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Ethereum’s Annualized Deflation Rate Briefly Surpasses 5%

Last Saturday, the annualized burn rate as a result of Ethereum Improvement Proposal 1559 jumped to its highest since last May at 5.679%, outstripping the Ether issuance rate of 0.578% by a whopping 5.101%. The deflation rate has since dropped to around 1.75% as of Wednesday the 15th of March.

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