{"id":141752,"date":"2024-11-08T20:00:52","date_gmt":"2024-11-08T18:00:52","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141752"},"modified":"2024-11-08T13:44:36","modified_gmt":"2024-11-08T11:44:36","slug":"ethereum-foundation-allocates-500-million-to-ecosystem-projects","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ethereum-foundation-allocates-500-million-to-ecosystem-projects\/","title":{"rendered":"Ethereum Foundation Allocates $500 Million to Ecosystem Projects"},"content":{"rendered":"

Of this total, approximately<\/a> <\/strong>$240.3 million, or about 48.3%, came directly from the Ethereum<\/a> <\/strong>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\u2019s united drive for growth and development.<\/p>\n

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

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.<\/p>\n