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Ethereum Foundation Changes Tact, Goes ‘Full DeFi’

  • Ethereum Foundation borrows US$2M in GHO stablecoins from Aave, signaling a shift away from ETH sales for funding.
  • Move signifies a deeper adoption of DeFi tools in managing treasury.
  • Crypto community supports the decision, viewing it as a smarter and long-term strategy for treasury management.
  • EF's move towards DeFi includes borrowing GHO, a decentralized stablecoin, to preserve its ETH holdings and align with community feedback.

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