The Ethereum Foundation adopts a more structured and crystal clear tax policy, which combines operating costs and cash to ether reserves and sales to strengthen its financial position because it provides for a key 18 months.

Its annual operating cost-city as the percentage of the EF treasury, the number of years of catwalk will be regularly evaluated, taking into account the dynamics of the market and the community’s contribution to ensure that the short-term operations of the Foundation remained in accordance with its long-term strategy, one of the Foundation’s directors he said June 4.

Hsiao-Wei Wang said that the Ethereum Foundation is currently 2.5 years elderly, before there is no cash, preparing the stage for a key 18 months, because it tries to deliberately implement resources and provide more ecosystem support:

“This policy reflects our belief that 2025–26 will probably be crucial for Ethereum, justifying better focus on critical reserves.”

The crazy tax policy is in line with the community loose to the unexpected sales of Ether (ETH) in recent months, a series of movements that some critics undermined trust in the foundation.

To maintain a commitment to transparency, EF will publish quarterly and annual reports presenting its resources, investment results and any significant changes in every period.

As at October 31, the Treasury Foundation sum About USD 970.2 million, divided between USD 788.7 million in cryptography to USD 181.5 million in assets other than Cypto.

Over 81% of the Foundation’s total position was ETH. Since then, ETH has fallen about 1.8%, Coingcko data can be seen.

Foundation to get more involved in DEFI

EF said that he would be aimed at “acquiring acceptable phrases” for tax assets, engaging with protocols without permission that are unchanged and thoroughly examined.

This approach allows EF to support the protocols that support what he calls “the separator rules” while strengthening his stamp position.

In February, the Foundation opened 45,000 ETH – at this time worth $ 120 million – for the distribution of various decentralized financial protocols.

He has already founded ETH and borrowed $ 2 million Stablecoin Gho (GHO) from the Aave loan report, founder of Aave, Stani Kulechov, said on May 29.

Spark and the Union were among other DEFI protocols that received support from the foundation.

Related: Ether ready for a “significant breakthrough” because the price of ETH strengthens vs. Btc

The Ethereum Foundation has been historically refrained from supporting specific protocols in order to maintain credible neutrality and avoid favoring any projects. However, this attitude aroused criticism of some ecosystem innovators, including the founder of Infinex, Kain Warwick, who accused the foundation of being anti-defi.

EF also announced the restructuring of the internal programmers team on June 2, in which some members were released.

Did not reveal how many people were affected.

Changes appear among ETH results in this bull cycle, delaying Bitcoin (BTC) and Solana (SOL), which have recently reached the ups of all time. ETH, however, remains 46.5% below the peak of November 2021 of $ 4,878.

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