Ethereum Foundation Allocates 50,000 ETH to Participate in DeFi Ecosystem, Successfully Conducts Test Transaction on Aave

BlockBeats News, January 21st, Ethereum Foundation staff member hww.eth (@icebearhww) posted on social media that the Ethereum Foundation has set up a new 3-of-5 multisig wallet and deposited 50,000 ETH. The Ethereum Foundation will use this new wallet to participate in the DeFi ecosystem and has already conducted test transactions on Aave.