
On February 13, the Ethereum Foundation transferred 45,000 ETH, valued at over $120 million, to various decentralized finance (DeFi) lending protocols, including Aave, Spark, and Compound. This strategic move comes in response to community calls for increased support for decentralized applications (dapps) on the Ethereum network. The allocation included 30,800 ETH to Aave, 10,000 ETH to Spark, and 4,200 ETH to Compound. This decision highlights the Foundation's commitment to enhancing the DeFi ecosystem amid evolving market dynamics. Additionally, Ondo Finance has partnered with WLFI to explore real-world assets, and 21Shares has proposed staking options for Ethereum ETFs, indicating ongoing innovation in the DeFi space.

Plume as Robinhood 2.0 in the RWAfi. As you know, @plumenetwork is the RWA Hub, bringing together the strongest ecosystem for innovation, liquidity and the RWAfi community. In the near future, Ondo will launch its own chain, which means: Assets held by Ondo, BlackRock, UBS,…
Your DeFi Digest is here! Institutional banks are making moves on-chain and AI is powering more innovations in crypto. Let’s break down the biggest stories shaping crypto and DeFi this week.👇 https://t.co/Nhor5GAY86
Today in DeFi: @ethereumfndn Deploys 45,000 ETH Into DeFi @openseafdn Announces $SEA Airdrop @arbitrum Introduces BoLD for Validation Today’s Significant moves in DeFi—Farms, updates, and protocol news: https://t.co/tfIuKvDvmE