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The Ethereum Foundation funded Argot with 2,469 stETH, worth approximately $4.34 million.

2026-07-05 12:51:56

Abstract generation in progress

Golden Finance reported that on July 5, according to on-chain analyst Yu Jin’s monitoring, one hour ago, the Ethereum Foundation provided the Ethereum non-profit development organization Argot with a grant of 2,469 stETH, worth approximately $4.34 million. In July last year, the Ethereum Foundation also provided Argot with a 3-year operational funding grant totaling 7,000 ETH. After receiving it, Argot sold 4,826.6 ETH at an average price of $3,194, obtaining 15.417 million USDC in return. Today, Argot received again the Ethereum Foundation’s 4th-year funding, totaling 2,469 stETH. In July next year, Argot will also receive the final 5th-year funding, again amounting to 2,469 stETH. On-chain transactions show that this funding has been transferred to an address associated with Argot.

ETH-1.22%

STETH-1.11%

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