Vitalik Buterin Estimates Ethereum Needs 700,000 ETH in Annual Subsidies
Key Highlights Ethereum co-founder Vitalik Buterin estimated the network needs roughly 700,000 ETH in annual protocol subsidies to preserve its fee-burn-backed valuation. The calculation models Ethereum after French cosmetics giant L’Oréal, applying its roughly 0.58% research and development spending ratio to Ethereum’s roughly $270 billion market capitalization. Implementing a corporate-level R&D budget under this framework ...