#Ethereum Foundation Enters DeFi#
Hot Topic Overview
Overview
The Ethereum Foundation has announced the creation of a new multi-signature wallet and has begun transferring 50,000 ETH to it, totaling over $167 million. The Foundation plans to use the wallet to participate in the DeFi ecosystem and has already conducted test transactions on Aave. This marks the Ethereum Foundation's official entry into DeFi and indicates its commitment to continued organizational change in support of DeFi development. The Foundation stated that the fund transfer may take several days to complete and that it will gradually transfer more funds to the wallet in the future.
Ace Hot Topic Analysis
Analysis
The Ethereum Foundation has announced the establishment of a new multi-signature wallet and has begun transferring 50,000 ETH, worth over $167 million, to it. The foundation plans to use the wallet to participate in the DeFi ecosystem and has already conducted test transactions on Aave. The move confirms Vitalik Buterin's recent statement about the non-profit organization's ongoing organizational changes. The foundation said the fund transfer may take a few days to complete as it requires multi-signature verification. This action marks the Ethereum Foundation's official entry into DeFi and demonstrates its support and participation in the DeFi ecosystem. In the future, the foundation will gradually transfer more funds to the wallet and explore more DeFi application scenarios.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The Ethereum Foundation has set up a new multi-sig wallet and has started transferring 50,000 ETH to it, with plans to use it to participate in the DeFi ecosystem.
The Ethereum Foundation will use this new wallet to participate in the DeFi ecosystem and has already conducted test trading activities on Aave.
The Ethereum Foundation has transferred 50,000 ETH worth over 167 million to the wallet to support DeFi.
The Ethereum Foundation has begun direct participation in DeFi applications, initially deploying ETH funds to Aave, which are secured by Chainlink oracles.