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AAVE $111.80 -4.83%
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The Aave community will start voting on the ARFC proposal to "increase GHO lending rates" tomorrow

2023-08-30 15:35:06
Collection

ChainCatcher message, the Snapshot page shows that the Aave community will start voting on the ARFC proposal to "increase GHO lending rates" tomorrow at 2:43 AM, ending on September 3rd.

The proposal suggests raising the annual lending rate of the algorithmic stablecoin GHO from the current 1.5% to 2.5%, aiming to address the decoupling issue between GHO and the US dollar stablecoin, ensuring its growth and credibility in the market.

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