Ethereum Foundation AMA: Ethereum Foundation’s fund reserves can cover 10 years of budget

Odaily News Justin Drake, a core researcher at the Ethereum Foundation, responded to the question "How long will it take for the Foundation's reserves to run out?" during the 12th AMA of the Ethereum Foundation, saying that the Ethereum Foundation's financial report should be released soon. The Foundation's current annual budget is about $100 million, mainly composed of grants and salaries, and some grant recipients can only accept legal tender. At current prices, the Ethereum Foundation's main Ethereum wallet holds about $650 million worth of ETH. Previously, due to regulatory reasons, sales were temporarily stopped, so the reserve funds were not replenished until recently. Roughly estimated, the Ethereum Foundation's reserves can cover a 10-year budget, but the amount of reserve funds is greatly affected by ETH price fluctuations.