No more ETH dumps? Ethereum Foundation turns to DeFi for cash

The Ethereum Foundation (EF) has borrowed $2 million in GHO, a decentralized stablecoin developed by Aave, in a move signaling deeper engagement with decentralized finance (DeFi) strategies. In a May 29 X post, Aave founder Stani Kulechov said the fo

Lens Chain plans to adopt Aave’s GHO stablecoin as native gas token

Lens Protocol, a Layer 2 SocialFi blockchain developed by Aave developers, said it would use a connected GHO stablecoin as the native gas token. This means that users interacting with the Lens Chain, particularly for transactions or smart contract ex