@aviationdoctor.eth
1/3
Been OOTL on EIP-8363 until reading the weekly email digest from eth-magicians, and blindsided by it trending on CT. Been catching up on it, and I can see why it’s divisive.
Intuitively, it feels like highly experimental brain surgery on Ethereum’s monetary policy at just the time that big capital is warming up to using the chain at scale.
As a solo staker since around the Merge, I’d like to think that I’ll keep staking even at epsilonesque rewards, because I believe in the project and want to contribute, even modestly, to the CROP guarantee. To be fair, today’s effective base rate of 2.6% is hardly an incentive to begin with. It was much higher when I started out (<500K validator index).
But I also realize that wishful thinking isn’t a sound monetary strategy, and that solo stakers switching off their nodes due to an even more unfavorable risk/reward (and by risk I also mean the cost of hardware, or maintenance time, etc.) is antithetical to the thriving solo staking community I long for.