Aave Launches GHO Stablecoin on Ethereum Mainnet



Following a community governance vote, Aave has launched its algorithmic stablecoin GHO on the Ethereum mainnet, with 2.19 million GHO minted so far. The stablecoin is backed by various digital assets including Ether and AAVE; Aave said that revenue from GHO revenue would bolster its DAO treasury.
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