Ethereum Foundation: Formulating conflict of interest policy to resolve future disputes like EigenLayer

This site (120BTc.coM): Can the core developers or researchers of the Ethereum Foundation accept the high remuneration provided by the Ethereum ecological project and become a project consultant? The topic of whether his behavior will lead to conflicts of interest and harm the interests of the Ethereum community has recently triggered heated discussions in the currency circle.

This concern was raised by the well-known crypto KOL Cobie, who believed that members of the Ethereum Foundation who hold two positions may face conflicts of interest, especially if the project may have a conflict of interest with Ethereum now or in the future. , he took the popular re-pledge protocol EigenLayer as an example.

This week, Justin Drake, a core researcher of the Ethereum Foundation who has often criticized EigenLayer, and another researcher Dankrad Feist have announced that they will serve as consultants to the Eigen Foundation in their personal capacity. Both of them admitted that they will receive a large amount of money from EigenLayer. Token.

Drake further disclosed that advisory services will allow him to receive millions of dollars worth of EIGEN token rewards within 3 years, the value of which is likely to exceed the sum of all his crypto assets (mainly ETH).

Ethereum Foundation: Formulating policies to address conflicts of interest

However, the Ethereum Foundation stated that it is accelerating the development of policies to address potential conflicts of interest that the community is concerned about. Aya Miyagotchi, executive director of the Ethereum Foundation, tweeted yesterday evening (24th) that the trustworthy neutrality of the Ethereum Foundation is crucial for us to play a role in the ecosystem. We are aware of the ongoing discussions regarding potential conflicts of interest and understand the community's concerns. Clearly relying on culture and personal judgment alone is not enough, and we have been developing formal policies to address this issue for some time. We will expedite this work and will share updates soon.

Former Ethereum developer: The Ethereum Foundation should provide "sufficient compensation"

This statement seems to be in response to Justin Drake's previous statement that the members of the Ethereum Foundation he knows are all following People with "high ethical standards" would not be said to have acted unethically even if they served as consultants on external projects. In his tweet, Drake also promised to reinvest the incentive fee into Ethereum ecological projects or make donations. If the project moves in a direction that is not conducive to Ethereum, he will also terminate his advisory position.

As for whether EigenLayer is systematically investing money to acquire members of the Ethereum Foundation, Drake said that as far as he knows, three Ethereum Foundation personnel have formal relationships with EigenLayer, one is an early investment, and two Named Eigen Foundation Consultant.

As for the community that the Ethereum Foundation charges high consulting fees and serves as an external consultant, Lefteris Karapetsas, a former Ethereum software engineer and founder of the crypto portfolio tracking tool Rotki, commented: The Ethereum Foundation These developers or researchers should be provided with "adequate compensation" so that they do not have to seek additional compensation from elsewhere.

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