The Ethereum Foundation (EF) has completely reformed its grant program, shifting from an open application model to a new funding approach under its ecosystem support program.
According to a blog post on Monday, grants will now be allocated through two main channels: one is a wishlist outlining the focus areas set by the foundation, and the other is a request for proposals (RFPs) targeting specific needs within the Ethereum ecosystem.
The foundation stated that the previously open grant program, which was paused earlier this year, stretched the foundation's resources thin. The new model will take a more selective approach, directing funds to clear ecosystem priorities in coordination with internal teams.
"The previous open grant program successfully supported hundreds of projects that contributed key building blocks to Ethereum," the foundation said, adding that the growing volume of applications limited its ability to pursue "strategic opportunities."
The first round of wishlist projects and RFPs is now live, covering areas such as cryptography, privacy, security, and community growth.
The Ethereum Foundation launched its grant program in 2018 to support builders contributing to the ecosystem. According to foundation data, 105 projects and initiatives received approximately $3 million in support in 2024.
The announcement of the grant program reform came less than a week after the Fusaka upgrade went live on Ethereum's final testnet, Hoodi.
The Fusaka upgrade introduces several Ethereum Improvement Proposals (EIPs), including EIP-7594 or PeerDAS, which allows validators to access smaller data fragments from layer two networks instead of entire data blocks, enhancing node performance and scalability.
It also includes EIPs 7825 and 7935, aimed at increasing gas limits and enhancing performance, as Ethereum moves towards parallel execution, a key part of the blockchain roadmap that will allow multiple transactions to run simultaneously.
This fork had previously gone live on the Holesky and Sepolia testnets and is expected to launch on the mainnet on December 3.
The last major upgrade on Ethereum, Pectra, was successfully launched on May 7, improving staking efficiency and introducing wallet enhancements to enhance user experience.
Related: Balancer allegedly attacked: $70 million in staked Ethereum (ETH) tokens transferred to a new wallet.
Original article: “Ethereum Foundation Reforms Grant Program Under New Funding Approach”
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