Ethereum Foundation Allocates 45,000 ETH to DeFi Protocols
- The Ethereum Foundation distributed 45,000 ETH, valued at approximately $120 million, across four DeFi platforms.
- Aave Core received the largest allocation of 20,800 ETH.
- Spark and Aave Prime each received 10,000 ETH.
- Compound was allocated 4,200 ETH.
- Vitalik Buterin remains the sole decision-maker during the foundation’s restructuring process.
The Ethereum Foundation has deposited a significant amount of its holdings into various DeFi protocols as part of its treasury management strategy. This move follows community feedback urging greater involvement in decentralized finance activities. Vitalik Buterin continues to lead decision-making amid ongoing organizational changes.
Source (2.6)https://cryptobriefing.com/ethereum-foundation-staking-strategy/?rand=59535
