Ethereum Foundation grants Argot fourth-year funding of 2,469 stETH worth $4.34 million
Odaily reported, according to on-chain analyst Yujin's monitoring, 1 hour ago, Ethereum Foundation issued the 4th year funding to Ethereum nonprofit development organization Argot, totaling 2,469 stETH, valued at 4.34 million US dollars.
Last July, Ethereum Foundation provided Argot with 3 years of operational funding support totaling 7,000 ETH. After receiving it, Argot sold 4,826.6 ETH at an average price of 3,194 US dollars each, converting it into 15.417 million USDC. Next July, Ethereum Foundation will issue the final fifth year funding to Argot, amounting to 2,469 stETH.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tether to launch its USDT stablecoin on the Kava blockchain
MakerDAO purchases $700 million in Treasury bonds, grows holdings to $1.2 billion
AI "chip inflation" sweeps through the UK economy
The UK’s July CPI is expected to rise by 2.9% year-on-year, marking the first acceleration in four months. In addition to a jump in energy bills due to the reset of Ofgem’s price cap, an AI-driven memory chip shortage is emerging as a new driver of inflation—Apple laptops, tablets, and Xbox consoles have all announced price increases.
Crypto prices
More
