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A proposal will soon be introduced to increase the supply caps for ETH on Core, Stani Kulechov announced. According to Kulechov, the current supply caps for ETH have been reached, prompting this upcoming action.
He emphasized that there are no incentives or points involved, with a focus on maintaining protocol security.
Kulechov has previously commented on user protections in DeFi, reporting a $50 million AAVE order attempt that triggered a slippage warning and extra confirmation on the Aave interface. He has also noted Whop’s adoption of an onchain DeFi Earn integration, which introduced new cost efficiencies for fintech firms, setting a new standard according to his recent remarks. Both topics highlight Kulechov’s focus on security and protocol design in previous statements.