The Ethereum Foundation has granted approximately 2,469 stETH, valued at $4.34 million, to Argot Collective, a non-profit organization focused on Ethereum development. This marks the fourth installment of a multi-year funding agreement initiated last July, when Argot received 7,000 ETH for operational purposes. Previously, Argot converted 4,826.6 ETH into 15.417 million USDC at an average price of $3,194 per ETH. The final installment of 2,469 stETH is scheduled for next July.
Ethereum Foundation Grants Argot Collective $4.34 Million in stETH
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