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.