ef

Vitalik Responds to EF Layoffs: Ethereum Foundation Cuts 54 Staff (20%), Budget Slashed by About 40%

The Ethereum Foundation (EF) announced a restructuring on June 23, reducing its team by 54 members (around 20%). Vitalik explained in a lengthy post that the budget has been cut by approximately 40%, the PSE team is gradually winding down, and Devcon is being scaled back. EF will shift from high expenditure operations to a university grant fund model, decreasing annual spending from 15% of the treasury to 5%. The Strawmap roadmap remains central, and AI-assisted formal verification will explore alternative security redundancies.

Why it matters: EF is a core funder of the Ethereum ecosystem, and a 40% budget cut will impact development pace, security audits, and the supply of public goods in the ecosystem. Short-term pain for decades of treasury sustainability.

#EF #Ethereum #Vitalik #Web3

The foundation finally decided to make some cuts, slashing the budget by 40% and laying off 20% of the staff, as confirmed by Vitalik himself.
In the past, we used to criticize the EF for only cashing out and not doing the work, but now they’re really tightening the belt, aiming to reduce annual expenses to just 5% of the treasury.
Cutting 80 out of 400 isn’t insignificant, but if they actually follow through, it’s better than just making empty promises. They’re moving away from the money-burning model, which is a subtle bullish signal for ETH's long-term deflation expectations.
Just wondering where the saved funds will be directed; hopefully, they won't just throw it at filling the L2 pit again. #EF $ETH

Did you jump in that quick? The foundation just slashed its team by 20%, talking decentralization while their wallets are fuller than anyone else's.
Cutting back to save cash is just a cover; it's really about upgrading the framework. With Vitalik at the helm post-merge to PoS, this move clears the clutter, and the roadmap's advancement will actually speed up.
In the short term, it looks bearish, but long-term, it's a positive sign—definitely better than keeping dead weight and throwing money around.
🚀 #EF $ETH

Another big player has exited EF 📉

Hsiao-Wei Wang, the Co-Executive Director of the Ethereum Foundation, has announced his resignation. This marks yet another departure from EF's core leadership recently. The ETH price hasn't reacted much yet, but the market is starting to wonder: Is the EF team still solid? 🤔 #Ethereum #CryptoNews

#ETH #Ethereum #EF

$ETH 🔥urgent🔥

The developer warned about the risk of a funding crisis #Ethereum

The ecosystem #Ethereum may face a "slowly escalating funding crisis" in the next three to nine months. This was stated by former employee #Ethereum Foundation (EF) Trent Van Epps.
Van Epps worked at #EF from May 2021 to April 2026. During those five years, he coordinated the core development of the protocol, funding through
Protocol Guild, and economic research.
According to his article Succession After
Subtraction, the current risks are linked to the philosophy of #EF called Subtraction.

$ETH

Ethereum Foundation slashes budget by 40% and lays off 20% of staff, management turmoil continues

The Ethereum Foundation (EF) announced two major moves on the same day: laying off 20% of its staff (around 60 people), while Vitalik Buterin stated that EF will cut its operating budget by 40% in the coming months. This is the largest organizational restructuring EF has seen in recent years, following the departure of several co-executive directors. The layoffs and budget cuts aim to enhance operational efficiency, but they have sparked widespread discussion within the community about EF's governance and direction.

Why it matters: The Ethereum Foundation is the core coordinating body of the Ethereum ecosystem, and such a significant organizational trim could accelerate EF's decentralization process, pushing it to transition from a "core developer funding agency" to a more lightweight, focused role.

#以太坊 #Ethereum #EF #区块链 #Web3

EF just OTC'd 10,000 ETH to Bitmine for $11.1M while also staking $46M+ this year. They say staking is better than selling, but they're still selling. Should the stick to staking rewards only?
A. Sell smart: Devs and grants need fiat. Planned OTC deals beat market dumps any day.
B. Stake only: Each ETH solds pushes price down. With 70k ETH staked, live off the yield.
C. Mix it: $5-10M yearly yield won't cover $100M costs. Stake most, sell what you must.
EF sold 10k ETH at $2,387 to fund operations; staked $46.2M in March.
$ETH #Ethereum #Staking #EF #blockchain #crypto

The Ethereum Foundation's protocol team has undergone a core leadership change, with Will, Kev, and Fredrik officially taking the reins. This personnel shift clearly aims to safeguard the upcoming Glamsterdam upgrade.
From a fundamental perspective, a handover among core developers usually indicates that the technical roadmap is entering an acceleration phase. With the new team in charge, there typically will be a focus on improving the execution efficiency of EIPs to address current network pain points. Optimizing the leadership structure right before a major upgrade shows that there is a high demand for stability in this delivery, and the foundation of the core narrative remains solid.
Although organizational changes at the EF aren’t new, tweaking at such a critical juncture indicates that they want to instill some confidence in the market. As long as the power transition is smooth, the technical fundamentals shouldn’t crumble. Is this a new administration's way of igniting some momentum, or is it merely a stable transition? Do you think the pace of this upgrade will accelerate? #Ethereum #Glamsterdam #EF $ETH