@xh3b4sd.eth

In terms of higher staking participation, my hunch would be that staking ETFs will generate more demand than Pectra, simply because the ETFs cater to a new market audience, while Pectra is only relevant for those already staking. I think I am with you on the issuance debate. What I have said early on was that any changes to the supply curve have to take into account how much economic value we actually have to secure. Because only if you know how much your house is worth, only then can you calculate the insurance to cover it. So unless we are finding a way to issue rewards based on the objectively derived economic security required, I am against it. I am against all "Jerome Powell" style issuance changes, because this thing is far larger and far too important for applying just another guess.

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