- The Ethereum Foundation staked over 45,000 ETH, worth more than $92 million, on Friday.
- This action brings its total staked ETH to nearly 70,000, a key goal in its new treasury strategy.
- The move aims to generate yield for funding development instead of selling tokens, addressing community pressure.
- Vitalik Buterin has warned that staking forces the Foundation to take sides in any future contentious hard fork.
On Friday, the Ethereum Foundation made a significant move by staking over 45,000 Ether to nearly fulfill its 70,000 ETH staking target. This massive transaction, valued at approximately $92.2 million, was executed in a series of transfers, according to data. Consequently, the Foundation now has locked over $143 million in ETH for staking purposes.
The staking initiative is part of a revamped treasury policy announced in June 2025. This strategy shifts the Foundation toward generating sustainable yield from its holdings. The yield will fund critical protocol research, development, and ecosystem grants directly.
Previously, the community pressured the Ethereum Foundation to stop selling tokens for operational funds. The new policy directly addresses this concern by creating an income-generating treasury. “We are now increasingly moving into staking and DeFi, both to enhance financial sustainability…” the Foundation stated.
However, this strategic shift introduces a notable political risk for the organization. Vitalik Buterin warned in January 2025 that staking forces the Foundation to take a position during any contentious hard fork. He noted the organization is exploring ways to mitigate these centralization risks.
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