jakiro
Note: In the early morning of August 24, the Ethereum Foundation transferred 35,000 ETH to Kraken. Aya Miyaguchi, executive director of the Ethereum Foundation, revealed in response to netizens’ questions about financial disclosure, “The Ethereum Foundation’s annual budget is about US$100 million, and it will gradually sell the 35,000 ETH transferred in a planned manner.”.Therefore, it triggersNetizens’ concerns about the transparency of the Ethereum Foundation.
Ethereum Foundation member Josh Stark posted a post on Twitter on August 27 to briefly disclose the spending of the Ethereum Foundation, compiled by Bitchain Vision xiaozou.
as follows:
EF (Ethereum Foundation) spending has been a topic of conversation lately, and here are some ideas and answers about several important questions we have seen.
first,We are working on a new EF report with a time span covering 2022 and 2023, hoping to be released before Devcon SEA.
Here is a preview of the expenditure information in this upcoming report.
Note: Ethereum founder Vitalik said in his reply that the key information is in the figure above, “New Institutions” category basically means Nomic Foundation, The DRC, L2beat, 0xPARC, etc.
These charts record internal and external expenditures.For example, “L1 R&D” includes both funding for external client teams and funding for internal EF researchers.In the past two years, internal expenditure accounted for about 38% and external expenditure accounted for about 62%.
Internal expenditure
Internal expenditures covered by EF teams include, but are not limited to:
– Geth (geth.ethereum.org)
– Privacy & Scaling Explorations (PSE) (pse.dev)
– Solidity (soliditylang.org)
– Cryptography Research (crypto.ethereum.org/team)
– Robust Incentives Group (rig.ethereum.org)
– Devcon (devcon.org)
– Ethereum.org
– Next Billion (nxbn.ethereum.foundation)
All of these teams’ work is public, and they also share event information on their websites, githubs and social channels.If you want to know what EF is doing, please follow the EF team!
External expenditure
Regarding external spending, we have regularly published reports on EF funded activities on blog.ethereum.org over the past 4 years.
Our funding team (EF Ecosystem Support Program) has also published statistics for recent years prominently on its website homepage (esp.ethereum.foundation).
In the chart I shared above, the biggest new category is “New Institutions”.A key goal of EF is to help build new organizations that can support and strengthen the development of the Ethereum ecosystem in the long run.
This category involves funding to:
– Nomic Foundation (@Nomic Foundation)
– Decentralization Research Centre (@TheDRC_)
– L2Beat (@l2beat)
– 0xPARC Foundation (@0xPARC)
– and other Ethereum-related and adjacent organizations
