Key control
Share this article
The ethereum Foundation has <a target="_blank" target="_blank" href="https://x.com/ethereumfndn/status/1889978208986280031″ rel=”noopener nofollow noreferrer”>implied Exploring the rethink after depositing 45,000 eth in multiple defi protocols.
On Thursday, the Foundation distributed around $ 120 million in eth on four Main Defi platforms, with Aave Core receiving the greatest participation with 20,800 eth. The entity also sent 10,000 eth a spark and aave prime each, and 4,200 eth to aggravate.
The commitment of the EF with Defi follows the intense rejection of the cryptographic community with respect to its frequent eth sales by operational costs and the lack of ecosystem participation. The community members had previously urged the Foundation to consider betting their eth holdings or participating in the defi ecosystem for financial management.
Responding to criticism, Vitalik Buterin explained that the EF really analyzed those options.
However, Buging said that maintaining neutrality during contentious hard forks remains a key challenge. To perform inherently align the EF with one side of a fork, compromising this neutrality. The ethereum co -founder also dismissed the suggestions of executing forks or unnecessar, citing the cutting mechanism and limited withdrawal rate as little practical.
Briefly after the debate on the EF Treasury Management, HSIAO-Wei Wang, a key member of the EF research team, announced that the EF established a series of multisig wallets and immediately assigned 50,000 eth to these wallets.
<blockquote class="twitter-tweet” data-width=”500″ data-dnt=”true” wp_automatic_readability=”14.914285714286″>
Treasury update of the ethereum Foundation
The ethereum Foundation (<a target="_blank" href="https://twitter.com/ethereumfndn?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener noreferrer”>@Ethereumfndn) has established a new <a target="_blank" href="https://twitter.com/safe?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener noreferrer”>@sure 3 of 5 multisig wallet.
The wallet address is 0x9fc3DC011B46164C835F2527FFB1169B3C213E
An OP has started to send 50,000 eth there, but be patient; Due to signature delays, … pic.twitter.com/sikalh8rof
– Hww.eth (@icebearhww) <a target="_blank" href="https://twitter.com/icebearhww/status/1881413731780821405?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener noreferrer”>January 20, 2025
The cryptographic community reacted positively to Thursday's assignment, calling it a great movement of the EF.
<blockquote class="twitter-tweet” data-width=”500″ data-dnt=”true” wp_automatic_readability=”9.2329317269076″>
This is the way. EF making great movements. AAVE as a modular infrastructure and a sparks liquidity layer can bring the latest generation liquidity management for the EF Treasury.
Defi will win. https://t.co/3jffrxz5rs
– Stani.eth (@Staniculus) <a target="_blank" href="https://twitter.com/StaniKulechov/status/1890017418812236029?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener noreferrer”>February 13, 2025
<blockquote class="twitter-tweet” data-width=”500″ data-dnt=”true” wp_automatic_readability=”10.028571428571″>
30,800 eth deployed by the ethereum Foundation in AAVE.
The greatest assignment in defi by EF.
Defi will win. https://t.co/doj3n5lkrf
– Stani.eth (@Staniculus) <a target="_blank" href="https://twitter.com/StaniKulechov/status/1889979362491170993?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener noreferrer”>February 13, 2025
<blockquote class="twitter-tweet” data-width=”500″ data-dnt=”true” wp_automatic_readability=”10.877551020408″>
Implemented:
– 10,000 eth in AAVE with a different logo
– 10,000 eth in AAVE
– 20,800 eth in AAVE
The rest for diversity.
Use AAVE. https://t.co/s0qohz9okx
– Marc “Billy” Zeller <a target="_blank" href="https://twitter.com/lemiscate/status/1889983170185228624?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener noreferrer”>February 13, 2025
<blockquote class="twitter-tweet” data-width=”500″ data-dnt=”true” wp_automatic_readability=”9.5430463576159″>
A few years late, but happy that these rookies finally solve how to use defi. The USP number one that made ethereum what it is today, and why in the long term I see the winning chain of the adoption of intelligent contracts in the widest world of finance. https://t.co/GIIHDYCD0A
– Alξx (@crosschainalex) <a target="_blank" href="https://twitter.com/CrossChainAlex/status/1889996133621207411?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener noreferrer”>February 13, 2025
In addition to the Treasury Management, the EF also faced internal pressures with respect to its leadership direction.
Buterin declared that he would maintain a single decision -making authority on the EF until the organization completes its restructuring process to establish adequate leadership.
Share this article
<script async src="//platform.twitter.com/widgets.js” charset=”utf-8″>