Ethereum Foundation Deposits $120 Million Into DeFi Platforms

Reading Time: 2 minutesThe Ethereum Foundation has deposited $120 million into several DeFi platforms Aave Prime and Aave Core received 10,000 and 20,800 ETH respectively The foundation intends to use the funds to provide liquidity and reduce selling ETH to cover its expenses The Ethereum Foundation has deposited $120 million in ETH into Compound, Aave, and Spark to provide liquidity and reduce selling ETH to fund its activities.

Feb 16, 2025 - 21:00
Ethereum Foundation Deposits $120 Million Into DeFi Platforms
DeFiReading Time: 2 minutesThe Ethereum Foundation has deposited $120 million into several DeFi platforms Aave Prime and Aave Core received 10,000 and 20,800 ETH respectively The foundation intends to use the funds to provide liquidity and reduce selling ETH to cover its expenses The Ethereum Foundation has deposited $120 million in ETH into Compound, Aave, and Spark to provide liquidity and reduce selling ETH to fund its activities.

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