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Sharplink Warns EIP-8363 Threatens Ethereum Staking Yields

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Sharplink, a digital asset firm, has expressed opposition to Ethereum Improvement Proposal (EIP) 8363. According to Sharplink, EIP-8363 poses risks to DeFi, staking returns, and network security. The proposal would burn all issuance rewards once about 60.25 million ETH enters staking.

Kulechov, a representative of the firm, warned that zero rewards could make Ethereum staking uneconomical and less secure.

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