Skip to main content

How Does the Issuance Schedule of Ethereum’s Native Asset, Post-Merge, Differ from a Halving Mechanism?

Post-Merge, Ethereum transitioned to a Proof-of-Stake (PoS) mechanism, and its native asset, Ether (ETH), has a dynamic issuance schedule that is not based on a fixed Halving. Issuance is determined by the number of ETH staked, and it is often deflationary due to the EIP-1559 fee burning mechanism.

This contrasts with a Halving, which is a predictable, fixed percentage reduction in the block reward.

What Is the ‘Triple Halving’ Narrative?
What Is the Purpose of Burning the Base Fee under EIP-1559?
What Is the Purpose of ‘Burning’ a Portion of the Gas Fee (EIP-1559)?
What Is the Relationship between Transaction Volume and the Deflationary Effect?