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The Ethereum Foundation has borrowed $2 million in GHO, Aave’s decentralized stablecoin, marking a significant step in its DeFi engagement. Aave founder Stani Kulechov hailed the move as completing ‘the full DeFi circle.’
- The Ethereum Foundation borrowed $2M in GHO, Aave's decentralized stablecoin.
- Aave founder Stani Kulechov calls this 'the full DeFi circle' as EF both supplies and borrows.
- GHO is governed by Aave's DAO, ensuring decentralized control over its parameters.
📎 Related coverage from: cointelegraph.com