Ethereum Foundation is Staking Nearly $100 Million in ETH Again
BeInCrypto
The Ethereum Foundation has staked approximately $93 million in ETH, shifting its strategy from selling tokens to earning yield as a network validator.Summary
The Ethereum Foundation has deposited 45,034 ETH, valued at roughly $93 million, into the Ethereum Beacon Deposit Contract. This move marks a significant strategic shift for the organization, which has historically relied on selling its native tokens to fund operations. By staking a total of 69,500 ETH, the Foundation is transitioning into a yield-bearing participant, with current holdings expected to generate approximately $4 million in annual revenue. This pivot aims to secure the network while reducing the market impact of its previous liquidation practices.
(Source：BeInCrypto)