Vitalik Buterin sets austerity plan for Ethereum Foundation, allocates 16,384 ETH

In a recent X post, Vitalik Buterin said the Ethereum Foundation will adopt an austerity approach and that he will take on more responsibilities, allocating 16,384 ETH over the next five years, with part staked. The Foundation retains 172K ETH, and ETH traded at $2,733.58 following a market downturn.