Ultra Sound Money is a website dedicated to visualizing Ethereum's monetary policy and supply dynamics, particularly focusing on the impact of EIP-1559 and the transition to Proof-of-Stake (PoS) after The Merge. It provides real-time data and charts related to ETH supply, burn rates, and issuance.
Key features:
- ETH Supply Tracking: Monitors the total Ethereum supply, providing insights into its changes over time.
- Supply Change Visualization: Displays the net change in ETH supply, differentiating between burned (destroyed) ETH and newly issued ETH.
- Burn Rate Analysis: Shows the annual burn rate of ETH, reflecting the impact of EIP-1559's fee burning mechanism.
- Issuance Rate Tracking: Displays the annual issuance rate of new ETH, influenced by the shift to PoS.
- Simulate PoW: Allows users to simulate the supply dynamics if Ethereum had remained on Proof-of-Work.
- Time Frame Selection: Offers various time frames (5m, 1h, 1d, 7d, 30d, since The Merge, since London Hard Fork) for analyzing data.
- Community Focus: Encourages community engagement through its "Join the Fam" section, fostering a shared understanding of Ethereum's monetary evolution.
Use Cases:
- Investors: Track ETH supply dynamics to understand potential impacts on price and scarcity.
- Ethereum Enthusiasts: Stay informed about the latest developments in Ethereum's monetary policy.
- Researchers: Access data and visualizations for analyzing the effects of EIP-1559 and The Merge.
- Developers: Monitor gas prices and network activity to optimize smart contract deployment and execution.