Ethereum Foundation responds personally: How much funding is left and how many years can it last?

According to previous reports by Zombiet, the budget topic of the Ethereum Foundation has been widely discussed in the cryptocurrency community since transferring 35000 ETH to the Kraken exchange.

The Ethereum Foundation was also asked about its financial reserves during its 12th AMA on Reddit today. In response, core researcher Justin Drake stated that the foundation's financial report should be released soon. The current annual budget is approximately $100 million. In addition, at current prices, the Ethereum Foundation's main Ethereum wallet still holds approximately $650 million worth of ETH.

In addition, the Ethereum Foundation has a fiat currency reserve that can support several years of operating capital, but Justin Drake stated that he has the least information on this part, and as Aya Miyaguchi, the Executive Director of the Ethereum Foundation, previously stated, ETH sales were temporarily suspended due to regulatory reasons, so this reserve was only recently replenished (i.e. transferred 35000 ETH to the Kraken exchange at that time).

Justin Drake concluded that, roughly estimated, the Ethereum Foundation still has about 10 years of operating capital reserves. This reserve will fluctuate significantly with changes in ETH prices.

In addition, Ethereum founder Vitalik Buterin also responded by saying:

The current rough budget strategy is to spend 15% of our remaining funds annually. This means that EF can operate permanently under default conditions, but over time, as part of the entire ecosystem, its impact will become smaller and smaller