Ethereum Foundation issues 4th year grant to Argot, totaling 2,469 stETH worth $4.34 million
2026-07-05 12:24
Odaily Planet Daily News According to on-chain analyst Yu Jin's monitoring, 1 hour ago, the Ethereum Foundation issued the 4th year grant funding of 2,469 stETH, worth $4.34 million, to the Ethereum non-profit development organization Argot.
In July last year, the Ethereum Foundation provided Argot with a 3-year operating fund grant of 7,000 ETH. After receiving it, Argot sold 4,826.6 ETH at an average price of $3,194, exchanging them for 15.417 million USDC. In July next year, the Ethereum Foundation will issue the final 5th year grant to Argot, amounting to 2,469 stETH.
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