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maurelian  pfp
maurelian
@maurelian.eth
This contract has 14000 ETH in it. You're welcome to burn it. https://optimistic.etherscan.io/address/0x4200000000000000000000000000000000000016#code
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binji πŸ”΄πŸŽ© pfp
binji πŸ”΄πŸŽ©
@binji.eth
eli5 ?
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maurelian  pfp
maurelian
@maurelian.eth
When you deposit ETH it’s minted. Therefore when you withdraw ETH it should be burned. For whatever reason (probably to save gas) we decided not to burn it immediately when a withdrawal is initiated, but to keep it in this contract and make it so that it can be burned permissionlessly.
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