Aave DAO approves creating GHO stablecoin

Aave DAO approves creating GHO stablecoin

The GHO proposal came out on 7 July this year, with the governance vote required to allow for the launch of the decentralised stablecoin on the Aave Protocol.

According to the platform, the USD-pegged stablecoin received a greenlight from the DAO community with an overwhelming support of 99.99%.

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