SharpLink's Joseph Chalom opposes EIP-8363, a draft Ethereum proposal to burn validator rewards as staking rises, warning it would remove DeFi's base rate.

SharpLink's Joseph Chalom opposes EIP-8363, a draft Ethereum proposal to burn validator rewards as staking rises, warning it would remove DeFi's base rate.

The "Tapered Issuance Burn" proposal would phase in a rising burn of consensus rewards to limit the amount of ETH staked.