Odaily News Aave founder Stani said in a post on X that Aave is proposing to create a sGHO savings product by introducing the Aave Savings Rate (ASR). sGHO is a new low-risk savings product used to obtain GHO income based on the native AAVE lending rate and an incentive rate collected partially from GHO borrowing income. No withdrawal or deposit fees.
Stani Kulechov said that sGHO is expected to increase the circulation of GHO to 300-500 million. To make a comparison from the perspective of revenue: every 100 million GHO brings Aave DAO the equivalent of 1 billion USDC.