Market
What level of engagement will Ethereum Foundation's multisig wallet have in DeFi projects by the end of 2025?
3
Resolution / Starting Odds
High engagement • 25%
Moderate engagement • 25%
Low engagement • 25%
No engagement • 25%
Ethereum blockchain transactions and DeFi project reports
Story
Ethereum Foundation Allocates 50,000 ETH to New Multisig Wallet for DeFi Amid Leadership Changes
Jan 20, 2025, 08:51 PM
The Ethereum Foundation has announced the allocation of 50,000 ETH, valued at approximately $165 million, to a new 3-of-5 multisig wallet to participate in the Ethereum decentralized finance (DeFi) ecosystem. This move is part of a broader strategy to support DeFi projects and enhance the foundation's engagement with the Ethereum community. The wallet, established using Safe, has already conducted a test transaction on Aave, indicating the foundation's intent to actively engage in DeFi. The decision comes amidst a backdrop of leadership changes at the Ethereum Foundation, aimed at improving technical expertise, communication, and support for app builders within the Ethereum ecosystem.
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No • 50%
Yes • 50%
Collaborative • 25%
Other • 25%
Aggressive lobbying • 25%
Non-engagement • 25%
Compound • 25%
Other • 25%
MakerDAO • 25%
Uniswap • 25%
Developer Support • 25%
Technical Development • 25%
Decentralization Initiatives • 25%
DeFi Engagement • 25%
DeFi development • 25%
Other • 25%
Security enhancements • 25%
Scalability solutions • 25%
ETH price decreases by over 20% • 25%
ETH price increases by over 20% • 25%
ETH price changes between -20% and +20% • 25%
No significant impact • 25%
Chief Operating Officer • 25%
Chief Technology Officer • 25%
Chief Strategy Officer • 25%
Other • 25%
Community Engagement Lead • 25%
Other • 25%
Technical Lead • 25%
DeFi Strategy Lead • 25%
No significant policy shift • 25%
Focus on decentralization • 25%
Increased regulatory engagement • 25%
Enhanced community engagement • 25%