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Glassnode Glassnode @glassnode · 44.1K subscribers
Post #876 14.8K
The Week On-Chain 16, 2024
The Ethereum community is debating a change to the ETH monetary policy, following a proposals aimed at constraining the rapid expansion of the staking pool. This is motivated by a surge in demand for Liquid Staking and Restaking protocols.

Executive Summary
- The Ethereum community is currently engaged in a heated debate regarding the ETH monetary policy following proposals to reduce the ETH issuance rate.
- New innovations such as Liquid Staking, Restaking, and Liquid Restaking have introduced additional yield opportunities, significantly boosting staking demand.
- Concerns are that the increasing prevalence of staking derivatives may dilute Ethereum's function as money, and shift the governance power of the network.

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