Content request: ETH issuance - how many ETH are there?

[konopkja]

Is your feature request related to a problem? Please describe.

This is a content request for anyone to write a beginner friendly article about ETH supply.

Whoever wants to write the article, please first comment on this issue and we will assign it to you.

Use this style guide and best practices to format the article appropriately for our audience: https://ethereum.org/en/contributing/style-guide/

Describe the solution you'd like

A beginner friendly article explaining ETH supply.

• How many ETH are there?
• How does the supply work?
• How is it different from real world currencies?
• What are the implications and benefits?

Describe alternatives you've considered

Alternatively, in smaller size could live on https://ethereum.org/en/eth/

Additional context

No response

Would you like to work on this issue?

• Yes
• No

[panditdhamdhere]

Hey @konopkja can you assign this to me? I'd like to work on this.
Thank you.

[panditdhamdhere]

@konopkja Hi can I know where on which page I have to create PR.

[konopkja]

This would be a brand new page. - A subpage of https://ethereum.org/en/eth/ likely

[panditdhamdhere]

Yeah! But where I've to submit the content. Apologise!

Thank you

[konopkja]

not sure i follow, can you be more specific?

[pettinarip]

Yeah! But where I've to submit the content. Apologise!

Thank you

Hey @panditdhamdhere, thanks for helping on this!

So, for this new page we would want it to live under https://ethereum.org/en/eth/supply

To do that, you will need to:

1. Create a new md file under https://github.com/ethereum/ethereum-org-website/blob/dev/public/content/eth/supply/index.md (you will need to create the folders as well)
2. Add the new path "/eth/supply" to the temporalAllowedPages array under https://github.com/ethereum/ethereum-org-website/blob/dev/src/lib/utils/md.ts#L30

Then, inside the new md file, you will need to add a bit of frontmatter and then the content:

---
title: ETH supply
description: ...
lang: en
---

Content...

Thats all. LMK if you get stuck or need help!

[panditdhamdhere]

Wow! Thank you very much @pettinarip and @konopkja means alot! working on this

[github-actions]

This issue is stale because it has been open 30 days with no activity.

[konopkja]

Hello, upon internal review with the core team we decided to close linked PR as we need a more thorough page on issuance. We will likely reuse some of the content here and combine it with https://ethereum.org/en/roadmap/merge/issuance/#how-the-merge-impacts-eth-supply content that is more specific.

[Hedwika]

Hi I would like to cover this topic, first draft I may write until the end of November. Thank you!

Suggested structure:

1. Introduction

• why the supply of ETH is an important metric
• importance of understanding issuance
• how is it different from real world currencies

2. What is ETH Issuance?

• define ETH issuance and how it differs from total supply
• explanation of how issuance affects Ethereum’s inflation or deflationary properties

3. Historical Background of ETH Issuance

• early issuance model (Proof of Work)
• how the merge impacted issuance rates and reduced the amount of new ETH created.

4. ETH Supply and Issuance Today

• explanation of current ETH issuance rate under PoS
• explore available tools like Unltrasound Money for tracking issuance and burn rates.

5. Factors Influencing Future ETH Supply and Issuance

• how changes in staking participation and network activity may impact issuance.

6. Conclusion
   Recap of key points: current supply, effects of PoS and EIP-1559, and future of ETH issuance.

[konopkja]

Hi @Hedwika thank you for picking this up!

This article should be very low effort read for beginners with minimal technical language and web3 jargon. (= how would you explain eth issuance to your non crypto friends who dont even have wallet and only use exchanges?)

The structure makes mostly sense, just keep in mind that the article limit should be up to 1000 words which will force you to prioritize certain topics over others maybe.

Few concerns:

• i dont think its necessary to speak about the history, should be only about the present and future
• the summary answer to "how many ETH tokens are there?" should be right at the top of the article so that visitors get their answer immediately and only who are interested in more details will delve deeper into the topic.
• so maybe the ETH Supply and Issuance Today should be first
• a lot of users come to as with request explaining ultrasound money so thats a good idea
• limit to max 5 links (internal and external) in the article

Tips on what language use in the article here: https://ethereum.org/en/contributing/style-guide/

[Hedwika]

I just created a PR based on the guidelines of @pettinarip from August 16: I needed to create a folder "eth", because it has not existed yet, inside it a "supply" folder and there an index.md

However, I haven't added the path yet, not sure where to put it to have it right. May you please help me with this?

Hope it was added well as I do it for the first time:
#14409

Looking forward to your ideas how to improve the article @konopkja thank you 🙏

[konopkja]

i think the path should be like /eth/supply