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Ethereum's $30 million annual development budget is about to run out
Former Ethereum Foundation contributor Trent says that the core development of $ETH may face a funding crisis within 3 to 9 months, as the client incentive program funding for these teams expired in April, and there is currently no replacement plan. The Ethereum Foundation has already cut its treasury expenditure from 15% per year to 5%
This is probably the reason behind the recent collective departure of Ethereum executives