No more ETH dumps? Ethereum Foundation turns to DeFi for cash

The Ethereum Foundation has allocated 45000 ETH (approx $120M) to DeFi protocols like Aave Spark and Compound to generate yield and reduce reliance on selling ETH. This strategic move is expected to earn ~$1.5M annually while supporting the DeFi ecosystem and improving treasury sustainability

#Ethereum #DeFi #Crypto

$ETH $AAVE $COMP