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The Ethereum Foundation , a non-profit supporting the Ethereum blockchain network, has established a multisig wallet to participate in the decentralized finance ecosystem.
The announcement described Safe as having proven to be secure while also providing “a great user experience.” An initial testexpenses and operational costs, have also drawn criticism for contributing to pressure on the asset. This has resulted in suggestions that the non-profit should explore alternatives, such as staking or deploying a portion of its ETH holdings on-chain to generate returns and meet its financial needs.
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