Aave's Proposal to Issue Decentralized Over-collateralized Stablecoin $GHO Now Open for Voting

Voting on Aave's proposal to issue a decentralized over-collateralized stablecoin, $GHO, is now open on Snapshot and will end at 10:00 UTC on July 31st. If the proposal is approved by the community, $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.