The 2028 halving: what actually changes, and what only feels like it does
Every four years the block subsidy halves and the discourse resets. Here is the part that is arithmetic, and the part that is storytelling.
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Every four years the block subsidy halves and the discourse resets. Here is the part that is arithmetic, and the part that is storytelling.
Issuance, priority fees and MEV are three different businesses wearing one number. Splitting them apart explains why the headline APR keeps drifting.