The Aave community proposal proposes to increase V3’s GHO borrowing interest rate to 5.22%
Aave integration lead Marc Zeller proposed a new ARFC proposal on the Aave forum, suggesting to increase the GHO borrowing rate from 4.72% annual interest rate to 5.22% to support the restoration of GHO anchoring and keep borrowing costs consistent with market rates.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Russian Ministry of Energy proposes to create a register of mining equipment
Anthony Scaramucci Compares Memcoins to the Porn Industry
Trivago users will be able to choose Travala hotels and pay with cryptocurrency
Cardano CEO Unveils Nintendo Emulator, IP, and NFT Licenses
Cardano founder Charles Hoskinson has exciting news for gaming and blockchain fans alike.