🚨Ethereum Foundation Allocates 45,000 ETH to Decentralized Finance Protocols📊
📊4 Defi Giants Get a Boost From the Ethereum Foundation.
According to its recent disclosure, the Ethereum Foundation (EF) has channeled 45,000 ether, valued at approximately $120 million, into four decentralized finance (defi) platforms.
Amid scrutiny over frequent large-scale divestments of ETH to fund operations—paired with internal discord, leadership disputes, and governance ambiguities—the organization has faced mounting questions about its operational candor.
These tensions have spurred reforms, culminating in last month’s establishment of a multi-signature wallet designed to facilitate defi engagements.
On Feb. 13, the EF revealed via social platform X that it had apportioned 45,000 ETH across distinct defi protocols: 10,000 ETH to Spark, 10,000 ETH to Aave Prime, 20,800 ETH to Aave Core, and 4,200 ETH to Compound.$ETH
