Aave Founder: Ethereum Foundation is Borrowing GHO
Stani.eth, the founder of Aave, posted on platform X stating that the Ethereum Foundation is currently borrowing the decentralized stablecoin GHO supported by Aave. The Ethereum Foundation not only provides ETH to Aave but also borrows funds from Aave. The DeFi ecosystem is complete. Earlier today, the Ethereum Foundation staked 50,000 RAIL to Railgun and borrowed 2 million GHO.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bloomberg: Strategy Copycats Underperform as Speculative Frenzy Fades
BTC Surpasses $105,000
Tether transfers 18,812 BTC worth nearly $2 billion to Twenty One Capital
Trending news
MoreCrypto prices
More
