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Ethereum Foundation 2024 Report

The report details core values, spending allocations, treasury holdings and the non-profit's role in supporting the Ethereum ecosystem.

Quick Take

  • Ethereum Foundation releases its 2024 report.

  • Fileverse releases a Devcon Collab Portal.

  • Blockscout launches a Merits Program.

  • Puffer Finance launches UniFi on tetsnet.



Ethereum Foundation 2024 Report

The Ethereum Foundation published its 2024 report, outlining its non-profit role in supporting the Ethereum ecosystem through funding, development, and education. Guided by three core values—long-term thinking, subtraction, and stewardship of open-source values—the EF aims to enable sustainable ecosystem growth. The report details spending allocations and treasury holdings, noting that the EF allocated $105.4M in 2022 and $134.9M in 2023 across internal teams and broader ecosystem initiatives. The EF’s treasury stands at $970 million, with the majority held in ETH. The report also highlights a conflict of interest policy, which sets guidlines for EF members to manage and disclose conflicts.

Fileverse Releases Devcon Collab Portal

Fileverse, an onchain file-sharing platform, launched the Devcon Collab Portal, a community hub for Devcon SEA attendees to build and access a communal knowledge base. The hub enables users to create posts, message other attendees directly, browse talks, submit resources, and explore details about Devcon community hubs. With support for decentralized identities like ENS, users can easily connect and interact with each other while retaining control over their digital identity. Fileverse offers a range of tools for managing onchain files, including uploading, sharing, setting privacy options, and making files accessible through IPFS.

Blockscout Launches Merits Program

Blockscout launched the Blockscout Merits Program, a gamified reward program aiming to incentivize user engagement in open-source, decentralized block exploration. Users can earn "Merits" by completing daily tasks, joining campaigns, using Blockscout tools like Swapscout, and referring friends. In addition to Merits, users can earn NFT Badges with varying rarities, awarded for special achievements. The badges can be displayed in the Merits Dashboard and can be traded in secondary markets. Blocksout plans to introduce a leaderboard and partner campaigns, aiming to help users learn and explore Blockscout.

Puffer Launches UniFi Tetsnet

Puffer Finance launched UniFi, its Layer 2 based rollup solution, on testnet, initially open to builders. UniFi provides sub-second transaction speeds and near instant asset withdrawals. As a based rollup, it uses Ethereum L1 validators for transaction sequencing. In its mainnet release, Puffer plans to introduce atomic composability, allowing users to execute instant cross-layer interactions between L1 and L2 within a single Ethereum block.

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