Lookonchain APP

App Store

Vitalik: Ethereum Foundation (EF) to Cut This Year’s Budget by ~40%, Shift to Long-Term Endowment Model and Streamlined Operational Structure

2026.06.24 00:09:39

Ethereum co-founder Vitalik Buterin published a statement noting that the Ethereum Foundation (EF) has announced a roughly 40% budget cut this year as part of its financial transition plan. Per last year’s released fund management policy, EF is gradually shifting from a "spending organization" to an endowment-based model, with the goal of reducing its annual expenditure ratio from the previous ~15% to around 5% after 2030. The foundation emphasized it will accept inevitable staff and resource adjustments, acknowledging some loss of capabilities and expertise. In this restructuring, EF has cut approximately 54 employees, accounting for roughly 20% of its total team. Vitalik added that many of these departing members may still participate in the Ethereum ecosystem externally in the future. Meanwhile, the foundation is refocusing its strategy on a more "lightweight" path for protocol governance and development, including advancing the long-term "Strawmap" roadmap covering core protocol upgrades such as consensus mechanisms, privacy technology, account models, and state structures, and pushing Ethereum toward its third phase of evolution. In specific structural adjustments, EF will downplay its "multi-client redundancy first" model, shifting to development approaches based more on specialized division of labor and AI-assisted formal verification; the Privacy and Scaling Explorations (PSE) research team will be restructured from exploratory R&D to more focused engineering implementation; and the scale of ecosystem events like Devcon will also be gradually reduced. Additionally, EF will reduce investment in large cross-domain projects, place more emphasis on protocol security and high-value improvements, and encourage more innovation to be driven by external ecosystem participants. Despite the leaner path, Ethereum will continue to strengthen its core positioning as a highly censorship-resistant, long-term stable protocol.

Relevant content

Trader 0x4287 Opens 5x Long on 1.38M ASTER, Up $137K in Unrealized Gains

Trader 0x4287 opened a 5x long on 1.38M aster-2:native($1.05M) on @Aster_DEX and is currently sitting on an unrealized profit of over $137K(+65.36%).

16 minutes ago

Trader 0x4287 opened a 5x long on 1.38M $ASTER($1.05M) on @Aster_DEX and is currently sitting on an unrealized profit of over $137K(+65.36%).

Trader 0x4287 opened a 5x long on 1.38M $ASTER($1.05M) on @Aster_DEX and is currently sitting on an unrealized profit of over $137K(+65.36%).

16 minutes ago

Jev is overtaken for the first time, and Liquid AI releases its decision-making model d1.

Insight Beating AI Flash News: Frontier edge AI R&D firm Liquid AI has launched its first self-developed decision-making model, d1. Like Jev, d1 does not generate long texts; instead, it directly performs selection, judgment, and scoring, enabling agents to select tools, handle routing, and conduct audits. Liquid re-ran evaluations using Hugging Face’s decision model comprehensive benchmark Decision Index 0.2.1. d1 scored an overall 58.9, outperforming Jev’s 57.9. Across five major categories, d1 leads in art judgment, language understanding, and retrieval classification; it trails Jev slightly in tool calling, and lags by 8 points in knowledge reasoning. Liquid notes that d1 is the first model to surpass Jev in this evaluation suite. d1 is compatible with Jev’s three decision-making modes: Choice (selecting one from multiple options), Noul (true/false judgment), and Score (scoring against standards). A single request can complete multiple judgments at once, returning probabilities and structured results directly—no intermediate text generation and parsing required. d1 is now available via Liquid’s API, with a free tier named `d1:free`. The model’s weights and parameter size have not been disclosed, and Liquid plans to integrate it into OpenRouter.

16 minutes ago

In pre-market US trading, NEAR Treasury firm SVRN extends its rally.

According to market data from BIT (bit.com), during Wednesday’s U.S. pre-market trading, SVRN, the treasury firm of NEAR, added another 10.98% in pre-market hours after surging 29.34% the prior day. Fueled by NEAR’s recent momentum, SVRN has rallied 669% over the past month. Separately, SDEV, the treasury firm of SKY, jumped 108.28% yesterday, but dropped 13.44% in today’s pre-market trading.

16 minutes ago

OpenClaw Enterprise Edition open-sourced: OpenAI is already using it internally for bug fixes and PR merges.

Insight Beating AI Flash News: The OpenClaw Foundation has launched OpenClaw Enterprise (OCE), a solution enabling enterprises to uniformly deploy and manage long-running AI Agents on their own infrastructure. The project was first initiated internally at OpenAI before being donated to the OpenClaw Foundation, with development contributions from Red Hat, NVIDIA, and other partners. Its code is licensed under the MIT License, allowing enterprises to deploy it independently, and the official states it will remain permanently free. OCE primarily addresses management challenges after enterprises deploy Agents: administrators can centrally create multiple Agents, restrict access permissions for different users and Agents, and integrate isolation, auditing, and lifecycle management capabilities. The underlying models, Agent harness, and sandbox are all replaceable, with no mandatory dependency on OpenAI. OpenAI and Red Hat have already conducted internal trials. OpenAI’s internal Agent "Androidclaw" can read codebases, GitHub, and logs. When builds fail, it locates relevant pull requests (PRs) and attempts fixes; upon identifying product issues, it can trace faults, submit PRs with video evidence, and even merge them directly. However, OCE is not yet at the formal production stage. The official only recommends it for internal pilots, with version 1.0 scheduled to launch later this year.

16 minutes ago

After two years, a crypto address has resumed accumulating coins, building a $6.99 million position in ETHFI.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a single address has accumulated ETHFI worth $6.99 million since yesterday — its first time stacking the token in two years. The address withdrew 2.61 million ETHFI yesterday, plus an additional 6.91 million ETHFI an hour ago. It currently holds 9.52 million ETHFI, with an average entry price of $0.734, generating a temporary profit of $217,000.

16 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano