Aave Governance Votes to Optimize Ether Holdings and Expand DeFi Partnerships

In a recent development, Aave’s vibrant community governance has made significant strides toward optimizing the protocol’s Ether (ETH) holdings. By converting 1,600 ETH (equivalent to approximately $3 million) into wstETH and rETH, Aave aims to put its idle assets to work and maximize the value for its participants.