the leading independent funding organization for +180 Ethereum core devs 🌿 stewarding our shared resources

Ethereum Commons
The final hours to allocate to @OctantApp Epoch 12 projects are here⌛️ Back Protocol Guild to support nearly 200 protocol contributors with the critical funds needed to predictably deliver mainnet upgrades
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🎧 Hear @Arnaudschenk from 1% Pledge contributor @aztecFND discuss the unique characteristics Aztec brings to Ethereum
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Protocol Guild is excited to announce that all members will receive complimentary @Keycard_ Shell hardware wallets The tools they rely on should reflect the same values they bring to their work: open source, self-custodial, and uncompromising on security
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739 years of combined experience contributing to core protocol work 📈 Nearly 200 members have collectively spent over 7 centuries building, maintaining, and improving Ethereum Commons expertise at scale
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Play the @megapot daily lottery and support Ethereum core development 🎟️ A portion of ticket purchases and their winnings made via Protocol Guild’s page go toward supporting the stewards of L1 upgrades Jackpots win ~$200k for ticket holders and ~$20k for Protocol Guild
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3/ Protocol Guild’s membership now sits at 196 - including 12 new members and 3 alumni - a net increase of 9 (+4.8%) since last quarter
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🎧 Hear @Arnaudschenk from @aztecFND discuss the value in a given project taking the Protocol Guild Pledge
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1/ Announcing Protocol Guild's partnership with @megapot to drive recurring funding to Ethereum core development via lottery contests A portion of new and future ticket purchases (+ contest winnings) made via PG’s Megapot page go toward supporting the stewards of L1 Ethereum
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A huge shout out to the projects funding Ethereum's core 🫡 Without them, Protocol Guild doesn't exist. And neither do L1 dependencies the broader ecosystem relies on
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🔊 Hear @Arnaudschenk of @aztecnetwork discuss Ethereum's ambition problem and the decision for @aztecFND to contribute 1% of AZTEC token supply to the stewards of Ethereum core development
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1/ We're thrilled to welcome @AztecFND as the latest project to take the 1% Pledge 🎉 1% of the AZTEC token supply has been deposited into Protocol Guild's 4-year vesting contract to support 187 Ethereum core contributors across client teams, research, and coordination
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Protocol Guild has distributed $38M to Ethereum's core contributors since May 2022 59% say it's very or extremely important to their decision to keep building The 1% Pledge asks projects launching tokens to donate 1% of supply to the people who make Ethereum possible
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1/ Protocol Guild has upgraded to @AgoraGovernance: deploying a new Governor contract, membership NFT, and full Governance Stack This moves full control of our split contract to the DAO, reducing multisig dependencies and advancing our mission of becoming fully onchain
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40%+ of Ethereum's core protocol contributors received job offers that would more than double their pay on average
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There's a broken value loop between the builders of Ethereum mainnet and the value they create Let's fix it
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187 individuals from 30+ teams and 11 independent institutions around the world are directly responsible for building and maintaining Ethereum's core protocol The ecosystem has an irrefutable dependency on these core protocol contributors for Ethereum reaching its endgame
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⌛️ Reminder: The Ethereum Security QF round is live on @Giveth, powered by @thedaofund Please consider donating to Protocol Guild in support of the individuals maintaining and upgrading Ethereum L1 Your impact is multiplied by matching funds!
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The biggest addition to Ethereum's 2026 roadmap: privacy as an explicit endgame goal Privacy isn't optional for Ethereum. It's a prerequisite to onboard the entire world
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Ethereum's Core Protocol Development Endgame: ✨ 10K TPS on L1 ✨ 10M TPS on L2 ✨ Post-quantum ✨ Private ✨ Built to last
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All Ethereum security is downstream of core development Please consider supporting Protocol Guild as a part of the @thedaofund x @Giveth Ethereum Security Quadratic Funding Round
If you’re tired of watching exploits dominate the timeline, this is your moment to act. The Ethereum Security QF Round is LIVE! Support the people and projects securing Ethereum and its L2s. 500 ETH (~$1M+) in matching from @thedaofund. Explore & donate: qf.giveth.io/qf/ethereum-sec…
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Unpacking Ethereum's medium term roadmap 🗺️ Hegota, the mainnet upgrade following the forthcoming Glamsterdam hardfork, will be headlined by Fork Choice Inclusion Lists (FOCIL) among other feature considerations 📺
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Since 2022, Protocol Guild has distributed more than $38 million to the contributors maintaining and upgrading Ethereum L1 🏗️
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The second headliner from the upcoming Glamsterdam upgrade is Block Level Access Lists (BALs), which introduces parallelization for increased throughput
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What is Enshrined Proposer-Builder Separation (ePBS)? @cheekygorilla0x unpacks the first headliner from Ethereum's next upgrade, Glamsterdam
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Protocol Guild distributed >$46k to the median member over the last 12 months 💰
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Ethereum core devs have a new mandate in 2026: 'Harden the L1' Here's what that actually means:
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59% of core developers find Protocol Guild 'Very' or 'Extremely important' for their continued decision to work on Ethereum L1
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2025 was the most productive year for Ethereum core development EVER 📣: @cheekygorilla0x 📍: @EthCC
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📺 Watch: Protocol Guild's @cheekygorilla0x presented 'Maintaining Ethereum's Future' at @EthCC piped.video/watch?v=0Mzne044…
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1/ PG is honored to welcome @shape as the latest project to complete the 1% Pledge 🎉 Shape is an NFT-focused L2, built to sustain and reward onchain artists, builders, and creators ⚫️ This commitment supports the core contributors stewarding Ethereum's base layer long-term
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Protocol Guild members will receive tickets to this year’s @EthPrague [May 8-10] Protocol Guild is grateful for this recognition of the core contributors whose day-to-day work keeps Ethereum's infrastructure intact
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Adequate funding for core developers is a defense against capture It's also a competitive advantage for attracting top talent over other chains and web2 incumbents
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The in-protocol funding design space is complex Proposals include redirecting validator yields or the burn, each with tradeoffs impacting yield or monetary policy Any mechanism needs clear checks and balances and beneficiaries must be sufficiently derisked
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Where does the funding for producing Ethereum come from in the future? The Ethereum Foundation cannot be solely responsible for funding core development in perpetuity
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Unlike Bitcoin's declining security budget, Ethereum's problem of sustainable and scalable funding for core development is an existential problem here today
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Protocol Guild X @EthCC: our membership will receive tickets to this year’s event in Cannes! This meaningful gesture ensures the people building Ethereum's core protocol can be part of the conversation 🤝 thank you for the support
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Core developer compensation must be raised and also include upside exposure
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Survey data from core contributors (112 respondents) shows most salaries are around $100k-$200k However, the salaries are 50-60% below cash offers in the market, With an even larger risk comp gap We can't count on values to bridge the core developer compensation gap forever
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Underfunding core development weakens Ethereum security 📺:
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Since 2022, various sponsors and funders have recognized their role in supporting Ethereum's collective shared resource environment This commitment has translated to more than $37 million distributed directly to individuals over the past 4 years 📈
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Ethereum is a shared reality, but not all EIPs are embraced Contentious changes have been set for release but rejected by the community Future challenges include more stakeholders in governance and determining if ossification is desirable for institutional adoption
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Ethereum is built for users 🌐
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3/ Protocol Guild’s membership now sits at 187 - including 11 new members and 8 alumni - a net increase of 3 (+1.6%) since last quarter
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Protocol Guild is a collective endowment for core developers 🛠️ It has ~185 members from various entities and functions as a large collective body The stability of this group is crucial for shipping upgrades, maintaining security, and scaling the chain
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Validators and nodes are key to Ethereum checks & balances
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Here is a snapshot of the Ethereum political economy, showing the various individuals, projects, and organizations working on core development today The Ethereum Foundation is a big participant, but not the only one Funding paths vary
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Hear @trent_vanepps on @SustainOSS discuss the vital role of Protocol Guild in funding core protocol developers and addressing systemic issues of under-compensation in open-source projects ↓ podcast.sustainoss.org/previ…
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Upgrades like Fusaka & Glamsterdam include a bundle of EIPs These upgrades are complex, requiring validator and node operators to update their software Releases are finalized via rough consensus, tested on testnets, then moved to the Mainnet
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Underfunding open-source software is a longstanding problem that leads to large scale compromises A Harvard paper showed the cost to recreate all open-source software is $1B to $6B but its downstream value is $2.5T to $13T
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Ethereum advances its software through EIPs and "rough consensus"
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A lot of value has built up in Ethereum's system, but the value loop isn't closed, meaning it doesn't cycle back to the core developers that make the network run
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Ethereum's ecosystem must find a way to adequately fund foundational contributors to its software production
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Join us for a livestream with @ShutterNetwork this evening at 1:00 AM UTC / 8:00 PM EST to discuss their completion of the Protocol Guild Pledge and more!
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1/ We're honored to welcome @ShutterNetwork as the latest project to take the 1% Pledge Shutter is bringing encrypted mempools to Ethereum mainnet This commitment supports the core contributors stewarding Ethereum's base layer for the long-term
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2 yrs ago @TimBeiko introduced the Protocol Guild Pledge, a norm of 1% of tokens routed to the individuals stewarding Ethereum L1 R&D This norm, with pledges from @EtherFi, @eigenfoundation, @taikoxyz, and others, has strongly contributed to PG's YoY funding distributed growth
Introducing the Protocol Guild Pledge: with a commitment from Ethereum ecosystem projects to donate 1% of their native tokens to @ProtocolGuild, I believe we can align incentives between L1 R&D work and the rest of the crypto ecosystem ⛓️🛡️ tim.mirror.xyz/srVdVopOFhD_Z…
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Ethereum: dependable, resilient, ecological software Built and shaped by people who care
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In 2025, Protocol Guild grew funding distributed to members YoY for the 4th consecutive year
1/ Protocol Guild’s Annual Report is live 2025 marked 10 years of Ethereum with 0 downtime For PG membership, it represented a year of unprecedented progress, while the mechanism improved governance, storytelling, and evolved its funding posture Here’s the breakdown ↓
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The long-term dynamic between Ethereum values vs. capital & commercial interests
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11/ 🎨 Storytelling: PG underwent a rebrand in early 2025 including new logo, brand identity, website & blog The first-ever Core Dev Compensation Report surfaced quantitative evidence of the underfunding problem and was widely circulated including significant media coverage
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10/ 🏛️ Institutional upgrades: In 2025 we upgraded to @0xsplits v2.1 and moved funding control to the DAO via upgraded @agoragovernance infra
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