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

  • Default imagelzw
  • August 25, 2021
  • Uncategorized

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

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