Ethereum community members respond to doubts: The Foundation sells ETH to balance market pressure with multiple strategies

avatar
ODAILY
01-20
This article is machine translated
Show original
Odaily reported that Ethereum community member fishbiscuit (@not_qz) responded to the community's various criticisms of the Foundation, clarifying the following facts: 1. Social media activity: Similar to the Solana Foundation, the Ethereum Foundation has mainly reposted content in the past, but has recently become more active in posting updates. 2. On-chain usage: The Foundation has staked 42,000 ETH to support client development, and has also funded on-chain projects such as EIP-1559 Non-Fungible Tokens and Beacon Book, providing grants through the mainnet and L2. The Foundation also supports crypto payments for events like Devcon. 3. ETH selling: Regarding the accusation of the Foundation selling ETH, fishbiscuit pointed out that the Foundation employs various strategies to balance market pressure, and called on the community to avoid double standards, while also emphasizing the regulatory challenges the Foundation faces. The post urged the community to view the Foundation's contributions rationally and encouraged more constructive discussions.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Followin logo