Popular decentralized finance (DeFi) protocol Aave (AAVE) has proposed to the decentralized autonomous organization (DAO) the introduction of a native, decentralized, fully collateral-backed, USD-pegged stablecoin on the Ethereum (ETH) mainnet – dubbed GHO.
“Calling all GHOsts,” said Aave on Thursday, announcing that they’ve created a new Aave Request for Comments (ARC) – which is the first step in the governance improvement process.
Per the governance proposal,... Read More: Aave Summoning GHOsts With a New Native Stablecoin Proposal