Ethereum Foundation Invests in Aave, Moves Away from Traditional Selling Strategies

The Ethereum Foundation (EF) has taken a significant step toward shifting its funding strategy by borrowing $2 million worth of GHO stablecoin from DeFi lending platform Aave. This move marks a departure from the Foundation’s usual practice of selling ETH to fund grants and operations. Aave founder Marc Zeller shared the transaction on X, emphasizing Aave’s suitability for confident holders like the EF. 📚