Ethereum Foundation has deployed 2,400 ETH, approximately $9.6 million, into a yield-bearing Morpho vault as part of its treasury management strategy
The Ethereum Foundation (EF) announced a fresh treasury deployment of 2,400 ETH (approximately $9.6 million at current prices) and about $6 million in stablecoins into Morpho's yield-bearing vaults. The move comes as the EF attempts to drop its reputation for spending more than it generates by optimizing its treasury with the various DeFi protocols, and [...]