The wallet, which operates on a 3-of-5 multisig structure, is located at address “0x9fC”. A transaction has been initiated to transfer 50,000 ether (ETH) to the wallet, although the foundation’s Hsiao-Wei Wang noted that delays in the signing process mean the transfer could take several days to complete.

The foundation confirmed its intention to use the wallet for engaging with the defi ecosystem and stated that it has already executed a test transaction on the lending protocol Aave. According to the announcement, the foundation plans to gradually migrate additional funds to the Safe wallet, citing its strong security track record and user-friendly experience.

This update marks another step in the foundation’s ongoing efforts to manage its treasury efficiently and leverage defi tools. Further developments related to this transition are expected, and the Ethereum Foundation’s Wang encouraged stakeholders to stay tuned for updates.

The Ethereum Foundation (EF) has faced challenges like criticism over ETH sales to fund operations, declining ecosystem activity, and competition from rival blockchains like Solana. Leadership restructuring aims to improve transparency and collaboration while staking its $1 billion ETH raises neutrality concerns. Efforts to boost community engagement and define Ethereum’s unique value proposition remain critical for sustaining its dominance.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。