The Ethereum Foundation has allocated $120 million in Ether to various decentralized finance (DeFi) protocols in response to community concerns regarding its reliance on ETH sell-offs for funding. On February 13, the foundation deposited 4,200 ETH into Compound, 10,000 ETH into Spark, and 30,800 ETH into Aave, totaling around $120.4 million as ETH was priced at approximately $2,600. Aave's founder, Stani Kulechov, highlighted this as the foundation's largest allocation in DeFi. Community members have expressed their excitement over the development, believing it reduces the necessity for the foundation to sell its ETH. Critics had previously targeted the foundation for selling ETH to cover operational expenses. Furthermore, the Ethereum Foundation indicated that more deployments in the DeFi space are anticipated, actively seeking community feedback on future funding strategies.

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