In a May 29 X post, Aave founder Stani Kulechov said the foundation borrowed $2 million in GHO tokens. “The EF is not only supplying ETH to Aave, but also borrowing from Aave,” Kulechov wrote, describing the development as “the full DeFi circle.”
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No more ETH dumps? Ethereum Foundation turns to DeFi for cash
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Aave founder Stani Kulechov described Ethereum Foundation’s supply and borrowing activity on Aave as a demonstration of DeFi’s full utility cycle
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