There is a new stablecoin in town. Aave has unveiled plans to launch an overcollateralized stablecoin called $GHO, subject to the community DAO’s approval.
giant Aave has unveiled plans to launch an overcollateralized stablecoin called GHO, subject to the community decentralized autonomous organization’s approval.
“We have created an ARC for a new decentralized, collateral-backed stablecoin, native to the Aave ecosystem, known as GHO.” To obtain GHO, users would need to mint the stablecoin against their deposited collateral. However, the list of supported collateralized assets and the collateral ratio has yet to be detailed.
The proposal notes that 100% of the interest payments accrued by GHO minters would be “directly transferred to the AaveDAO treasury; rather than the standard reserve factor collected when users borrow other assets.”
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Aave Proposes Decentralized, Yield-Generating Stablecoin GHO.AaveAave has proposed the creation of a decentralized algorithmic stablecoin, GHO, as it looks to enhance the features of its lending platform. shauryamalwa reports
Weiterlesen »
Biggest Movers: MATIC Rises for 5th Straight Session, While AAVE Is up Nearly 10% – Market Updates Bitcoin NewsMATIC was one of Friday's notable movers, as prices of the token rose for a fifth consecutive session. AAVE also rose to a two-week high.
Weiterlesen »
Aave Proposes Decentralized, Yield-Generating Stablecoin GHO.AaveAave has proposed the creation of a decentralized algorithmic stablecoin, GHO, as it looks to enhance the features of its lending platform. shauryamalwa reports
Weiterlesen »
Biggest Movers: MATIC Rises for 5th Straight Session, While AAVE Is up Nearly 10% – Market Updates Bitcoin NewsMATIC was one of Friday's notable movers, as prices of the token rose for a fifth consecutive session. AAVE also rose to a two-week high.
Weiterlesen »
USD Coin (USDC) Stablecoin Challenges Tether (USDT) Supremacy: Comprehensive GuideHere’s what you should know about the fastest-growing stablecoin and the most dangerous USDT competitor
Weiterlesen »
MakerDAO approves $100 million stablecoin loan vault for 151-year-old US bankA Delaware-based trust company called MakerDAO Bank Participation Trust will co-manage the bank's loan assets on behalf of MakerDAO.
Weiterlesen »