The Ethereum Foundation (EF) has announced plans to convert 1,000 ETH into stablecoins using CoWSwap's Time-Weighted Average Price (TWAP) feature. This move is part of EF's strategy to support research and development, grants, and donations. The conversion aligns with the Foundation's public treasury policy, which mandates periodic Ether sales when there are deviations from the fiat-denominated Operating Expense (Opex) Buffer target.
Ethereum Foundation to Convert 1,000 ETH to Stablecoins via CoWSwap
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