{"id":433838,"date":"2022-04-19T07:14:03","date_gmt":"2022-04-19T04:14:03","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ethereum-foundation-treasury-expands-non-crypto-assets-to-19\/"},"modified":"2022-04-19T07:14:03","modified_gmt":"2022-04-19T04:14:03","slug":"ethereum-foundation-treasury-expands-non-crypto-assets-to-19","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ethereum-foundation-treasury-expands-non-crypto-assets-to-19\/","title":{"rendered":"# Ethereum Foundation treasury expands non-crypto assets to 19%"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3558ba25ed8\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3558ba25ed8\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/ethereum-foundation-treasury-expands-non-crypto-assets-to-19\/#%E2%80%9D_Ethereum_Foundation_treasury_expands_non-crypto_assets_to_19_%E2%80%9C\" >&#8221; Ethereum Foundation treasury expands non-crypto assets to 19% &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Ethereum_Foundation_treasury_expands_non-crypto_assets_to_19_%E2%80%9C\"><\/span>&#8221; Ethereum Foundation treasury expands non-crypto assets to 19% &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-2a0745c6>The Ethereum Foundation (EF) has released a report detailing how its $1.6 billion treasury consists mostly of Ether (ETH), but with a surprising 18.8% in non-crypto assets.<\/p>\n<p>In total, the EF non-profit organization which manages the funds for Ethereum developments holds about 0.3% of the current total ETH supply, amounting to roughly $1.3 billion which is verifiable on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/etherscan.io\/address\/0xde0b295669a9fd93d5f28d9ec85e40f4cb697bae\">Etherscan<\/a>. However, its non-crypto holdings <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ethereum.foundation\/report-2022-04.pdf\">account<\/a> for a sizable $302 million share.<\/p>\n<p>The April 2022 report is the first issued by the Foundation to outline what it holds in the treasury and how it is allocating expenditures, including grant funding for various Ethereum-based projects. In all, the EF <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ears to have a very strong financial footing having spent just $48 million in 2021.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-04\/5fc06a4e-0b1a-4d81-9853-6f033d5a30e6.PNG\"><figcaption style=\"text-align: center;\">The Ethereum Foundation\u2019s treasury as of April 2022.<\/figcaption><\/figure>\n<p>The report stated that it has increased its non-crypto holdings to $302 million from a previously undisclosed amount. That amount is meant to provide \u201ca greater safety margin\u201d in an effort to protect it against a downturn in the crypto market.\u00a0<\/p>\n<p>The Foundation did not im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely respond to a request to disclose the details regarding those non-crypto holdings. However, Ethereum researcher Justin Drake suggested that the non-crypto holdings are just fiat reserves in an April 18 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/drakefjustin\/status\/1515951447149580288\">tweet<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">the EF spent $48M in 2021<\/p>\n<p>it has 350K ETH ($1B) and $300M fiat<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/1AL68I5YgF\">https:\/\/t.co\/1AL68I5YgF<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/0yLXNHy3Aj\">pic.twitter.com\/0yLXNHy3Aj<\/a><\/p>\n<p>\u2014 Justin \u00d0rake  (@drakefjustin) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/drakefjustin\/status\/1515951447149580288?ref_src=twsrc%5Etfw\">April 18, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Foundation spent $21.8 million on layer-one (L1) research and development, the largest share of its expenditures last year. This total does not include the Client Incentive Program (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blog.ethereum.org\/2021\/12\/13\/client-incentive-program\/\">CIP<\/a>) which is an ongoing program that rewards nine particular node operators with a share of 39,168 ETH ($132 million) on a fixed schedule.<\/p>\n<p>It spent a further $9.7 million on community development, $5.9 million on Ethereum as a developer platform, $5.1 million on international operations, $3.6 million on ZK (zero-knowledge) research and development, and $1.9 million on layer-two (L2) research and development.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">As far as I know this is the first time the Ethereum Foundation has publicly detailed all of their treasury holdings.<\/p>\n<p>Finally  <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/AugWk2GF2H\">pic.twitter.com\/AugWk2GF2H<\/a><\/p>\n<p>\u2014 sassal.eth  (@sassal0x) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/sassal0x\/status\/1515950530383732736?ref_src=twsrc%5Etfw\">April 18, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>ETH devs implement first-ever \u2018shadow fork\u2019 as PoS testing continues<\/em><\/strong><\/p>\n<p>The EF\u2019s financial report comes just a few months before <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/sassal0x\/status\/1515950530383732736\">The Merge is scheduled<\/a> to take place where the Ethereum mainnet transitions to a proof-of-stake (PoS) consensus algorithm. Doing this is expected to vastly reduce the network&#8217;s energy requirements and carbon footprint.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/ethereum-foundation-treasury-expands-non-crypto-assets-to-19\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Ethereum Foundation treasury expands non-crypto assets to 19% &#8220; The Ethereum Foundation (EF) has released a report detailing how its $1.6 billion treasury consists mostly of Ether (ETH), but with a surprising 18.8% in non-crypto assets. In total, the EF non-profit organization which manages the funds for Ethereum developments holds about 0.3% of the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":433839,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvNzQyMWYyMjYtZjA0Ny00NTlhLTg4OGUtMTI5MTU0Yjg0YmU2LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[120470,74891,75326],"class_list":["post-433838","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-digital-asset-holdings","tag-ethereum","tag-ethereum-2-0"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/433838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=433838"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/433838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/433839"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=433838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=433838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=433838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}