Oh, *hello* Ethereum Foundation! 🤯 Guess what? They’ve just dropped 2,400 ETH (and a shiny $6M in stablecoins) into Morpho’s yield-bearing vaults. Because nothing says “I’m a serious player” like throwing money at a protocol that’s basically a crypto version of a high school club. 🎉
Morpho, the “permissionless lending” wizard, is now managing this deposit via MetaMorpho and Morpho Vault v2. Because who doesn’t want their money to be governed by open-source GPL licenses? It’s like a party where everyone’s wearing a “I <3 Code” shirt. 🧵
0/ Today, the Ethereum Foundation deposited 2400 ETH and ~$6M stablecoins into Morpho’s yield-bearing vaults.
Morpho is a pioneer in permissionless DeFi protocols and consistently demonstrates a commitment to Free/Libre Open Source Software (FLOSS) principles.
– Ethereum Foundation (@ethereumfndn) October 15, 2025
Meanwhile, the EF is playing the long game, planning to keep 2.5 years of operational reserves. Because nothing says “institutional maturity” like hoarding crypto like it’s the last bag of chips at a party. 🥨
And let’s not forget their new legal defense fund for Tornado Cash devs. Because nothing says “protecting open-source innovation” like funding lawyers to fight for privacy advocates. 🛡️
In a world where DeFi is just a fancy term for “let’s all trust code,” the Ethereum Foundation is suddenly the ultimate crypto OG. Or maybe just really good at marketing. 🤷♀️
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2025-10-15 21:35