Ethereum Foundation Leans on DeFi for Funding, Avoiding ETH Sales

The Ethereum Foundation has taken a significant step towards leveraging decentralized finance (DeFi) for its operations. By borrowing $2 million in GHO stablecoins from Aave using ETH as collateral, the foundation is demonstrating a shift away from selling its ETH during market downturns. This move signifies a strategic adoption of long-term debt over immediate ETH sales, aligning with the foundation’s broader DeFi strategy.