ChainCatcher news, Aave founder Stani Kulechov posted on social media that he has read the Ethereum Foundation's annual budget report. Here are the measures needed for the sustainability of the Ethereum Foundation (EF):Immediately reduce the burn rate from $130 million to $30 million;Reduce the number of employees to 80;Carefully review who can stay. Remove senior positions, consultants, any part-time roles, interns, freeloaders, cockroaches, and parasites;Prohibit consultants or any conflicts of interest;Ensure that 80% of employees are technical staff;Split all technical teams into small 5-person teams, each focusing on specific areas and expertise;The leadership should be a 5-person committee, selected based on performance, with one serving as the chair responsible for VB;Part of the non-technical team should focus on financial management (to be done internally);Diversify finances by investing in various long-term sustainable assets (LRSTs), as well as DeFi and non-DeFi projects with good fundamentals and profitability, built on Ethereum;Diversify staking yields into stablecoins and invest funds into DeFi;Borrow from Aave to manage finances and time sales when ETH performs better than other assets;Create a sustainable revenue model from transaction or staking fees to fund a reasonable EF budget.

ChainCatcher news, Defillama data, Ethereum restaking protocol Renzo's TVL has surpassed $1.279 billion, making it the second largest restaking protocol by staking size. In the past month, Renzo's TVL has increased by 215%, with a 7-day increase of over 33%, currently making it the fastest-growing Ethereum restaking protocol.