Golem Foundation executive Julian Zawistowski said the foundation has staked 100,000 ETH since 2023. Zawistowski said the foundation distributes staking rewards to GLM holders who participate through Octant and supports the development of Ethereum public goods. According to Zawistowski, Golem’s token sale on November 11, 2016, raised approximately 820,000 ETH in less than 30 minutes.