Scaling AAVE: The Stablecoin GHO

What is GHO?

GHO is a decentralized stablecoin that is fully native to the AAVE protocol.

How GHO works

GHO will be created by users who borrow assets on the protocol.

Facilitators

AAVE has introduced a different concept with GHO called Facilitators.

Future for GHO

As Aave has numerous opportunities to scale, so does GHO.

Discounts on GHO

GHO also comes with discounts. Who doesn’t love discounts?

GHO Revenue

GHO revenue is dependent on how many people mint GHO through the protocol or any facilitators.

Conclusion

The community is still in the process of voting to continue with GHO.

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Nick Conn

Nick Conn

I analyze web3, DeFi, and tech behind the scenes. Writer & Investor — Software Engineering Manager — Substack: http://theleanletter.com