EIP-8363 could drive Ethereum staking yield toward zero and push SharpLink’s proposed $125M plan further into DeFi
Ethereum improvement proposal EIP-8363 would dynamically burn consensus rewards as total staking rises, potentially taking net staking yield to zero as staked ETH approaches 50% of supply. As of Aug. 8, about 41.18 million ETH was staked out of a total supply of 120.68 million ETH, or roughly 34.13%. SharpLink has disclosed plans to stake $100 million in ETH and pair it with $25 million in outside capital for DeFi liquidity protocols and other onchain strategies, according to a May SEC filing.