Ethereum co-founder Vitalik Buterin shared new information about the Ethereum Foundation’s 2023 expenses and his own salary.
Ethereum Foundation’s Expenses
In a post on his X account, Vitalik Buterin provided a breakdown of the primary spending categories. The largest portion, 36.5%, was allocated to 'New Foundations,' including organizations such as Nomic Foundation, The DRC, L2Beat, and 0xPARC. Besides this, investments were directed towards tier-1 research and development, accounting for 24.9% of the budget, and community development, which received 12.7%.
Buterin's Salary Disclosure
Buterin also disclosed his annual salary, set at SGD 182,000, equivalent to approximately $134,000. This aids in the transparency of Ethereum’s financial operations.
Ethereum Market's Status
Ethereum’s market shows mixed signals. While the price dropped by 4.94%, the options trading volume rose by 62.47%.
The disclosure of Ethereum Foundation’s expenses and Vitalik Buterin's salary enhances the organization's transparency and provides a clear insight into the current market status.
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