← All stories
DeFi Ethereum 2 sources

If Ethereum’s proposed 54% reward cut passes, DeFi’s favorite loop threatens to become a daily loss machine

Covered by 2 sources · 2 articles

2 outlets - including Bitcoinsistemi and Cryptoslate - are covering this story. A new proposal sparking debate within the Ethereum community foresees a significant reduction in staking rewards. Under Ethereum Improvement Proposal 8361 (EIP-8361), the plan is to reduce validator yields from 2.6% to 1.2%. This represents…

Covered by

All coverage

Ethereum’s Proposed 54% Reward Cut Threatens DeFi
Bitcoin Sistemi Aug 5, 16:01 UTC

Ethereum’s Proposed 54% Reward Cut Threatens DeFi

A new proposal sparking debate within the Ethereum community foresees a significant reduction in staking rewards. Under Ethereum Improvement Proposal 8361 (EIP-8361), the plan is to reduce validator yields from 2.6% to 1.2%. This represents…

If Ethereum’s proposed 54% reward cut passes, DeFi’s favorite loop threatens to become a daily loss machine
CryptoSlate Aug 5, 10:55 UTC

If Ethereum’s proposed 54% reward cut passes, DeFi’s favorite loop threatens to become a daily loss machine

A newly proposed Ethereum staking reward cut, outlined in Ethereum Improvement Proposal 8361 (EIP-8361), would lower validators' yield from 2.6% to about 1.2%, a 54% reduction phased in over 18 months. The mechanism is a burn: validators lo…