Ethereum

ETH as the money/SoV of the onchain economy is the most important driver of value for ETH

Every other value driver is additive but no where near as important as ETH being money

Once you understand this, you stop seeing the matrix code and only see the woman in the red dress

Independent Ethereum educator, angel investor and advisor. 

Founder of /thedailygwei.

If you believe this then you will know that it is urgent to limit the proportion of ETH that is staked, requiring a reduction in issuance. Otherwise ETH will effectively be replaced by an LST in the long term.

Of course, but I believe the current proposals that have been put forward do not address this issue - in fact, they most likely make it worse and kill solo staking.

There is not going to be any way to address this problem which does not involve a significant reduction in staking yield. As a solo staker myself I'm not thrilled about it, but I care more about the long term visibility of Ethereum.