Ethereum Foundation Stakes Record 20K ETH
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Ethereum Foundation Stakes Record 20K ETH, Boosting Research & Ecosystem Growth
The Ethereum Foundation has made a significant move by staking over twenty thousand ETH, a record for them, worth approximately forty-six million dollars. This action aligns with their February plan to stake seventy thousand ETH in total. Despite yields dipping to 2.7% from 3.4% earlier this year, the foundation continues to strengthen their validators, with another 147,400 ETH remaining in their treasury, valued at three hundred three million dollars. This strategic move ensures a steady income for research, grants, and ecosystem growth without selling off assets.
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