The Aave community will initiate a vote tomorrow on the ARFC proposal "Increasing GHO Borrowing Rates".
2023-08-30 07:30
Odaily News: The Snapshot page shows that the Aave community will open a vote on the ARFC proposal "Increasing GHO Borrowing Interest Rates" at 2:43am tomorrow, with voting ending on September 3rd. The proposal suggests increasing the annual borrowing interest rate of the algorithmic stablecoin GHO from the current 1.5% to 2.5%, aiming to address the decoupling issue between GHO and USD stablecoins, ensuring its growth and credibility in the market.
