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. 4 Defi Giants Get a Boost From the Ethereum Foundation Amid scrutiny over frequent large-scale divestments of ETH to fund operations—paired with internal discord, leadership disputes, and governance ambiguities—the organization has […]
Source: https://news.bitcoin.com/ethereum-foundation-allocates-45000-eth-to-decentralized-finance-protocols/