Data: The Ethereum Foundation funded Argot with 2,469 stETH, approximately 4.34 million USD

According to on-chain analyst Yu Jin's monitoring, one hour ago, the Ethereum Foundation funded the non-profit development organization Argot with 2,469 stETH, worth approximately 4.34 million USD.

Last July, the Ethereum Foundation provided Argot with a three-year operational funding grant totaling 7,000 ETH. After receiving it, Argot sold 4,826.6 ETH at an average price of 3,194 USD, exchanging it for 15.417 million USDC.

Today, Argot received the fourth-year funding from the Ethereum Foundation, amounting to 2,469 stETH. In July next year, Argot will also receive the final fifth-year funding, also for 2,469 stETH. On-chain transactions show that the funds have been transferred to the relevant address of Argot.