Aave Companies has proposed launching the decentralized stablecoin GHO as an ERC-20 token on the Ethereum mainnet.
The Aave governance community is set to vote on launching its decentralized stablecoin GHO on the Ethereum mainnet.Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Aave Companies, a key contributor to the Aave DeFi lending protocol, has proposed launching the decentralized stablecoin GHO as an ERC-20 token on the Ethereum mainnet.
The Aave DAO will also have the ability to adjust GHO's interest rate through decentralized governance. The Aave V3 Ethereum Pool Facilitator will allow users to borrow GHO using collateral deposited in the V3 Ethereum mainnet pool. The FlashMinter Facilitator enables users to flash mint GHO without collateral, providing it is repaid in a single transaction, enhancing GHO's ability to maintain its peg through efficient arbitrage.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Aave DAO decides to swap to $2 million in Balancer LP tokensThe Aave community has approved a $2 million token swap to procure BAL-WETH liquidity pool tokens from the DeFi protocol, Balancer.
Leer más »
Bitcoin Ordinals About to Flip Ethereum NFTsThe Bitcoin and Ethereum rivalry is heating up in the non-fungible token (NFT) sector as Bitcoin's 'Ordinals' are poised to outpace Ethereum in terms of sales growth and active buyer participation
Leer más »
NFT Royalties on Ethereum Reaches Lows of Two Years | CoinMarketCapRoyalties earned by non-fungible token (NFT) projects have fallen to their lowest level in two years, according to a report by blockchain analytics firm Nansen.
Leer más »
DeFi protocol Arcadia Finance hacked on Ethereum and Optimism for $455kWhile the investigations are underway, Arcadia’s code houses another vulnerability, which could prove catastrophic for the protocol if exploited.
Leer más »
Mantle Network is voting to form a $200 million ecosystem fundEthereum Layer 2 project Mantle Network is voting to create a $200 million ecosystem fund.
Leer más »
Vitalik Buterin wants Bitcoin to experiment with layer2 solutions just like EthereumThe Ethereum co-founder shed light on how Ethereum has managed to incorporate various scaling solutions over the years and the recent experiment with ZK rollups and Plasma has given better throughput.
Leer más »