Babylon Foundation: Will deposit 3 million USDT into Aave to show support for DeFi
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The Babylon Foundation stated on platform X that it will deposit 3 million USDT into Aave, with 2 million allocated to V3 and 1 million allocated to V4, to show support and confidence in Aave and DeFi.
Any interest generated from this deposit will be returned to the Aave ecosystem through the Aave x Babylon integration incentives, allowing the same capital to support current recovery efforts while also promoting future adoption.
-- Price
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