Stani on optimizing the EF budget

Stani argues that the Ethereum Foundation needs to cut its budget and restructure to become sustainable, and he lists specific changes. He proposes reducing the burn rate from 130M to 30M immediately and cutting headcount to 80, with at least 80% of staff in technical roles. He also suggests organizing tech teams into five-person groups, forming a five-person merit-based leadership committee, and managing treasury in-house while diversifying it, including into DeFi and staking-yield strategies. He concludes that the foundation should create a revenue model based on transaction or staking fees to fund a reasonable budget.