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Reading: Ethereum Foundation Deploys 45,000 ETH to DeFi Platforms
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Ethereum News

Ethereum Foundation Deploys 45,000 ETH to DeFi Platforms

Cryptomanity
Last updated: February 13, 2025 12:36 pm
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Ethereum Foundation has deployed a total of 45,000 of ETH in various DeFi protocols, including Spark protocol, Aave Prime, Aave core, and Compound protocol. 

According to the latest post, the Ethereum Foundation has deployed 10,000 ETH in Spark, 10,000 ETH to Aave Prime, 20,800 ETH to Aave Core, and 4,200 ETH to Compound Finance. All these combined are worth around $117.62 Million as per today’s price ($2613.68/ETH).

EF Treasury has deployed:

– 10,000 ETH into Spark
– 10,000 ETH into Aave Prime
– 20,800 ETH into Aave Core
– 4,200 ETH into Compound

We’re grateful for the entire Ethereum security community that has worked diligently to make Ethereum DeFi secure and usable!

— Ethereum Foundation (@ethereumfndn) February 13, 2025

Previously, the Ethereum Foundation used to directly sell ETH in the market. In Jan 2025, the foundation sold around over 4,000 ETH. Because of this direct sale at the market price, the Ethereum Foundation faced major criticism from the community over potential negative impacts on Ethereum’s price and market stability.

In response to this rising criticism, EF has now used a new method to engage more actively with DeFi platforms which is aimed at supporting the DeFi ecosystem and earning returns without impacting the market.

This deployment in DeFi platforms like Aave and Compound shows the EF’s confidence in the decentralized applications and also provides a contribution to the liquidity and utility of these platforms.

This initiative can be seen as a commitment to boost growth and innovation in the Ethereum ecosystem and has also got community support because it is a more sustainable approach to maintaining the EF’s treasury.

Read: Uniswap LP Creation Gas Fee Reduces 92%, Thanks to v4 Launch



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