In a breakthrough for decentralized finance (DeFi), Aave has recently unveiled its ARFC (Aave Request for Comments) proposal on the governance forum. The proposal introduces GHO, a native stablecoin set to launch on the Ethereum mainnet. This user-centric initiative enables individuals to mint GHO tokens using collateral, unlocking a new level of financial flexibility. Additionally, the Aave DAO treasury will benefit from GHO loan interest, bolstering its income and furthering the platform’s growth.
Top DeFi Protocol Aave Launches Native Stablecoin ($GHO)
coingape.com
07 June 2023 16:20, UTC