Ethereum Foundation Awards Argot $4.34M in stETH for 4th Year
2026-07-05 20:24

Woofun AI reports that the Ethereum Foundation has allocated a fourth-year grant of 2,469 stETH, valued at $4.34 million, to the non-profit development organization Argot. This follows a previous three-year operational grant of 7,000 ETH issued last July. Argot subsequently sold 4,826.6 ETH at an average price of $3,194, converting the assets into 15.417 million USDC. The Foundation is scheduled to issue the final fifth-year grant of 2,469 stETH to Argot next July.

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Argot
Ethereum Foundation
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