staking rewards

The Ethereum community is currently in debate, are we going to change the monetary policy of ETH? Why should we? Who gets to decide? What should it be?

Today's episode of Bankless Takes is a masterclass on monetary policy for Ethereum and beyond.
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TIMESTAMPS
00:00:00 Intro

00:03:23 Defining Monetary Policy

00:07:35 Total Monetary Base

00:12:46 M1 Chart
https://fred.stlouisfed.org/series/M1NS 

00:15:54 M2 Chart
https://fred.stlouisfed.org/series/M2NS 

00:20:05 Inflation + Purchasing Power
https://fred.stlouisfed.org/series/CPIAUCNS 

00:22:50 Bitcoin Issuance Policy
https://river.com/learn/who-creates-new-bitcoin/ 

00:30:22 Ethereum's Monetary Policy
https://studio.glassnode.com/metrics?a=ETH&c=native&m=supply.Current&resolution=24h 
https://notes.ethereum.org/@mikeneuder/iiii 
https://ultrasound.money/ 

00:35:27 ETH Social Contract

00:37:23 Bitcoin Monetary Policy

00:43:09 History Of ETH Issuance
https://github.com/ethereum/consensus-specs/pull/971 

00:50:58 Proposal Breakdown
https://ethresear.ch/t/endgame-staking-economics-a-case-for-targeting/18751 

01:01:57 ETH Supply Curve
https://imgur.com/pVrZ9Ii 

01:13:37 David's Opinion on Moving Forward

01:19:08 Ryan's Opinion

01:25:06 Policy Option 2

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Phase 0 is HERE - ETH STAKING December 1st!

What Happens on December 1st?
Can we just send ETH to depositcontract.eth?
What else do we have to do?

How much ETH is required in the deposit contract?

What are the risks? How do I avoid getting slashed?

We bring Preston Van Loon from the Prysmatic Labs team to inform us of WHAT JUST HAPPENED!

LINKS: Launchpad for Staking ETH and running an ETH 2 validator: https://launchpad.ethereum.org/

MAKE SURE YOU KNOW WHAT YOUR DOING. START BY WATCHING THE VIDEO on YouTube: https://www.youtube.com/watch?v=SkUiw1y3BHU&feature=youtu.be

Ethereum.org Official Blog: https://blog.ethereum.org/2020/11/04/eth2-quick-update-no-19/

Deposit contract Etherscan address: https://etherscan.io/address/0x00000000219ab540356cBB839Cbe05303d7705Fa

Follow Preston on Twitter: https://twitter.com/preston_vanloon

Prysmatic Labs website: https://prysmaticlabs.com/

RocketPool Meet the Nation: https://www.youtube.com/watch?v=cqf6aJCFZn8&t=599s

RocketPool Tactic: https://bankless.substack.com/p/how-to-mint-reth-on-rocket-pool

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Follow Ryan on Twitter https://twitter.com/ryansadams

Follow David on Twitter https://twitter.com/TrustlessState

Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.