@静静Amily

$ETH $BTC ❤️Comments and retweets❤️Come to receive Bitcoin BTC red envelope.
Core uses

• Gas fee: Payment for the “fuel fee” for Ethereum network transfers and smart contract execution

• Staking (PoS): Stake ETH to become a validator, participate in network consensus, earn rewards, and ensure network security

• Value storage/trading: Can be bought and sold on exchanges, transferred, serving as the foundational asset for DeFi/NFT ecosystems

• Ecological payment: Used for DApps, NFTs, on-chain games, DAO governance, etc.

⚙️ Key mechanisms

• Smart contract: Core of Ethereum, automatically executes code, supports DeFi/NFT, etc.

• EVM: Ethereum Virtual Machine, sandbox environment for running smart contracts

• PoS consensus: Transitioned from PoW to PoS after the merge in 2022, reducing energy consumption by about 99%

• Deflationary property: EIP-1559 destroys the base Gas fee, potentially deflationary in the long term

{future}(BTCUSDT)