The Ethereum Foundation will finance projects for ethereum 2.0 network stacking.

The Ethereum Foundation plans to sponsor projects that will work in the Ethereum 2.0 stacking ecosystem.

The Ethereum Foundation invites teams that develop tools for broadcast stacking to apply for a grant. Applications will be accepted until 22 December.

“The essence of the programme is to contribute to the development of the community of developers and validators of etherium 2.0,” said the Foundation. “Ideas and projects at any stage of development are welcome”.

It is expected that the etherium 2.0 network with stacking support will be launched on 1 December if at least 524 288 ETH is transferred to a deposit contract.

However, at the moment only 95,136 ETH have been transferred to the contract. Holders of ETHs are probably not in a hurry to transfer their assets, as they currently have little incentive to block the airwaves that can be used, for example, in decentralised finance (DeFi) protocols.

Validators will only be able to withdraw their assets back when the airwaves fully switch to Proof-of-Stake or when the PoW network of the airwaves becomes one of the shards of airwaves 2.0.