Summary
The Ecosystem Stewards have allocated $832k for H1 2025. Current multisig balances cover expected expenditures.
Budget Breakdown
Category | USDC | ETH | Total ($) |
---|---|---|---|
Hackathons | 300k | - | 300k |
Grants | 200k | 10 | 232k |
Bug Bounty | 100k | - | 100k |
Audit Support | 100k | - | 100k |
Other | 100k | - | 100k |
Total | 800k | 10 | 832k |
Hackathons
In 2025, we plan to participate in the following hackathons:
- ETHGlobal Taipei β April
- ETHGlobal Cannes β July
- ETHGlobal New York β August
- ETHGlobal New Delhi β September
- ETHGlobal Devconnect β November
Hackathon costs cover sponsorships and prizes. For major partners like ETHGlobal, fees are prepaid annually, resulting in most hackathon spending occurring in the first half of the year.
Bug Bounty Program
The bug bounty program moved to Immunefi in 2024. The Ecosystem Working Group will replenish Immunefiβs funds up to $250k as needed.
Grants
Grants are divided into three categories:
- Direct Builder Grants: Support for developers based on retroactive value delivered.
- Gitcoin: Funding to support the matching pool.
- Drips for Key Libraries: Ongoing support for essential libraries.
Audit Support
Open source ENS projects are enhanced by audits, primarily aimed at protocol-level improvements.
Other
Catch all category that includes IRL events, support mods, and the newsletter.
Balances as of January 28, 2025
Multisigs | USDC | ETH | Total ($) |
---|---|---|---|
Main Ecosystem Wallet | 705k | 36.5 | 820k |
Hackathon | 10k | 9.8 | 41k |
IRL | 64k | - | 64k |
Newsletter | 15k | - | 15k |
Total | 794k | 46.3 | $940k |
Balance information can be found at https://enswallets.xyz/
1ETH = 3,150 USDC