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BTC $60,977.62 -2.82%
ETH $1,621.43 -2.81%
BNB $564.15 -2.36%
XRP $1.07 -3.26%
SOL $67.98 -2.31%
TRX $0.3269 -0.58%
DOGE $0.0760 -3.47%
ADA $0.1484 -1.87%
BCH $190.46 -2.04%
LINK $7.42 -2.80%
HYPE $63.81 +2.66%
AAVE $80.15 +10.67%
SUI $0.6852 -2.68%
XLM $0.1852 -5.00%
ZEC $415.62 +0.01%

The Aave community has initiated a proposal to "Increase GHO Borrowing Rates."

2023-08-24 13:41:01
Collection

ChainCatcher news, the Aave community has initiated an ARFC proposal to "increase the GHO borrowing rate," suggesting to raise the GHO borrowing rate from the current 1.5% to 2.5%, ensuring its growth and market credibility to address the issue of GHO's peg to the dollar price deviation, which is currently around $0.975.

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