Vitalik: The Ethereum Foundation is considering granting funds related to the strategy of staking its ETH holdings

2024-10-27 14:17:04

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ChainCatcher message, regarding the question "Why doesn't the Ethereum Foundation stake its ETH holdings and only uses income to cover costs," Vitalik Buterin responded on X, stating: "One internal reason is that we do not want to be forced to make an 'official choice' in a controversial hard fork event.

Around this issue, an interesting idea is being considered, which is to provide some grants in the form of 'you can stake our ETH, you can choose how to stake it, as long as it is ethical and maintains upward momentum.'

Another way to address this issue is to spread legitimacy and resources to more stakeholders, so that multiple organizations can credibly represent Ethereum in the eyes of the public. In this regard, our situation is much better than it was two years ago."

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