Chaos Labs has initiated a new proposal to "increase the minting cap of Aave stablecoin GHO to 40 million."

ChainCatcher news, Chaos Labs has initiated a new proposal in the Aave community to increase the minting cap of Aave's native stablecoin GHO from the current 35 million to 40 million.

It is reported that the ultimate goal of this proposal is to gradually raise the GHO minting cap to 50 million in the coming weeks by increasing the borrowing limit by 5 million every five days, according to the constraints of risk managers.