以太坊基金會 (EF) 報告，2024 年版

了解有關 EF、我們最近的工作、以太坊資助者生態系統、新組織和政策的更多資訊。

The Ethereum Foundation (EF) has released its annual financial report for 2024, showcasing substantial holdings and a commitment to transparency and long-term sustainability.

以太坊基金會 (EF) 發布了 2024 年年度財務報告，展示了其大量持股以及對透明度和長期可持續性的承諾。

Key Highlights:

主要亮點：

EF Holdings: As of October 31, 2024, the EF treasury holds approximately $970.2 million, including $788.7 million in crypto assets and $181.5 million allocated to non-crypto investments and assets. Of the EF’s crypto holdings, nearly 99.45% is in Ethereum (ETH), amounting to 0.26% of the total circulating supply of ETH.

EF Holdings：截至 2024 年 10 月 31 日，EF 金庫持有約 9.702 億美元，其中包括 7.887 億美元的加密資產和分配給非加密投資和資產的 1.815 億美元。在 EF 持有的加密貨幣中，近 99.45% 是以太幣（ETH），佔 ETH 流通總量的 0.26%。

Conservative Treasury Management: In the report, the EF highlights its conservative approach to treasury management, which aims to weather market volatility and ensure the availability of resources during extended market downturns. “We choose to hold the majority of our treasury in ETH. The EF believes in Ethereum’s potential, and our ETH holdings represent that long-term perspective,” the report states.

保守的資金管理：在報告中，歐洲貨幣基金強調了其保守的資金管理方法，旨在抵禦市場波動並確保在市場長期低迷期間資源的可用性。 「我們選擇將大部分資金存放在 ETH 中。 EF 相信以太坊的潛力，而我們持有的 ETH 代表了這一長期前景。

To sustain this approach, the EF “periodically” sells portions of its ETH holdings, building up fiat reserves during bullish market conditions to finance spending needs during bearish phases.

為了維持這種方法，EF「定期」出售其持有的部分 ETH，在牛市期間建立法定儲備，以在熊市階段滿足支出需求。

Conflict Of Interest Rules For Staff Members Tightened: The Ethereum Foundation is also introducing enhanced measures to address potential conflicts of interest among its team members. According to the updated policy, EF staff members, or “EFers,” may engage in external work but must disclose their involvement and seek approval from their team leads.

員工利益衝突規則緊縮：以太坊基金會也推出了強化措施來解決團隊成員之間潛在的利益衝突。根據更新後的政策，EF 員工或「EFers」可以從事外部工作，但必須揭露其參與情況並尋求團隊領導的批准。

For engagements with a total value exceeding $25,000 annually, a review by an internal discussion group is mandated. The policy specifically prohibits EF staff from accepting compensation in illiquid assets with uncertain market value, such as advisory token packages for pre-launch projects, unless a rare exception is granted.

對於每年總價值超過 25,000 美元的業務，必須由內部討論小組進行審查。該政策明確禁止 EF 員工接受市場價值不確定的非流動性資產的報酬，例如啟動前專案的諮詢代幣包，除非有罕見的例外。

Ecosystem Funders, New Organizations, and Policies: The report highlights the foundation’s primary mission to fund and support public goods for the Ethereum network. Expenditures in 2023 included $47.4 million dedicated to “new institutions” aimed at boosting the ecosystem, a significant increase from $28.6 million in 2022.

生態系統資助者、新組織和政策：報告強調了基金會的主要使命是資助和支持以太坊網路的公共產品。 2023 年的支出包括專門用於旨在促進生態系統的「新機構」的 4,740 萬美元，比 2022 年的 2,860 萬美元大幅增加。

Moreover, the EF invested $34.7 million in Layer 1 research and development, up from $32.1 million in the previous year.

此外，EF 在 Layer 1 研發上投資了 3,470 萬美元，高於去年的 3,210 萬美元。

“EF’s long-term thinking keeps us focused on supporting a sustainable and open ecosystem,” said Aya Miyaguchi, the executive director of the Ethereum Foundation. “We’re more committed than ever to planting seeds that may only mature years down the line, ensuring Ethereum’s resilience and collaborative growth.”

以太坊基金會執行董事 Aya Miyaguchi 表示：“EF 的長期思維使我們專注於支持可持續和開放的生態系統。” “我們比以往任何時候都更加致力於播下可能幾年後才會成熟的種子，以確保以太坊的彈性和協作增長。”