ethereum-burn-stats VS defisaver-v3-contracts

EIP-1559 was a surprise to me in a good way. We had spent so much time imagining what it would look like, probably expecting it to be a bit rough around the edges at first. The adoption numbers at the beginning were not high (still lots of type 0/1 transactions) but the basefee was working like a charm. Props to watchtheburn.com and perema's fee feed, which I used to track the early deployment!

Transaction fees are burned, but the transactions fees are so low that the burnt amount is unnoticeable. Burns are in the tens of millions of dollars while issuance is 100x greater in the billions of dollars. Compare this to Ethereum's burn, which currently reduces issuance by nearly 60%.

Ethereum PoS is one of the ONLY networks that's expected to be deflationary due to its extremely-high fees. Ethereum PoW's amount of inflation is now offset 35% in Jun 2022 by the amount burned per transaction from EIP-1559. After the merge, the issuance is expected to drop 80%, making Ethereum PoS the first popular blockchain that will have supply deflation and become a positive-sum investment.

Much love and respect to the individuals/teams that coded and hosted watchtheburn.com 🔥 for the last year. They kept the site up a few days longer than they initially planned for, but have now officially shut down.

WatchTheBurn shows a total of 3,099,476 ETH since eip1559

https://watchtheburn.com/ is closing down?

look at the tips column of this website https://watchtheburn.com/ to see what miners are earning now.

That's at https://app.defisaver.com/, but I can also share quick screenshots of our "create" screen where you can open instantly leveraged positions as well as a shot of the Aave dashboard once you do open a position.

They do for some functions. I'd go check it out for yourself though! they have a simulation feature that lets you play with 100 eth (swap for reth ---> add to a simulated maker CDP ---> Leverage for more reth) https://app.defisaver.com/

For anyone interested we'll have all for rETH Maker Vaults supported right away at app.defisaver.com and please feel free to ask away anything about rETH in Maker! (I'm a team member at defi saver, one of the oldest Maker integrators/frontends)

Head over to https://app.defisaver.com/ and just click the START SIMULATION button as Phi suggested below.

I borrow against ETH with a Maker CDP using https://app.defisaver.com/

Enter your account address for tracking at https://app.defisaver.com/

I really like DeFi Saver for opening a cdp. On the bottom left of the homepage switch on simulation mode for a trial run. Frickin cool! :)

DeFi is a promising field with many financial service providers and customer opportunities. As the area is fragmented, it's challenging to track DeFi services. All projects can be found defiprime.com or defirate.com. Some services like app.defisaver.com provide data for the analysis of decentralized finance. The selection of top DeFi tools is essential to ensure that you can access the actual value benefits of DeFi seamlessly.

batten down the hatches with https://app.defisaver.com/ m'lads.

Highly recommend DeFi saver https://app.defisaver.com/. Switch it to simulation mode, have fun learning without putting funds at risk :)