Summary: The rate at which Ethereum’s network churns out new Ether tokens on a daily basis has dropped by a staggering 97% following the proof-of-stake upgrade in September. Per Delphi Digital’s analysis, net daily emissions have dropped from over 12,000 tokens before the Merge to under 4,000 ETH post-merge. The pattern marks a milestone in Ether’s chain as the network achieved deflationary status for the first time since its PoS upgrade, a Coinbase report explained. More coins were burned validating […]
