Ethereum Foundation revamps grants program under new funding approach

The Ethereum Foundation (EF) has revamped its grants program, moving away from the previous open application model to a new structure under its Ecosystem Support Program. Grants will now be distributed via two primary channels: a wishlist detailing the Foundation's focus areas and Requests for Proposals (RFPs) targeting specific ecosystem needs. The EF stated that the previous open program, which was paused earlier this year, stretched resources, and the growing volume of applications limited its ability to pursue strategic opportunities. The new, more selective model aims to coordinate funding with defined ecosystem priorities. The first round of wishlist items and RFPs is currently active, covering areas such as cryptography, privacy, security, and community growth. This news follows recent developments in the Ethereum ecosystem, including the successful deployment of the Fusaka upgrade on testnets, which introduces EIPs like PeerDAS to improve scalability and node performance.

(Source：Cointelegraph)