-1559

EIP-1559

Definition:

This Ethereum Improvement Proposal was to burn a small amount of ETH every time a transaction is made. With enough transactions, this could make ETH deflationary and more attractive as a store of value.

Degen Chat

“I don’t think EIP 1559 is priced into the value of ETH. It will be worth so much more once it becomes deflationary.”

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