#Ethereum Foundation commits 50,000 ETH to 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, amounting to over $167 million. The foundation plans to use this wallet to participate in the DeFi ecosystem and has already conducted test transactions on Aave. The foundation has chosen Safe Protocol's RWA smart accounts to manage these funds and has indicated that it will gradually transfer more funds to this wallet in the future. This move signifies the Ethereum Foundation's increased involvement in the DeFi ecosystem and its commitment to furthering the development of DeFi.
Ace Hot Topic Analysis
Analysis
The Ethereum Foundation has announced the creation of a new multi-signature wallet and has begun transferring 50,000 ETH, worth over $167 million, to the wallet. The Foundation plans to use the wallet to participate in the DeFi ecosystem and has already conducted test transactions on Aave. The Foundation has chosen to manage these funds using Safe Protocol's RWA smart accounts, stating that it will gradually move more funds to the wallet in the future. This move signifies the Ethereum Foundation's more direct involvement in the DeFi ecosystem and demonstrates its confidence in the future of DeFi. The Foundation stated that they will use the new wallet to participate in the DeFi ecosystem and have already conducted test transactions on Aave. They also highlighted the security of Safe Protocol and its excellent user experience, stating that they will move more funds over time.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Ethereum Foundation will use a new multi-signature wallet to participate in the DeFi ecosystem and has already made test transactions on Aave.
The foundation will gradually transfer more funds to the wallet and plans to use it to participate in the DeFi ecosystem.
The Ethereum Foundation has chosen the Safe protocol to manage its DeFi funds and has transferred 50,000 ETH to a new 3/5 multi-signature wallet.
The foundation will continue to explore DeFi and will transfer more funds to the wallet in the future.