Joseph Lubin has collateralized 15,000 ETH worth $31.43 million to borrow 4.1 million DAI on the Sky (formerly MakerDAO) platform. The address linked to Lubin currently holds 137,908 ETH valued at $287.29 million with an outstanding loan of 107.77 million DAI. This move reflects active utilization of ETH assets for decentralized borrowing through stablecoins.
