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The Ethereum Foundation granted 2469 stETH to Argot, worth approximately $4.34 million.

2026-07-05 13:45:18

Abstract generation in progress

Mars Finance News: July 5, according to on-chain analyst Yu Jin’s monitoring, one hour ago the Ethereum Foundation funded 2,469 stETH, worth approximately $4.34 million, to Argot, a non-profit Ethereum development organization. Last July, the Ethereum Foundation previously provided Argot with a 3-year operating funds 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. Today, Argot received the Ethereum Foundation’s 4th-year funding again, totaling 2,469 stETH. Next July, Argot will also receive the final 5th-year grant, also 2,469 stETH. On-chain transactions show that the funds have been transferred to an address related to Argot.

ETH-1.22%

STETH-1.11%

View Original

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