Ethereum Foundation Treasury Update

The Ethereum Foundation (@ethereumfndn) has set up a new 3-of-5 multisig wallet.

The wallet address is 0x9fC3dc011b461664c835F2527fffb1169b3C213e

An operation has been initiated to send 50,000 ETH there, but be patient; due to signing delays, this will take a few days to process (https://etherscan.io/tx/0x6872c97c571e26c6c1dc18999fd116a67ce23cefdecf1cfcf6fb58899ba7f4d7)

The EF will use this new wallet to participate in the DeFi ecosystem. We've made a test tx on Aave. Stay tuned!

Also, Safe has proven safe and has a great user experience, and we will transfer more of our funds here over time!

#helloworldcomputer

The Ethereum Foundation (EF) is a non-profit that supports Ethereum. Learn more at ethereum.foundation.

Ethereum R&D || Bulbasaur Research intern

Exciting times ahead for the Ethereum Foundation! Looking forward to seeing how this move boosts participation in DeFi and enhances security and transparency in treasury management.