In a nutshell: The Ethereum Foundation moves 45K ETH to boost its DeFi ecosystem.

30-second read:

Heads up! The Ethereum Foundation has transferred 45,000 ETH (122.8 million dollars) to DeFi protocols to generate income without selling assets.

The destinations? 30,800 ETH (81.6 million) to Aave (ETH:AAVE), split between its main market and Aave Prime. They also deposited 10,000 ETH (26 million) in Spark, from MakerDAO, and 4,200 ETH (11.2 million) in Compound (ETH:COMP), with an estimated annual return of 1.5 million.

This move comes after criticism about the management of its treasury and after having moved 50,000 ETH to a multi-sig wallet last month. The foundation has sold ETH in the past to finance operations, which generated debate in the community. Now, it seeks to optimize its reserves without liquidating tokens.

Great strategic move by the Ethereum Foundation to boost its DeFi ecosystem without selling assets. Exciting times ahead for the Ethereum community!