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Authors Withdraw Ethereum Staking Reward Burn Plan From Hegota Upgrade, Seek Separate Process

The co-authors of EIP-8363 say Ethereum's issuance policy needs a dedicated process outside fork planning, and Lido has offered to help lead it.

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Key points

  • Jérôme de Tychey withdrew EIP-8363 from Ethereum's Hegota upgrade, saying a fork scoping exercise was not the right venue to settle an issuance policy change.
  • The "Tapered Issuance Burn" proposal would have burned a rising share of validator rewards, reaching 100% at 60.25 million ETH staked, phased in over 18 months.
  • De Tychey said authors still back the motivation and outlined a separate process running from a Devcon issuance forum in November to EthCC in April.

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