📢 Bits + Bips has its own channel now — full episodes here: https://www.youtube.com/@Bitsandbips
A new Ethereum proposal would burn staking issuance to zero once roughly half the supply is staked, and the community had about 48 hours to respond.
Austin Campbell, Chris Perkins, and Seth Ginns of Franklin Crypto discuss whether it is a necessary check on runaway staking or an academic overreach that ignores how institutions actually think about the network.
Hosts:
Austin Campbell - Host of Bits + Bips, Founder of Zero Knowledge Group, and Adjunct Professor at NYU Stern
Chris Perkins - Co-host of Bits + Bips and Head of Franklin Crypto
Guest:
Seth Ginns - Chief Investment Officer of Franklin Crypto
This clip is from a longer conversation on Ethereum's staking yield fight. Full episode here: https://youtu.be/MhhJAIhkgVM?si=hqg5R4b3rVBNdNlJ
We go live every Monday - subscribe to catch it live.
Sponsor:
Visit 1inch.com to swap tokenized securities, crypto and more. Simple. Secure. Self-custodial. Whatever asset you’re buying - swap it at 1inch.com.
Chapters:
🔥 00:20 Austin on the proposal to burn ETH issuance to zero, and who wrote it
⏱️ 02:02 Why a 48-hour comment window has critics saying the process is broken
🎓 03:33 Seth calls the proposal an academic push that skipped real coordination
🍳 04:48 Chris predicts the plan fails because the EF does not control Ethereum
💴 07:13 Chris's yen carry trade warning about messing with ETH's risk-free rate
⚖️ 09:10 Austin's verdict: 48 hours is too short no matter how the vote goes
🗣️ 13:57 Dapplion's pushback from inside the camp: 'you can't bribe me like this'
💰 15:23 Seth defends the $10 billion in institutional ETH flows
Learn more about your ad choices. Visit megaphone.fm/adchoices
