BTC101,726.14 USD▲ 0.33%
LTC86.73 USD▲ 1.32%
XRP2.22 USD▲ 0.80%
DOGE0.1635 USD▲ 0.65%
ETH3,315.23 USD▲ 1.15%
ETC14.46 USD▲ 1.20%
BCH485.75 USD▲ 1.19%
BNB947.36 USD▲ 1.75%
TRX0.2856 USD▲ 0.55%
SOL155.80 USD▲ 1.03%
KAS0.0441 USD▲ 0.33%

Ethereum Foundation has moved $120 million into credit protocols

Ethereum Foundation transferred 45,000 ETH into several credit protocols, including Aave, Spark, and Compound, to earn income without selling crypto assets

20,800 ETH — Aave
10,000 ETH — Aave Prime
10,000 ETH — Spark
4,200 ETH — Compound

The organization is also considering staking as an additional source of income. With a 1.5% yield, the annual income will amount to $1.8 million

This is a step towards preserving and growing the foundation’s funds without selling cryptocurrency!

Recent News