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Aave's Proposal to Issue Decentralized Over-collateralized Stable Coin $GHO Has Been Approved

Aave's proposal to issue decentralized over-collateralized stablecoin $GHO has been approved. $GHO will be launched on the Aave Protocol, allowing users to mint $GHO against their supplied collaterals. In addition, the 100% of interest payments on $GHO borrows will be sent to the Aave DAO.
Source

Aave

DAO

Stablecoins

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