How does EIP-2981 impact the value and liquidity of digital currencies?

3 answers

• Nov 27, 2021 · 3 years ago
  EIP-2981, also known as the Ethereum Improvement Proposal 2981, introduces a new fee structure for Ethereum transactions. This change affects the value and liquidity of digital currencies built on the Ethereum network. With EIP-2981, the transaction fees for certain types of transactions, such as token transfers, will be significantly reduced. This reduction in fees can lead to increased liquidity as more users are incentivized to transact with digital currencies on the Ethereum network. Additionally, the lower transaction fees can make digital currencies more attractive for everyday use, further driving their value and adoption.
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• Nov 27, 2021 · 3 years ago
  EIP-2981 is a game-changer for digital currencies on the Ethereum network. By reducing transaction fees, it opens up new opportunities for value creation and liquidity. Lower fees mean that users can transact with digital currencies more frequently and at a lower cost. This increased liquidity can attract more investors and traders, leading to higher demand and potentially driving up the value of digital currencies. Furthermore, the reduced fees make it more feasible for businesses and individuals to use digital currencies for everyday transactions, which can further enhance their value and utility.
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• Nov 27, 2021 · 3 years ago
  As an expert in the digital currency industry, I can confidently say that EIP-2981 has a significant impact on the value and liquidity of digital currencies. With lower transaction fees, digital currencies become more accessible and affordable for users, which can lead to increased trading volume and liquidity. This increased liquidity can contribute to a more vibrant and active market for digital currencies, potentially driving up their value. It's important for digital currency enthusiasts and investors to closely monitor the implementation and effects of EIP-2981, as it can have both short-term and long-term implications for the value and liquidity of digital currencies.
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