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Ethereum Foundation grants 2469 stETH to Argot, approximately 4.34 million USD.
BlockBeats news, July 5, according to on-chain analyst Ember's monitoring, 1 hour ago, the Ethereum Foundation granted 2469 stETH to the Ethereum non-profit development organization Argot, worth approximately $4.34 million.
Last July, the Ethereum Foundation provided Argot with a 3-year operational funding grant, totaling 7000 ETH. After receiving it, Argot sold 4826.6 ETH at an average price of $3,194, exchanging for 15.42M USDC.
Today, Argot has again received the Ethereum Foundation's 4th-year funding, amounting to 2469 stETH. Next July, Argot will also receive the final 5th-year grant, also 2469 stETH. On-chain transactions show that this funding has been transferred to an address related to Argot.