ANALYSIS: At 3.1% Pledge APR Ethernet Foundation could earn 8,400 ETH per year
On October 25th, according to Scopescan monitoring, the Ether Foundation address shows that they now control 271,000 ETH ($673 million). At the current 3.1% pledged APR, these assets could generate 8,400 ETH ($20.8 million) per year, more than the value of what they could sell directly on the chain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish

The Crypto Fear Index rises to 28, escaping the "Extreme Fear" zone
Analyst: The current macro environment is similar to the pandemic period, and bitcoin still has room to rise