Aave Protocol launches stablecoin GHO on Ethereum mainnet, $2M minted
Decentralized finance protocol Aave has finally launched its new algorithmic dollar-pegged stablecoin GHO on Ethereum.
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Aave to launch overcollateralized stablecoin called GHO
GHO would allow users to borrow the stablecoin while still learning yield on their locked assets on Aave, however the proposal is just seeking feedback at this stage.