Ethereum Foundation Doubles Down on DeFi While Tightening Treasury Belt
The Ethereum Foundation just dropped a bombshell—its treasury will now actively back decentralized finance projects while slashing operational spending. No more blank checks.
This isn't just belt-tightening—it's a strategic pivot. The foundation's moving from patron to partner, betting big on DeFi's ability to outperform traditional finance (where 0.01% APY still somehow counts as 'high yield').
Expect grants to dry up as the foundation shifts toward targeted investments. The message? Build something that earns—or find another sugar daddy.
