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The Defiant 2025-01-22 11:24:23

Vitalik Buterin Says Ethereum Foundation is Considering Staking ETH

Vitalik Buterin revealed that the Ethereum Foundation has been exploring staking options in response to calls from community members for staking ETH and earning yield to cover the expenses incurred by the Foundation. For example, in a recent X post, angel investor Eric Conner mocked the Ethereum Foundation by saying, “The EF uses the chain, actually our number 1 use case is dumping ETH.” Conner said that “EF could easily stake ETH and use DeFi to cover most if not all of their internal budget.” In response, Buterin explained why the Ethereum Foundation had been hesitant to stake its ETH. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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