Ethereum Foundation Puts 70,000 ETH to Work at 2.8% Yield: What It Means for ETH Price

The post Ethereum Foundation Puts 70,000 ETH to Work at 2.8% Yield: What It Means for ETH Price appeared first on Coinpedia Fintech News The Ethereum Foundation has begun staking a portion of its treasury, depositing 2,016 ETH today as the first tranche of a broader plan to stake approximately 70,000 ETH. All staking rewards will be directed back to the EF treasury to fund protocol R&D, ecosystem development, and community grants, effectively replacing years of controversial ETH sell-offs …