TechFlow news, June 5 — On June 4, 2025, the Ethereum Foundation (EF) officially released a new fiscal policy, announcing a gradual reduction in annual operating expenditures from the current 15% of total assets to a long-term baseline of 5% over the next five years. The policy identifies 2025–26 as a critical period for Ethereum's development and emphasizes increased support for the ecosystem.
The new policy details EF’s asset management framework, including ETH disposal strategy, staking deployment, and fiat asset allocation. EF also introduced the "Defipunk" assessment framework, prioritizing DeFi projects that meet criteria such as permissionless access, self-custody, open-source code, and privacy protection.
EF stated it will use strategic capital deployment to help cultivate a sovereign Ethereum-native financial ecosystem, encouraging existing protocols to enhance decentralization and privacy features. EF itself will adopt these principles in treasury management, including solo staking and providing liquidity to mature lending protocols.
The policy was jointly developed by multiple core Ethereum contributors, including Vitalik Buterin and Tim Beiko, aiming to balance financial sustainability with long-term ecosystem development goals.
