Salary

<ul class="wp-block-list news-points"> 
 <li><strong>Vitalik Buterin disclosed that 36.5% of the Ethereum Foundation’s 2023 budget was allocated to new foundations.</strong></li> 
 <li><strong>Buterin’s annual salary is set at SGD 182,000, approximately $134,000, providing transparency on Ethereum’s financial operations.</strong></li> 
 <li><strong>Ethereum’s market shows mixed signals with a 4.94% price drop and a 62.47% rise in options trading volume.</strong></li> 
</ul> 
<p><a href="https://coinedition.com/ethereums-parasitic-relationship-with-l2s-experts-take/">Ethereum</a> (ETH) co-founder Vitalik Buterin shared new information about the Ethereum Foundation’s 2023 expenses and his own salary. Buterin, known for influencing the market with his posts, provided a detailed breakdown of the Foundation’s spending.</p> 
<p>In a post on his X account, Buterin outlined the primary spending categories. The largest portion; 36.5%, was allocated to “New Foundations,” including organizations such as the 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%.</p> 
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   <p lang="in" dir="ltr">182,000 SGD per year</p>— vitalik.eth (@VitalikButerin) <a href="https://twitter.com/VitalikButerin/status/1828418559875101058?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 27, 2024</a>
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<p>Buterin also disclosed his annual salary, set at SGD 182,000, equivalent to approximately $134,000. This…</p>
<p>The post <a href="https://coinedition.com/vitalik-buterin-reveals-ethereum-foundations-2023-expenses-and-his-salary/">Vitalik Buterin Reveals Ethereum Foundation’s 2023 Expenses and His Salary</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Vitalik Buterin Reveals Ethereum Foundation’s 2023 Expenses and His Salary

Coin Edition

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