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Aug 8, 2026

Ethereum Proposal EIP-8363 to Reduce Staking Rewards to Zero Draws Industry Backlash, Pulled from Upgrade

Ethereum developers proposed EIP-8363, a mechanism that would burn validator issuance and reduce net staking rewards to zero once 50-60% of ETH supply is staked. The proposal faced immediate opposition from industry figures including SharpLink CEO Joseph Chalom and was pulled from the Hegotá upgrade on August 6.

Aug 8, 2026·8 sources
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Jul 29, 2026

SharpLink Reports 420 ETH in Weekly Staking Rewards, Treasury Reaches 888,521 ETH

Nasdaq-listed SharpLink (SBET) announced it earned 420 ETH in staking rewards this week, bringing its total Ethereum treasury holdings to 888,521 ETH.

Jul 29, 2026·1 source
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Top claims

  • ▪Under the EIP-8363 model, the net consensus yield reaches zero at approximately 49.5% of the modeled ETH supply, which is commonly referred to in the industry as the 50% staking ratio.
  • ▪EIP-8363 proponents argue that lowering yields is necessary because the current curve overpays for network security and encourages stake concentration among large custodians and exchanges.
  • ▪Proponents of EIP-8363 calculate that without intervention, staked ETH could exceed 70 million ETH by January 2028, representing over 55% of the total supply.

Topics

Ethereum upgradesEthereum tokenomicsEthereumEthereum staking & validatorsEthereum governance
Crypto
Institutional crypto adoption

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