Svmuu News: According to on-chain analyst Yu Jin, one hour ago, the Ethereum Foundation disbursed 2,469 stETH—worth $4.34 million—as part of its fourth-year grant to Argot, a non-profit development organization (Ethereum).
Last July, the Ethereum Foundation provided Argot with 7,000 ETH in three-year operational funding. After receiving the funds, Argot sold 4,826.6 ETH at an average price of $3,194, converting them into 15.417 million USDC.Next July, the Ethereum Foundation will disburse the final installment of the fifth-year grant to Argot, amounting to 2,469 stETH.
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Ethereum The Foundation awarded Argot its fourth-year grant, consisting of 2,469 stETH worth $4.34 million.
svmuu.com05/07/2026 08:29
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