Ethereum: What could be the impact of Merge on ETH trading
EthereumEthereum: Ano ang maaaring maging epekto ng Merge sa ETH trading08 / 22 / 2022Balita ng Ethereum ng Bitcoin Ethereum has occupied the center stage of the crypto market since Pagsamahin talks came to the fore. After years of speculation, users will finally get a chance to witness Ethereums transition to Proof-of-Stake (PoS) consensus mechanism. And, the benefits that come along with it. Interestingly, the Merge is expected to have a profound effect on ETHs demand and supply dynamics. Bagong bukang Liway-way Ayon sa Sa Loob researcher Lucas Outumuro, selling pressure will be removed as $25m worth of ETH would be rewarded to miners for securing Ethereum. It is also important to note that token rewards for staked ETH will be 87% lower than those given to miners. Moreover, staking rewards as well as staked ETH continues to be locked following the Merge until the Shanghai Fork. Outumuot further stated that “temporarily this should remove all of the issuance selling pressure, which makes up about 0.5% of ETHs on-chain volume at the moment.” The projected yield for ETH staking has also decreased with Ethereum fees. It is expected that staking will start at 6-7% post-Merge which is still a 50% increase from the current APR. This is also reflected in