Ethereum Foundation Deploys 2,400 ETH in Morpho to Boost Treasury Yield
The Ethereum Foundation has deposited 2,400 ETH into Morpho's lending vaults, along with roughly $6 million in stablecoins. This marks a notable shift in how the foundation is handling its treasury. It looks like they're getting more comfortable with using DeFi protocols directly. On-chain analysts say this might be the largest single exposure the foundation..The post Ethereum Foundation Deploys 2,400 ETH in Morpho to Boost Treasury Yield appeared first on 99Bitcoins.