cleanup

Author: corwintines

public/content/eth/supply/index.md

@@ -8,67 +8,71 @@ lang: en
 
 ## Prerequisites {#prerequisites}
 
-This article is written for beginners with no prior knowledge. However, to fully understand the topic, it is helpful to have a basic understanding of concepts such as [Ethereum Improvement Proposals (EIPs)](https://ethereum.org/en/eips/#introduction-to-ethereum-improvement-proposals), [Proof-of-work (PoW)](https://ethereum.org/en/developers/docs/consensus-mechanisms/pow/), [Proof-of-stake (PoS)](https://ethereum.org/en/developers/docs/consensus-mechanisms/pos/), and [The London Upgrade](https://ethereum.org/en/history/#eip-1559).
+This article is written for beginners with no prior knowledge. However, to fully understand the topic, it is helpful to have a basic understanding of concepts such as [Ethereum Improvement Proposals (EIPs)](/eips/#introduction-to-ethereum-improvement-proposals), [Proof-of-work (PoW)](/developers/docs/consensus-mechanisms/pow/), [Proof-of-stake (PoS)](/developers/docs/consensus-mechanisms/pos/), and [The London Upgrade](/history/#london).
 
 ## How Many ETH Tokens Are There Today? {#current-eth-supply}
 
-As of now, there are approximately **120.43M ETH (November 2024)** in existence. This number is constantly changing due to Ethereum’s Proof-of-Stake (PoS) system and the mechanisms introduced in Ethereum Improvement Proposal 1559 (EIP-1559), which burns a portion of ETH with every transaction. 
+The total supply of ETH is dynamic and changes constantly due to two main factors:
 
-If you’re curious, you can track live updates on platforms like [Ultrasound Money](https://ultrasound.money).
+1. **Proof-of-Stake (PoS) Issuance**: New ETH is created as rewards for validators who secure the network
+2. **EIP-1559 Burning**: A portion of transaction fees are permanently removed from circulation
 
-Ethereum’s supply and issuance are essential metrics for understanding the health and future of the network. But what exactly does ETH issuance mean? Let’s break it down.
+You can track the current supply and these changes in real-time on platforms like [Ultrasound Money](https://ultrasound.money).
+
+Ethereum's supply and issuance are essential metrics for understanding the health and future of the network. But what exactly does ETH issuance mean? Let's break it down.
 
 ## Why ETH Supply and Issuance Matter {#why-eth-supply-matters}
 
 In traditional finance, central banks control the supply of money, often printing more to stimulate economies. Ethereum, on the other hand, operates on a transparent and predictable system governed by its code. Knowing how many ETH exist and how quickly new ETH is issued helps:
 
 - **Build Trust**: The Ethereum community can verify supply and issuance data directly from the blockchain.
-- **Understand Value**: The relationship between issuance and ETH burn rates impacts ETH’s inflation or deflation, influencing its value over time.
+- **Understand Value**: The relationship between issuance and ETH burn rates impacts ETH's inflation or deflation, influencing its value over time.
 - **Track Network Health**: Changes in issuance and burn rates reflect the activity and security of the network.
 
 ## What is ETH Issuance? {#eth-issuance}
 
-ETH issuance refers to the process of creating new ETH as rewards for validators who secure the Ethereum network. It’s separate from total supply, which is the total amount of ETH in circulation.
+ETH issuance refers to the process of creating new ETH as rewards for validators who secure the Ethereum network. It's separate from total supply, which is the total amount of ETH in circulation.
 
 ### In simple terms:
 - **Issuance** adds new ETH to the network.
 - **Burning** (introduced by EIP-1559) removes ETH from the network by destroying a portion of the transaction fees.
 
-These two forces determine whether Ethereum’s supply grows (inflationary) or shrinks (deflationary) over time.
+These two forces determine whether Ethereum's supply grows (inflationary) or shrinks (deflationary) over time.
 
 ## ETH Supply and Issuance Today {#eth-supply-today}
 
-Ethereum’s Proof-of-Stake (PoS) system has drastically reduced ETH issuance compared to its earlier Proof-of-Work (PoW) model. Validators—who lock up ETH to secure the network—earn ETH as rewards. Currently, the network issues around **0.55% of the total supply annually**.
+Ethereum's Proof-of-Stake (PoS) system has drastically reduced ETH issuance compared to its earlier Proof-of-Work (PoW) model. Validators—who lock up ETH to secure the network—earn ETH as rewards. You can see the current issuance rate on [Ultrasound Money](https://ultrasound.money).
 
 However, this number is dynamic. Thanks to EIP-1559, when network activity is high, ETH burn rates can surpass issuance, creating a deflationary effect. For example, during periods of high demand, like NFT launches or DeFi activity, more ETH may be burned than issued.
 
 ### Tools to Track ETH Supply and Issuance:
-- [Ultrasound Money](https://ultrasound.money)
-- [Etherscan](https://etherscan.io)
-
-These platforms offer real-time updates on how issuance and burn rates are shaping Ethereum’s supply.
+- [Ultrasound Money](https://ultrasound.money) - Real-time tracking of ETH supply, issuance, and burn rates
+- [Etherscan](https://etherscan.io) - Block explorer with supply metrics
 
 ## Factors Influencing Future ETH Supply and Issuance {#future-eth-supply}
 
-Ethereum’s future supply isn’t fixed—it depends on several variables:
+Ethereum's future supply isn't fixed—it depends on several variables:
 
 1. **Staking Participation**: 
    - More validators joining the network means more ETH rewards are distributed.
    - Fewer validators participating may decrease issuance.
+   - Learn more about [staking](/staking/).
 
 2. **Network Activity**:
    - High transaction volumes lead to more ETH being burned, potentially offsetting or exceeding issuance.
+   - Read about [gas fees](/developers/docs/gas/) and how they affect burning.
 
 3. **Protocol Upgrades**:
-   - Future changes to Ethereum’s code could adjust staking rewards or burning mechanisms, further shaping supply dynamics.
+   - Future changes to Ethereum's code could adjust staking rewards or burning mechanisms, further shaping supply dynamics.
+   - Stay updated with the [Ethereum roadmap](/roadmap/).
 
-## Recap: ETH Supply, Issuance, and What’s Next {#recap}
+## Recap: ETH Supply, Issuance, and What's Next {#recap}
 
-Here’s a quick summary of what you need to know about ETH supply and issuance:
+Here's a quick summary of what you need to know about ETH supply and issuance:
 
-- **Current ETH Supply**: Around **120.43M ETH (November 2024)** (trackable in real-time).
-- **Issuance Under PoS**: Approximately **0.55% annual increase**, significantly lower than during PoW.
-- **EIP-1559’s Role**: ETH burning can make the network deflationary during periods of high activity.
-- **Future Trends**: Staking participation, network demand, and protocol updates will all shape ETH supply.
+- **ETH Supply**: Dynamic and constantly changing, trackable in real-time through tools like [Ultrasound Money](https://ultrasound.money)
+- **Issuance Under PoS**: Significantly reduced compared to PoW, with rewards going to validators. See current rates on [Ultrasound Money](https://ultrasound.money)
+- **EIP-1559's Role**: ETH burning can make the network deflationary during periods of high activity
+- **Future Trends**: Staking participation, network demand, and protocol updates will all shape ETH supply
 
-Understanding ETH issuance helps demystify the value of Ethereum and its potential as a deflationary, decentralized asset. Curious about the future of ETH? Dive deeper with tools like [Ultrasound Money](https://ultrasound.money) or explore our [staking guides](/staking/).
+Understanding ETH issuance helps demystify the value of Ethereum and its potential as a deflationary, decentralized asset. For more detailed information about how The Merge impacted ETH supply, check out our [detailed breakdown](/roadmap/merge/issuance/). Curious about the future of ETH? Dive deeper with tools like [Ultrasound Money](https://ultrasound.money) or explore our [staking guides](/staking/).