Ethereum Foundation to Overhaul Its Treasury Strategy, Slash Operating Costs

The Ethereum Foundation has announced a major overhaul of its treasury strategy with the goal of reducing operating expenses by 2030 and prioritizing critical projects in the coming years. This shift is expected to impact both Ethereum itself and the various projects supported by the foundation’s funding. The new strategy aims to cut operational costs from 15% to just 5%, leading to a more efficient and sustainable treasury model. While this may result in fewer grants and a focus on higher-impact projects, it also signals a commitment to financial stability for Ethereum’s long-term future.