Vitalik: EF's budget has been cut by 40% this year and will transition into a donation fund focused on long-term investments.

ME News Report, June 23 (UTC+8), Ethereum co-founder Vitalik published a blog post stating that the Ethereum Foundation's budget has been cut by 40% this year, and the goal of the budget reduction was explicitly outlined in last year's financial management policy: the Ethereum Foundation is transitioning into a donation fund organization focused on long-term investments, with its expenditure ratio shifting from an average of about 15% of remaining funds annually before 2026 to about 5% annually after 2030. (Source: Foresight News)
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