Foundation's #Annual expenses amount to $100M, and their reserves of $ETH and fiat will last for another 10 years. 💰👀

But if #VitalikButerin 's monthly #salary is only $140,000, where do they spend the rest of the money? 🤔
#USNonFarmPayrollReport #DOGSONBINANCE

Vitalik Buterin Unveils His Salary 🤩

Josh Stark from the #Ethereum Foundation (EF) announced that EF will soon release its financial report for 2022 and 2023, expected before the Devcon SEA conference.

The report shows that 38% of EF's spending is on internal projects like Geth, PSE, Solidity, and cryptographic research, while 62% goes to external grants for organizations such as #Nomic Foundation.

Ethereum co-founder Vitalik Buterin also revealed his annual #salary of 182,000 Singapore dollars (about 135,000 USD).

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