Ethereum Foundation Launches Treasury Staking, Deploying 70,000 ETH to Support Ecosystem and Operations
The Ethereum Foundation announced today that it has officially begun staking a portion of its treasury assets to implement the treasury policy announced last year. On-chain data shows that the foundation completed a deposit of 2016 $ETH today, with an expected total of approximately 70,000 $ETH participating in staking. The staking rewards will flow back into the foundation's treasury. This staking is conducted using a @E5@-powered protocol.
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Ethereum Foundation Launches Treasury Staking, Deploying 70,000 ETH to Support Ecosystem and Operations
The Ethereum Foundation announced today that it has officially begun staking a portion of its treasury assets to implement the treasury policy announced last year.
On-chain data shows that the foundation completed a deposit of 2016 $ETH today, with an expected total of approximately 70,000 $ETH participating in staking. The staking rewards will flow back into the foundation's treasury. This staking is conducted using a @E5@-powered protocol.