The EIP-8361 proposal to cap Ethereum staking rewards is facing near-unanimous opposition. According to ETHVA data, 99.7% of 83,000 ETH staked among validators voted « No » on the proposal. The proposal would cap staking rewards at zero if the staking ratio exceeds 50%, and is criticized by Aave and other actors who argue it would destroy ETH credit markets and push DeFi to other chains. Two of the proposal’s authors are from the Ethereum Foundation, which has drawn sharp criticism for its perceived lack of connection with developers. ETH remains below $2,000, with market sentiment turning slightly negative amid this intense debate.
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