Ethereum

AMA about the EF, I'll answer whatever I can!

Are you able to share why the EF doesn't stake its ETH? I didn't realize this until someone stated yesterday, seems like a great potential source of income for the org

"The EF uses the chain, actually our number 1 use case is dumping ETH"

Actually insane

EF could easily stake ETH and use DeFi to cover most if not all of their internal budget

This is getting extremely tough to defend

@econoar The concerns historically were (1) regulatory, (2) if EF stakes ourselves, this de-facto forces us to take a position on any future contentious hard fork.

(1) is less than before, (2) remains. There's definitely ways to minimize (2), and we're recently been exploring them.

vitalik.eth

Developer ecosystem @farcaster, co-founder @bountycaster. Previously: co-founder of Scalar Capital, product at Coinbase, co-producer @ethereumfilm

Oh nvm just saw it here! https://x.com/VitalikButerin/status/1881298926650929415

@iamDCinvestor the EF uses Ethereum all the time, for instance to (1) swap ETH for stables (usually @CoWSwap) and (2) to pay people (grantees, team members) in stables and ETH, on mainnet and L2s. Events we run (like Devcon and Devconnect) take onchain payments and use onchain ID for tickets.