<\/p>\n
Ethereum (ETH) co-founder Vitalik Buterin said the Ethereum Foundation will reduce its budget by roughly 40% and shift toward a leaner, endowment-style model, in a restructuring that cuts 54 roles and reshapes how the organisation funds the network\u2019s development.<\/p>\n
The Foundation aims to lower its annual spending from about 15% of its treasury assets to around 5% after 2030, a level Buterin said would let it support Ethereum through extended market downturns without relying on short-term token sales or favourable conditions.\u00a0<\/p>\n
The 54 departures amount to roughly 20% of the workforce and follow a months-long internal review.\u00a0<\/p>\n This year, the EF is decreasing its budget by roughly 40%, which entails some difficult decisions. The goal of the decreases was set out in the Treasury Management Policy last year: the EF is transitioning into being a long-term-oriented endowment-based organization, shifting\u2026<\/p>\n \u2014 vitalik.eth (@VitalikButerin) June 23, 2026<\/p><\/blockquote>\n<\/div>\n<\/figure>\n Read more: Schwab Bets Big on Prediction Markets \u2013 But Keeps It Strictly Wall Street<\/strong><\/p>\n The cuts arrive alongside a broader leadership shakeup, including the resignation of co-Executive Director Hsiao-Wei Wang, which brought the number of senior departures since January to nine. Remaining work will be organised around five divisions covering Ethereum\u2019s protocol, access, users, community and institutional adoption.<\/p>\n Buterin was candid about the cost. He praised the departing staff as dedicated engineers and researchers, some of whom had worked on Ethereum for nearly a decade, and declined to frame their exits as efficiency gains. \u201cThere was much that is lost,\u201d he said.<\/p>\n The reset also redirects technical priorities. The Foundation will favour specialisation over maintaining several client teams mainly for redundancy, lean on AI-assisted formal verification to reduce development resources, and continue zero-knowledge research focused on protocol implementation.\u00a0<\/p>\n Its Privacy and Scaling Explorations unit will be wound down as a standalone group, and its Devcon conference will become smaller and less expensive. The Foundation also plans to reduce large external project funding and narrow the scope of its institutional work as it concentrates resources on the core protocol.<\/p>\n Underpinning the changes is a philosophy Buterin described as \u201csoft lean and done,\u201d emphasising security fixes over new features and drawing on Bitcoin\u2019s conservative approach rather than treating Ethereum as an ever-expanding software project.\u00a0<\/p>\n Related: Bitcoin Microtransactions Surge to 80% of Network Activity as Ordinals and Runes Fuel Onchain Growth<\/strong><\/p>\n<\/p><\/div>\n Ethereum,Vitalik Buterin#Vitalik #Buterin #Unveils #Ethereum #Foundation #Budget #Cut #Push #Leaner #Future1782286779<\/p>\n","protected":false},"excerpt":{"rendered":" Ethereum co-founder Vitalik Buterin said the Ethereum Foundation will cut its budget by roughly 40% and move to a long-term endowment model. The restructuring eliminates 54 roles, about 20% of the workforce, and reorganises remaining work into five divisions spanning protocol, access, users, community and institutional adoption. The Foundation aims to lower annual spending from<\/p>\n","protected":false},"author":1,"featured_media":10149,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[1994,774,2888,31,1266,2036,5132,890,2224,847],"class_list":["post-10148","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-budget","tag-buterin","tag-cut","tag-ethereum","tag-foundation","tag-future","tag-leaner","tag-push","tag-unveils","tag-vitalik"],"yoast_head":"\n\n
A Leaner Foundation<\/h2>\n