DeFi Researcher Ignas Pushes Back on Vitalik’s ETH Store-of-Value Pivot

Cointime reports: DeFi researcher Ignas argued that ETH may be a better store-of-value asset than BTC or ZEC, citing native staking yield, planned privacy features and potential deflation via fee burns, and said borrowing against BTC or ZEC typically requires wrapped assets or trusting banks and centralized exchanges while ETH supports native collateral and swaps on one chain. Ignas said the push toward a store-of-value focus should not come at the cost of L1 fee revenue, with demand growth still the key question.