{"id":18423,"date":"2024-11-08T12:48:18","date_gmt":"2024-11-08T10:48:18","guid":{"rendered":"https:\/\/forklog.com\/en\/ethereum-foundation-discloses-970-million-in-treasury-reserves\/"},"modified":"2024-11-08T12:48:18","modified_gmt":"2024-11-08T10:48:18","slug":"ethereum-foundation-discloses-970-million-in-treasury-reserves","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ethereum-foundation-discloses-970-million-in-treasury-reserves\/","title":{"rendered":"Ethereum Foundation Discloses $970 Million in Treasury Reserves"},"content":{"rendered":"<p>During 2022-2023, startups within the Ethereum ecosystem received $497 million in funding, including $240.3 million (48.3%) from the <span data-descr=\"Ethereum Foundation\" class=\"old_tooltip\">EF<\/span>. These figures are detailed in a <a href=\"https:\/\/ethereum.foundation\/report-2024.pdf\">report by the non-profit organization<\/a>.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1283.webp\" alt=\"1-1283\" class=\"wp-image-244759\"\/><figcaption class=\"wp-element-caption\">Source: Ethereum Foundation.<\/figcaption><\/figure>\n<p>Contributions also came from Sky (formerly MakerDAO), Optimism, Gitcoin, Decentraland, Aragon, Uniswap, Starknet, MetaMask DAO, and Protocol Guild.<\/p>\n<p>The ecosystem&#8217;s development is supported by project treasuries amounting to $22.2 billion, primarily in their native tokens.\u00a0<\/p>\n<p>Assets are concentrated in structures and DAOs:\u00a0<\/p>\n<ul class=\"wp-block-list\">\n<li>Optimism;\u00a0<\/li>\n<li>Uniswap;\u00a0<\/li>\n<li>Mantle;\u00a0<\/li>\n<li>Arbitrum;<\/li>\n<li>Gnosis;<\/li>\n<li>Ethereum Name Service.<\/li>\n<\/ul>\n<p>EF holds approximately $970 million. These amounts include liquid assets and those allocated through vesting.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-932.webp\" alt=\"2-932\" class=\"wp-image-244760\"\/><figcaption class=\"wp-element-caption\">Source: Ethereum Foundation.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cIf a project attempts to sell a significant portion of its treasury, it could greatly impact the price of the underlying token,\u201d<\/em> the report states.<\/p>\n<\/blockquote>\n<p>EF suggested that this sum reflects the \u201cdepth of resources\u201d available to Ethereum in the long term. According to the organization, a small portion is sufficient to sustain and develop the ecosystem.<\/p>\n<p>The document also mentions the implementation of a conflict of interest policy. It includes disclosure requirements for EF members regarding investments over $500,000 not related to Ether.<\/p>\n<p>Ethereum Foundation CEO Aya Miyaguchi emphasized that the policy aims to \u201cstrengthen the integrity\u201d of the work and ecosystem.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">6\/ Also, EF has implemented a Conflict of Interest policy to reinforce the integrity in all of our work. We hope this is an important step to raising the integrity of the entire ecosystem.<\/p>\n<p>\u2014 Aya Miyaguchi (ayamiya.eth) (@AyaMiyagotchi) <a href=\"https:\/\/twitter.com\/AyaMiyagotchi\/status\/1854718504555233360?ref_src=twsrc%5Etfw\">November 8, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In October, the co-founder of the blockchain behind the second-largest cryptocurrency by market capitalization, Vitalik Buterin, responded to criticism of periodic ETH sales from EF reserves, which exert pressure on the price.<\/p>\n<p>The programmer noted that the organization pays researchers and developers who ensure the network&#8217;s infrastructure, development, and security. According to him, assets are realized in this manner, and the \u201csending to Kraken\u201d of <a href=\"https:\/\/t.co\/i6vk6PQXfC\">another 35,000 ETH<\/a> does not imply an immediate sell-off.\u00a0<\/p>\n<p>Researcher Justin Drake estimates that EF has funds for approximately 10 years of operation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>During 2022-2023, startups within the Ethereum ecosystem received $497 million in funding, including $240.3 million (48.3%) from the EF. These figures are detailed in a report by the non-profit organization. Source: Ethereum Foundation. Contributions also came from Sky (formerly MakerDAO), Optimism, Gitcoin, Decentraland, Aragon, Uniswap, Starknet, MetaMask DAO, and Protocol Guild. The ecosystem&#8217;s development is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,596],"class_list":["post-18423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-tokens"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=18423"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/18422"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}