ME News reports that on August 4 (UTC+8), EIP-8361, aimed at reducing Ethereum’s inflation, was released. The proposal suggests deducting and burning a portion of validators’ block rewards in each epoch, with the burn rate increasing to 100% once staking reaches 50%. The proposal also recommends that the market ultimately determine the exact staking threshold at which block rewards are halted, but this threshold will be strictly below 50%. (Source: Foresight News)
EIP-8361 Proposed to Reduce Ethereum Inflation by Burning Block Rewards
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Summary
Ethereum news broke on August 4 (UTC+8) with the release of EIP-8361 to address inflation data. The proposal aims to reduce Ethereum inflation by burning a portion of validators' block rewards each epoch. It sets a 100% burn rate if staking reaches 50%. The final threshold for ending block rewards will be market-driven but capped below 50%.
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