Ethereum Foundation Announces New Financial Policy: Focus on Sustainability and DeFi Ecosystem Development, Reduce Annual Operating Expenses

According to a report by Jinse Finance, the Ethereum Foundation (EF) has released its latest financial management policy, clearly stating its commitment to strengthening the Ethereum ecosystem and promoting its long-term sustainable development. The policy focuses on: managing assets prudently, ensuring support for innovation in the DeFi sector, and managing finances with transparency and accountability. Specifically, in the DeFi ecosystem, EF will enhance security and privacy protection through periodic ETH sales and deployments, promoting the development of decentralized protocols in line with the "Defipunk" philosophy. Additionally, EF plans to gradually reduce annual operating expenses to a long-term benchmark of 5% and allocate financial resources for long-term Ethereum ecosystem support and strategic capital allocation.