Odaily Planet Daily ETH Fund Foundation Justin Drake in AMA answers ‘How many years or months will it take for the ETH Fund Foundation to run out of funds?’ Justin Drake says, ‘The financial report of the ETH Fund Foundation (EF) will be released soon. EF spends about $100 million per year. Based on the current price, the value of EF’s main Ethereum wallet is about $650 million. EF also has a Fiat Para Birimi reserve that can cover several years of operating funds. This is the least I know. As Aya mentioned, due to regulatory reasons, ETH sales were temporarily suspended, so the reserve was replenished until recently. Roughly estimated, the foundation has about 10 years of fund reserves. This fund reserve will fluctuate due to the volatility of Ethereum prices.’
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ETH Foundation AMA: EF spends about $100 million per year, with a fund reserve of about ten years.
Odaily Planet Daily ETH Fund Foundation Justin Drake in AMA answers ‘How many years or months will it take for the ETH Fund Foundation to run out of funds?’ Justin Drake says, ‘The financial report of the ETH Fund Foundation (EF) will be released soon. EF spends about $100 million per year. Based on the current price, the value of EF’s main Ethereum wallet is about $650 million. EF also has a Fiat Para Birimi reserve that can cover several years of operating funds. This is the least I know. As Aya mentioned, due to regulatory reasons, ETH sales were temporarily suspended, so the reserve was replenished until recently. Roughly estimated, the foundation has about 10 years of fund reserves. This fund reserve will fluctuate due to the volatility of Ethereum prices.’