Vitalik's Budget Plan: $ETH Foundation's Forever Fund? đ°âŸïž
Just when we thought the #Ethereum Foundation (EF) might run out of #ETH , Vitalik Buterin drops a bombshell: they're planning to spend only 15% of their remaining funds each year! đ€Ż
That means the EF will last forever, but it'll get smaller and smaller over time, like a deflating balloon. đ
Meanwhile, Justin Drake revealed that the EF spends around $100 million annually. Given the current ETH price, their main wallet is worth about $650 million. đŠđ€
So, ETH fans, let's hope the EF's budget strategy pays off. After all, a forever-lasting EF means a forever-growing Ethereum ecosystem! đ #ETH #VitalikButerin
Source: Odaily@ChinaCryptoNews
