Yield Seeker is built on Ethereum.
@yieldseekerxyz is a mini-app on @base that uses AI agents to hunt the best DeFi yields for idle USDC.
The team was recently selected as an @ETHGlobal Spotlight project.
Amazing how some clever wording can make $26B in inflation sound “minor.”
22% inflation in 5 years
Circulating supply that started at just 16M
Oh, and they lied about that too
But sure… “less than 4% compounded.” 😂
@laine_sa_ Ethereum became deflationary after EIP-1559 (2021), which burns base transaction fees, & The Merge (2022), which reduced issuance by ~90% via PoS.
High network usage often burns more ETH than issued, shrinking supply (e.g., -332,000 ETH since The Merge) -0.161% yearly as of now.
@laine_sa_ The circulating supply in 2020 was 16 million SOL
That’s an average annual inflation of less than 110% compounded
But don’t let facts ruin a good story