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1confirmation founder: ETH is more scarce than BTC, and the rise in on-chain usage will enhance its scarcity.
According to Golden Finance, Nick Tomaino, the founder of 1confirmation, stated on the X platform that Ethereum has become the blockchain used for stablecoins, real-world assets, NFTs, and token issuance for startups, and has always emphasized trusted neutrality. ETH is a trusted neutral value storage method that is scarcer than BTC, and as on-chain usage rises, scarcity will also increase. Currently, the yield of ETH is about 2%.