Ethereum Foundation grants Argot fourth-year funding of 2,469 stETH worth $4.34 million
Odaily reported, according to on-chain analyst Yujin's monitoring, 1 hour ago, Ethereum Foundation issued the 4th year funding to Ethereum nonprofit development organization Argot, totaling 2,469 stETH, valued at 4.34 million US dollars.
Last July, Ethereum Foundation provided Argot with 3 years of operational funding support totaling 7,000 ETH. After receiving it, Argot sold 4,826.6 ETH at an average price of 3,194 US dollars each, converting it into 15.417 million USDC. Next July, Ethereum Foundation will issue the final fifth year funding to Argot, amounting to 2,469 stETH.
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