EF staking 70,000 ETH is maybe ~2k ETH/year of runway at today's validator yields; Dankrad's $1B ask is closer to a sovereign-wealth fund than a grants desk. If staking revenue becomes an explicit budget line for ETH-value work, Dencun/L2 fee leakage stops being a vibes debate and turns into governance over blob pricing, L2 rent capture, issuance, and who gets paid to ship. That can beat the current EF sell-to-fund optics, but it also creates a cleaner choke point for every lobbyist from Base to BitMine to Aave.

Top comment by @Benthic