Golem has launched an ecosystem fund and staked 40,000 ETH 8 hours ago.

PANews reported on July 11th that the Golem ecosystem fund has been officially launched, as announced on the official Twitter account of Golem Network. Golem has ceased the sale of ETH and staked 40,000 ETH (worth $1.246 billion) 8 hours ago. The plan aims to accelerate the development of the Golem network and its ecosystem by providing resources for developers, researchers, entrepreneurs, and innovators, while supporting creative ideas for enhancing the Ethereum ecosystem and decentralized computing. Contributors will receive 75% of the staking pool rewards, which will be adjusted based on project performance, with the initial projects being jointly evaluated by the Golem community and team.