This chart presents the annual rate of ETH supply change broken down into three components: Minted, Circulating, and Burned.

This chart presents the following traces:

• 🟢 Annual Minting Rate: The annualized rate at which ETH supply minted and issued by the protocol to miners and validators over time.

• 🔴 Annual Burning Rate: The annualized rate at which ETH supply is being burned by the EIP1559 BASEFEE mechanism.

• 🔵 Annual Issuance Rate: The net annualized rate of change for ETH in circulation, calculated by subtracting the rate of Burned Supply from Minted Supply. This reflects the annualized rate of net change in the ETH supply.