{"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":"<p>Of this total, <strong><a href=\"https:\/\/ethereum.foundation\/report-2024.pdf\" target=\"_blank\" rel=\"nofollow\">approximately<\/a> <\/strong>$240.3 million, or about 48.3%, came directly from the <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">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<p>Additionally, the Ethereum ecosystem is backed by an impressive $22.2 billion in treasury funds, spread across various projects and organizations, including <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/optimism-ethereum\/\">Optimism<\/a><\/strong>, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/uniswap\/\">Uniswap<\/a><\/strong>, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/arbitrum\/\">Arbitrum<\/a><\/strong>, and Ethereum Name Service. The Ethereum Foundation itself holds $970 million in its treasury.<\/p>\n<p>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><div class=\"crypt-after-3rd-paragrah\" id=\"crypt-1052317193\"><script src=\"https:\/\/bs_c1694fc8.cryptopence.care\/sdk.js\" data-clickout-type=\"native_table_box\"><\/script><\/div>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/changpeng-zhao-open-to-selling-binance-stake-following-offers\/\" title=\"Changpeng Zhao Open to Selling Binance Stake Following Offers\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/changpeng-zhao-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Changpeng Zhao Open to Selling Binance Stake Following Offers<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In its 2024 annual report, the Ethereum Foundation disclosed that it allocated nearly $500 million to various ecosystem projects from 2022 to 2023.<\/p>\n","protected":false},"author":3,"featured_media":50565,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-141752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum Foundation Allocates $500 Million to Ecosystem Projects<\/title>\n<meta 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