> 100M just "sitting there" seems crazy By virtue of converting the ETH to AAVE wrapped ETH, they're earning interest by loaning out the underlying ETH. Who is

> 100M just "sitting there" seems crazy By virtue of converting the ETH to AAVE wrapped ETH, they're earning interest by loaning out the underlying ETH. Who is taking out loans and paying interest for ETH I have no idea. Plus, even without the AAVE wETH, they expect ETHs value to accrue faster than any other asset, so there's no cost to letting the money just sit, as opposed to your USD in savings depreciating over time.