Ethereum Foundation: 40% Budget Cut for Endowment Shift

Ethereum Foundation trims its budget roughly 40% this year to transition into a long-term endowment model, moving from 15% annual spend pre-2026 to a 5% target after 2030.

Vitalik Buterin detailed the cuts, noting lost protocol work on the Strawmap, reduced PSE scope, smaller Devcon events, and a shift toward AI-assisted formal verification over multi-client redundancy while preserving core ambitions in privacy and scaling.

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