Right I remember reading about Ethereum and the transition towards a proof of stake system. I felt the need to go and dive into some articles to see how far they've come.
According to this it hasn't launched yet:
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Here for the Ethereum Proof of Stake (PoS) date? While the proof of stake Ethereum date was originally set for January 2020, this deadline has been missed and it isn’t clear when Ethereum’s PoS will launch now. Guesses vary from sometime in 2020 to sometime in 2021 to never (according to hardcore ETH haters)!
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Interested in becoming a validator for ETH 2.0 and want to know what you need? The minimum stake to become a validator in Ethereum 2.0 is 32 Ether, according to Collin Myers, head of global product strategy at ConsenSys, an Ethereum application developer and startup incubator. Myers made the announcement at Devcon 5 (Devcon is an annual Ethereum conference).
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Along with knowing what the minimum Ethereum 2.0 stake will be, we also know that the yearly “interest” in staking rewards one will earn for staking on Ethereum will be ~4.6% to 10.3%. While that’s quite a broad range, it’s undeniably higher than the average US savings account interest of 0.09%, as mentioned in our DeFi (decentralized finance) guide - not to mention low or even negative interest in other countries.
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https://www.exodus.io/blog/ethereum-...of-stake-date/
Here's more on the subject and I'm not overly excited about the fact ethereum supply are not limited:
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ethereum’s supply of ether will continue to grow over time.
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https://www.coindesk.com/3-ways-stak...cs-of-ethereum