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Ethereum Foundation completes five-year grant to Argot, 4938 stETH unlocked in two batches.

MeNews
ME News message, June 30 (UTC+8), Argot Collective and the Ethereum Foundation (EF) jointly announced that their five-year funding commitment has been fully fulfilled. A total of 4,938 stETH will be transferred to a dedicated multi-signature wallet and will be unlocked in two batches: part on July 1, 2026 and part on July 1, 2027. The previous three years of funding were fully disbursed last year, while the remaining two years of funds were delayed due to governance and terms negotiations, but have now been fully finalized. This funding is managed by a 2/3 multi-signature custody jointly formed by Argot, a newly established fail-safe committee, and the Ethereum Foundation; the independent committee serves as an arbitration body, providing professional opinions on programming languages and compilers to ensure Argot’s development independence. Argot stated that this funding provides substantial support for team operations, but long-term challenges for the ecosystem remain: the Ethereum Foundation’s funding scale is limited, and public infrastructure such as staking, DeFi, and underlying protocols cannot rely on a single funding entity for the long term. The team will maintain a semi-annual transparency report and roadmap update mechanism. (Source: ODAILY)
ETH-2.86%
STETH-1.43%
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