Ethereum Foundation Launches Treasury Strategy, Begins Staking $3,800,000 in ETH

The Ethereum Foundation is now staking part of its treasury stockpile of ETH. The organization says it has staked an initial deposit of 2,106 ETH worth around $3.8 million. Approximately 70,000 ETH will be staked in total, with all rewards directed back to the EF treasury. “By participating directly in consensus through solo staking, the […] The post Ethereum Foundation Launches Treasury Strategy, Begins Staking $3,800,000 in ETH appeared first on The Daily Hodl.