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The leading DeFi money market, is rallying behind a governance proposal to launch its long-awaited GHO stablecoin on the Ethereum mainnet.
The proposal has met quorum and received unanimous support from token holders. Assuming it passes, Aave v3 users will soon be able to mint GHO against their Ether deposits at an annual interest rate of 1.5%, with users that stake the AAVE token receiving a 30% discount.
More info: https://tinyurl.com/yr7t9nu3