Rewards Hub The Ethereum Foundation announced it will convert 5,000 ETH into stablecoins using CoWSwap's TWAP feature. This move, disclosed on April 8, is part of the foundation's strategy to support research, grants, and donations. Previously, the foundation sold 416.67 ETH to obtain 933,300 DAI, highlighting its ongoing efforts to manage resources effectively.
Ethereum Foundation Converts 5,000 ETH to Stablecoins for Funding
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