Ethereum Foundation grants 4th year funding to Argot, amounting to 2,469 stETH worth $4.34 million
2026-07-05 12:24
Odaily Planet Daily News According to monitoring by on-chain analyst Yujin, one hour ago, the Ethereum Foundation granted the 4th year of funding to the Ethereum non-profit development organization Argot, amounting to 2,469 stETH, worth $4.34 million.
In July last year, the Ethereum Foundation provided Argot with a 3-year operational funding grant of 7,000 ETH. After receiving it, Argot sold 4,826.6 of those ETH at an average price of $3,194, converting them into 15.417 million USDC. In July next year, the Ethereum Foundation will issue the final 5th year funding to Argot, amounting to 2,469 stETH.
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