It is said that the more Etherum you trade, the more Etherum you burn. How is this possible or correlated?

Answer

The ethereum burn you means is on EIP-1559 , if you send ethereum through erc20 network, some portion of the fees will be burned. You can refer to Vitalik Buterin post here : https://notes.ethereum.org/@vbuterin/eip-1559-faq

get free trading bots now

Leave a Reply