Maksym Blazhkun, co-founder of WeNode, characterized Ethereum Foundation’s GHO borrowing strategy as a strong demonstration of DeFi conviction

Quotes that support claims

“Borrowing without selling — that’s DeFi conviction in action. Ethereum Foundation playing it smart with Aave.”

Apart from Kulechov, community members also celebrated the move, supporting the EF’s ETH holdings management shift. A community member said the development was a win and that the foundation should “keep it up,” while an X user said it would be positive if the EF continued to use their funds this way.