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BTC $76,076.84 -1.88%
ETH $2,259.71 -2.99%
BNB $615.45 -1.69%
XRP $1.37 -1.77%
SOL $83.02 -2.08%
TRX $0.3255 +0.80%
DOGE $0.1064 -1.75%
ADA $0.2462 -1.80%
BCH $444.45 -2.11%
LINK $9.13 -2.32%
HYPE $38.84 -3.83%
AAVE $92.70 -4.05%
SUI $0.9066 -2.51%
XLM $0.1590 -2.03%
ZEC $334.36 +0.72%

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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