TechFlow news, January 20 — According to TheBlock, Ethereum co-founder Vitalik Buterin said that the Ethereum Foundation is exploring the possibility of staking its held ether tokens.
Vitalik noted that the Foundation had previously refrained from staking due to regulatory risks and concerns over chain selection during hard forks. However, regulatory risks have now decreased, and the Foundation is seeking ways to further mitigate associated risks.
As of the end of October 2024, the Ethereum Foundation holds approximately 269,000 ETH, worth about $891 million, representing 0.26% of ether's total supply. If all holdings were staked via Lido Finance at the current yield of 2.95%, the Foundation could earn roughly $26.2 million annually, assuming ether’s price remains constant.
