The Ethereum POS merger is coming, and you can follow this website to get the latest updates on the Merger.
Despite the delay, the merge remains an important event in Ethereum history. Here are some important impacts that will happen:
Ethereum will be secured by PoS instead of PoW.
Ethereum's issuance will become deflationary.
Validators will receive more staking rewards.
1. PoS
The merge only changes the consensus mechanism changes of Ethereum, so nothing will be changed for the Ethereum users, including gas fees, meaning no lower gas fees significantly. But Ethereum will become environment-friendly after merge.
2. Deflation
Now Ethereum issues roughly 13,500 ETH per day - an annual issuance of about 4.3% of the total ETH supply. After the merge, current projections predict a drop to between a 0.3% to 0.4%, because the PoS issuance model is determined by how much ETH is being staked.
With the BASEFEE burn mechanism of EIP-1559 (live as of August 2021) it is projected that Ethereum's issuance will actually become deflationary during periods of high user activity.
data sources:
3. More Staking Rewards
The remaining fees that are not burned post-EIP-1559 (called "tips" or "priority fees") will be paid to the validators instead of a proof-of-work miner, so they will start receiving more fee rewards.