Statistics show that the Ethereum network is deflationary these days, after the transition from proof-of-work (PoW) to proof-of-stake (PoS).
After the transition from proof-of-work to proof-of-stake , Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were still under PoW consensus, 1,823,678 ether would have been minted to date.from the analytics website ultrasound.money show that the Ethereum network is deflationary these days. More than 1.
023 million ether is removed from circulation annually, according to metrics following the London hard fork’s implementation of EIP-1559. Since the transition from proof-of-work to proof-of-stake known asData from the analytics website ultrasound.money shows Ethereum’s issuance rate is currently -0.057% per annum on Feb. 20, 2023.is currently being removed from circulation than is being issued. If Ethereum were still using PoW, the issuance rate would increase by about 3.49% annually.
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