Ethereum Foundation Cuts Budget by 40% as Vitalik Buterin Pushes Leaner Future

The Ethereum Foundation (EF) will reduce its annual budget by approximately 40% as it transitions toward a more sustainable, endowment-style financial model, according to Ethereum co-founder Vitalik Buterin. The announcement comes amid significant organizational changes, including staff reductions and leadership departures. The budget cuts are part of a long-term strategy designed to lower the foundations spending rate from roughly 15% of its remaining treasury before 2026 to about 5% annually after 2030. Buterin explained that the move is intended to strengthen the foundations financial…  Read more

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