We’ve crossed 100Ξ in protocol revenue used to buy FWA, with 30% of the purchased tokens burned (0.5% of the total supply so far). Another 2,000+ NFT purchase day. The TokenWorks buyback has also accumulated 1.1% of the token supply as a team reserve, with 270Ξ remaining.

Enter: EthCoordinate. tl;dr: EthCoordinate is a crypto-native organization born inside the EthStaker community, bringing together separate efforts under one umbrella to help with Ethereum governance coordination, support Forkcast, increase stakeholder engagement on proposed or upcoming EIPs and, of course, continue providing software, tooling, and technical support for home stakers. EthStaker started in 2020 when a loosely connected group of Ethereum enthusiasts joined efforts to speed up the development of the beacon chain. The organization steadily evolved, incorporating as a 501(c)4 nonprofit and taking up initiatives around independent participants of Ethereum's consensus mechanism, aka home stakers. Throughout the years, it has played a decisive role in coordinating the launch and operation of devnets, testnets, and mainnet hard fork upgrades; facilitating information flows and generally connecting dots that needed connecting. This year's tectonic organizational changes in the ecosystem have opened up functional gaps in Ethereum coordination. To close these gaps and continue supporting the network, EthStaker's core members are joined by mission-aligned fresh blood to aggregate efforts under one name to produce greater results than operating independently. EthCoordinate is a natural evolution of EthStaker; as Ethereum mainnet heads to its third radical consensus protocol change at a steady pace, it’s time for EthStaker to recalibrate around what Ethereum’s evolving community needs. Our mission is to facilitate interaction between stakeholders of the ecosystem to accelerate the adoption of the Ethereum network and to provide continuity for governance operations. We believe that the Ethereum mainnet is an unparalleled bedrock for the augmentation of humanity's productivity output and that ETH, the asset, is the token that aligns the incentives of all actors involved. We stand up for our values, combining technical rigor with pragmatism for Ethereum to continue being the most accessible and credibly neutral global blockchain. The team is 10 long-tenured Ethereum professionals and currently our main work streams are: ⇥ Maintain a high-quality venue for independent stakers to remain engaged and informed ⇥ Facilitate coordination around core protocol development and adjacencies ⇥ Develop and steward Forkcast, the most popular platform to track the research and engineering initiatives around Ethereum's core protocol ⇥ Facilitate research, discussion, and coordination around protocol economics in support of Ethereum's long-term economic health ⇥ Maintain open source tools and documentation used by participants of the consensus set We're energized for this chapter in Ethereum coordination & our role in it.