@annemaritka
Ethereum Foundation on-course to earn $1.5 million through allocation of 50k ETH to DeFi
The Ethereum Foundation has allocated 50,000 ETH to several DeFi platforms amid its shift in treasury management approach.
On Feb. 13, the Foundation announced via X that it had deposited 30,800 ETH, worth about $82 million, into Aave, a leading DeFi lending protocol. This included 20,800 ETH (equivalent to $56 million) placed in Aave’s core market and 10,000 ETH (around $27 million) allocated to Aave Prime.