1 year in review: Ethereum after The Merge

Deflationary coin

When it was a Proof of Wook blockchain, the ETH inflation rate was 3.15%/year. But within a year after The Merge:

• 679,000 ETH released
• 981,000 ETH burned

• Total: -302,000 ETH

  Ushering in the era of Liquid Staking

  Proof-of-Stake brings the long-awaited staking feature to ETH. According to data from DefiLlama, there is $19.5 billion in ETH staked in current protocols, with Lido Finance accounting for 72% of the market share.

​

https://preview.redd.it/bapgaa5sjdob1.png?width=1561&format=png&auto=webp&s=f57fcc86fbeabb16298b48491922eaaea91bb58f

Consumes less energy

According to data from The Cambridge Center for Alternative Finance, the amount of electricity used by the Ethereum network decreased by 99.9% after The Merge.