Stani (@StaniKulechov): I read the Ethereum Report 2024 budget report and here is whats needed to make EF sustainable:

I read the Ethereum Report 2024 budget report and here is whats needed to make EF sustainable: - Cut be burn rate from 130M to 30M right away - Cut the head count to 80 people - Review carefully who can stay. Remove executive roles, advisories, any part time roles, interns, free riders, cockroaches and parasites - Ban advisories or any conflict of interests - Ensure that 80% of the headcount is technical - All tech teams broken down to small 5-person teams with own focus areas and speciality - Leadership should be 5 people committee, merit-based, with one is chair who is VB - Part of the non-technical team is treasury management (do it in-house) - Diversify treasury into various LRSTs and also to DeFi projects and non-DeFi that have good fundamentals and are profitable and build on Ethereum - Diversify staking yields into stablecoins and supply into DeFi - Borrow from Aave to manage treasury and time sales when ETH outperforms everything else - Create a sustainable revenue model from transactions or staking fees that can fund a reasonable EF budget Currently EF has an expenses and treasury problem. Lets fix it.