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Ethereum co-founder backs unlevered ETH treasuries, commits 30K ETH to rsETH recovery, and highlights quantum-safe roadmap.

Protocol Fundamentals
06 May 2026
Crypto news
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Bullish
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At Consensus 2026, Ethereum co-founder Joseph Lubin praised Ethereum Digital Asset Treasuries (DATs) like Strategy, SharpLink, and BitMine for building long-term capital without leverage, calling them "profound innovations." He warned against risky, leveraged DATs that could harm Ethereum's ecosystem. Lubin also committed 30,000 ETH alongside Consensys to support rsETH recovery after the KelpDAO exploit, showcasing multi-party collaboration in DeFi. Additionally, he emphasized Ethereum's roadmap for transitioning to quantum-safe cryptography, contrasting it with Bitcoin's more complicated migration challenges due to its design and upgrade limitations.

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