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Ethereum community members respond to doubts: The Foundation sells ETH to balance market pressure with multiple strategies

2025-01-20 13:13

Odaily News Ethereum community member fishbiscuit (@not_qz) tweeted in response to the community’s multiple questions about the Foundation, clarifying the following facts:
1. Social media activity: Similar to the Solana Foundation, the Ethereum Foundation used to mainly retweet content, but has recently begun to post more actively.
2. On-chain use: The Foundation has pledged 42,000 ETH to support client development, and has also funded on-chain projects such as EIP-1559 NFT and Beacon Book, and issued grants through the mainnet and L2. Events such as Devcon also support encrypted payments.
3. ETH selling: In response to the accusation that the foundation sold ETH, fishbiscuit pointed out that the foundation adopted a variety of strategies to balance market pressure and called on the community to avoid double standards, while emphasizing the regulatory challenges faced by the foundation. He called on the community to look at the foundation's contributions rationally and encouraged more constructive discussions.