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Ethereum World News 2023-07-12 14:21:17

Aave’s GHO Deployment On Ethereum Inches Closer As DAO Votes In Favor

The proposal to launch GHO on Ethereum’s mainnet reached quorum after protocol delegate AaveChan voted “Yae” on Wednesday. Aave DAO’s community wholly backed the plan as all members of the DAO voted in support with over 698,000 votes at press time. This comes after months of successfully testing the GHO stablecoin on the Ethereum testnet Goerli and developers encountered no major bugs with the token. Stablecoin GHO is set to debut on the Ethereum mainnet following Aave DAO’s support of

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