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cryptonews 2022-07-08 08:42:00

Aave Summoning GHOsts With a New Native Stablecoin Proposal

Popular decentralized finance (DeFi) protocol Aave (AAVE) has proposed to the decentralized autonomous organization (DAO) the introduction of a native, decentralized, fully collateral-backed, USD-pegged stablecoin on the Ethereum (ETH) mainnet – dubbed GHO. “Calling all GHOsts,” said Aave on Thursday, announcing that they’ve created a new Aave Request for Comments (ARC) – which is the first step in the governance improvement process. Per the governance proposal,...Read More: Aave Summoning GHOsts With a New Native Stablecoin Proposal

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