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
Defence Therapeutics completes $9.6 million private placement at $0.55 per unit
Cyclezyme to buy Ragn-Sells melanin patent, pays via shares for 7.9% stake
8 in a Row: Ripple (XRP) ETFs Record Another Green Week but Warning Signs Return

XRP receives another boost through its partnership with Florida Sports
