ChainCatcher News: The Ethereum Foundation announced today that it has officially begun staking a portion of its treasury assets to implement the treasury policy announced last year.
On-chain data shows that the foundation has completed a deposit of 2,016 ETH, with an estimated total of about 70,000 ETH participating in staking. The staking rewards will flow back into the foundation’s treasury. This staking uses the open-source software solutions Dirk and Vouch, developed by Attestant.
Dirk, as a distributed signing tool, supports joint operation by independent entities across multiple jurisdictions, eliminating single points of failure; Vouch supports multi-client composition strategies to reduce client diversity risks. The foundation stated that its deployment architecture includes minority clients and combines managed infrastructure with self-managed hardware across multiple regions.
The Ethereum Foundation said that this move not only helps enhance the security of the Ethereum network but also provides sustainable funding for the foundation’s core operations, covering protocol development, ecosystem growth, and community grants.
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Ethereum Foundation launches treasury staking, deploying 70,000 ETH to support the ecosystem and operations
ChainCatcher News: The Ethereum Foundation announced today that it has officially begun staking a portion of its treasury assets to implement the treasury policy announced last year.
On-chain data shows that the foundation has completed a deposit of 2,016 ETH, with an estimated total of about 70,000 ETH participating in staking. The staking rewards will flow back into the foundation’s treasury. This staking uses the open-source software solutions Dirk and Vouch, developed by Attestant.
Dirk, as a distributed signing tool, supports joint operation by independent entities across multiple jurisdictions, eliminating single points of failure; Vouch supports multi-client composition strategies to reduce client diversity risks. The foundation stated that its deployment architecture includes minority clients and combines managed infrastructure with self-managed hardware across multiple regions.
The Ethereum Foundation said that this move not only helps enhance the security of the Ethereum network but also provides sustainable funding for the foundation’s core operations, covering protocol development, ecosystem growth, and community grants.