PANews reported on February 24th that the Ethereum Foundation announced it has begun staking a portion of its ETH treasury reserves in accordance with its previously announced treasury strategy. Initially, 2016 ETH were staked, with a planned total staking of approximately 70,000 ETH . The staking proceeds will flow back into the Foundation's treasury. This staking utilizes the open-source software Dirk and Vouch provided by Attestant . It mitigates single-point-of-failure risks through distributed signatures, multi-jurisdictional operations, and a hybrid deployment of self-custody and custody infrastructure. A limited number of clients are used to enhance Ethereum network security, while simultaneously providing financial support for core operational activities such as protocol development, ecosystem growth, and community funding.


