Ethereum Intrinsic Value – Staking + EIP-1559 Burn

Models 1 ETH as a productive asset: staking yield + scarcity yield from EIP-1559 burn, with L1 tx growth driving both burn and base fee. 5-year DCF + terminal value.
Market & Network Inputs
L1 Activity & Burn
Burn per day (year y): DailyBurnETH = Tᵧ × G_avg × Bᵧ / 1e9 where Bᵧ = B₀ × (1 + txGrowth)ᵧ. Higher usage → higher burn.
Advanced supply assumptions
Approximate live circulating supply (default 120M).
Rough annual issuance as % of supply (post-merge ~0.5-1%).

DCF Output (Per 1 ETH Staked)

Intrinsic value
$0.00
PV in ETH: 0.000 · DCF multiple vs. reference price: 0.00×
Last yr effective yield: 0.00%
Last yr net supply change: 0.00%/yr
Waiting for inputs...
Year Tx/day Base fee (gwei) Burn (k ETH) Issuance (k ETH) NetSup % EffYield % CF (ETH) Disc. factor PV (ETH)
Terminal Perpetuity at last effective yield 0.000 PV (ETH) 0.000
Flows are in ETH: staking yield + scarcity yield from deflation (burn > issuance). We discount 5 yearly flows plus a terminal perpetuity using the last-year effective yield as the run-rate. Reference price only converts ETH PV → USD.