The Evolution of Ethereum’s Monetary Policy

Posted on by American Coins & Gold

The Evolution of Ethereum’s Monetary Policy
This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on crypto markets. Subscribe to Valid Points here.Ethereum’s native asset was once discredited by bitcoiners and investors alike for its lack of hard monetary policy and ever-inflationary “tokenomics.” However, the combination of decentralized finance (DeFi), Ethereum Improvement Proposal (EIP) 1559 and the coming transition to proof-of-stake has worked to create what ether holders call “Ultra Sound Money.”Ethresear.ch recently introduced multiple new models to predict the circulating supply of ether after the Merge takes place. To understand their findings and the variables involved…