Vitalik Buterin Deposits 950 ETH and 2.28 Million USDC to AAVE

IconCryptoNewsTerminal Staff11 Sep, 2024

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Vitalik Buterin Deposits 950 ETH and 2.28 Million USDC to AAVE

Vitalik Buterin, the co-founder of Ethereum, has recently deposited approximately 950 ETH (worth $2.24 million) and 2.28 million USDC to Aave, according to a report by blockchain security firm PeckShield. Aave is a decentralized lending platform that allows users to lend and borrow cryptocurrencies. By depositing his ETH and USDC to Aave, Buterin can earn interest on his assets while also providing liquidity to the platform.