Vitalik: The Ethereum Foundation is considering granting a grant for strategies related to staking its ETH holdings
2024-10-27 06:05:29
Odaily News Regarding the question of “Why the Ethereum Foundation does not pledge its ETH holdings and only uses revenue to cover costs”, Vitalik Buterin responded in a post on X: “One internal reason is that we don’t want to be forced to make an ‘official choice’ in a controversial hard fork event. An interesting idea around this issue is being considered, which is to give some grants in the form of ‘You can pledge our ETH, you can choose how to pledge, as long as it is ethical and keeps going up’. Another way to solve this problem is to spread legitimacy and resources to more relevant parties, so that there will be multiple organizations that credibly represent Ethereum in people’s eyes. In this regard, we are in a much better situation than we were two years ago. ”
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