📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Ethereum Foundation Trying to Attract Attention: Deposited 20,000 ETH to These Altcoin Platforms! - Coin Bulletin
**The Ethereum Foundation has expanded its support for the decentralized finance (DeFi) ecosystem by depositing 20,000 ETH into Aave and Spark platforms.
The Ethereum Foundation has directed a total of 20,000 ETH worth 53.48 million dollars to two major DeFi platforms. According to Lookonchain, 10,000 ETH of these funds were allocated to Aave, while the other 10,000 ETH were invested in Spark. Aave provides decentralized lending and borrowing services, while Spark is known as a platform developing next-generation financial solutions based on Ethereum.
Ethereum Foundation focuses on DeFi
This move is seen as a continuation of the foundation's efforts to increase its participation in the DeFi ecosystem. Last month, the foundation announced that it would transfer 50,000 ETH to a multisig wallet and revealed plans to invest these funds in the DeFi ecosystem. Subsequently, on February 9th, the Ethereum Foundation, which made a large transfer of 50,000 ETH, has now directed some of these assets to DeFi platforms.
The Ethereum Foundation had transferred 20 thousand in advance. The total stake amount reached 40 thousand.
The Ethereum Foundation has been the focus of criticism in the past due to its large-scale ETH sales. However, these recent investments indicate the foundation's strategy of using its ETH assets to grow the ecosystem rather than just converting them to cash. The impact of these investments on the Ethereum ecosystem through DeFi will become clear in the coming period.