Ethereum Foundation Allocates $500 Million to Ecosystem Projects

In its 2024 annual report, the Ethereum Foundation disclosed that it allocated nearly $500 million to various ecosystem projects from 2022 to 2023.

Of this total, approximately $240.3 million, or about 48.3%, came directly from the Ethereum Foundation, with the remaining funding provided by prominent community entities such as MakerDAO (now Sky), Optimism, Uniswap, Gitcoin, and others. This collaborative effort highlights the ecosystem’s united drive for growth and development.

Additionally, the Ethereum ecosystem is backed by an impressive $22.2 billion in treasury funds, spread across various projects and organizations, including Optimism, Uniswap, Arbitrum, and Ethereum Name Service. The Ethereum Foundation itself holds $970 million in its treasury.

These funds, mostly held in native tokens, are valuable for long-term sustainability, though the report cautioned that liquidating large portions could significantly affect the market value of those tokens.

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The foundation also introduced a Conflict of Interest policy, requiring transparency for members involved in investments above $500,000, with special provisions to avoid conflicts in decision-making. Executive Director Aya Miyaguchi emphasized that this new policy was designed to uphold integrity within the foundation and the broader Ethereum ecosystem.

Alexander Stefanov