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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!

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