CoinStats - Ethereum Foundation Becomes Major Railgun Val...

Ethereum takes advantage of DeFi to avoid massive sales! In a world where cryptocurrencies constantly fluctuate, the Ethereum Foundation has found in decentralised finance (DeFi) a strategy to stabilize its position. As it enters platforms like Aave, this institutional organization is marking an important milestone, driving the adoption and development of innovative technologies.The strategy of the Ethereum Foundation in DeFi The Ethereum Founda…

Ethereum Foundation Turns To DeFi For Treasury Funding, Borrows $2M In GHO From Aave » News.ng

The Ethereum Foundation (EF) is signalling a major pivot in its financial management. It is opting to borrow funds through decentralised platforms rather than liquidating its crypto holdings. In its latest move, the Foundation has borrowed $2 million worth of GHO—Aave’s decentralised, overcollateralized stablecoin directly from the Aave protocol. Aave founder Stani Kulechov announced the development on May 29 via X, highlighting the Foundation’s…

CoinStats - Ethereum Foundation Becomes Major Railgun Val...

The Ethereum Foundation (EF) has taken bold steps to venture more profoundly in its decentralized finance ecosystem with its growing involvement in on-chain privacy and lending, in recent news. In at least two separate actions this week, it became a major validator in Railgun’s privacy project. The Foundation also borrowed $2 million in GHO stablecoins from Aave. These decisions show the Foundation’s more profound role in managing its treasury t…

Ethereum Foundation taps Aave to borrow $2M in GHO stablecoins - Invest In Crypto News

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