Aave Community Passes Proposal to Increase GHO Borrowing Rate to 2.5%
According to TuoniaoX.com on September 19th, the governance page shows that the Aave community has passed the proposal to "increase the stablecoin GHO borrowing rate." The proposal suggests raising GHO's annual borrowing rate from the current 1.5% to 2.5%, aimed at addressing GHO's peg deviation issues and ensuring its growth and market credibility.
According to TuoniaoX.com on September 19th, the governance page shows that the Aave community has passed the proposal to "increase the stablecoin GHO borrowing rate." The proposal suggests raising GHO's annual borrowing rate from the current 1.5% to 2.5%, aimed at addressing GHO's peg deviation issues and ensuring its growth and market credibility.