Aave

Ethereum

Coin

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   <li><strong>Aave has launched a Governance Proposal to launch its decentralized stablecoin GHO on the Ethereum Mainnet.</strong></li> 
   <li><strong>If approved, users will be able to mint GHO using their collateral.</strong></li> 
   <li><strong>At press time, AAVE was trading at $71.46 after a price increase of 1.30%.</strong></li> 
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  <p><a href="https://coinedition.com/tag/aave-aave/" rel="noopener noreferrer nofollow">Aave</a> published a Governance Proposal yesterday to launch its decentralized stablecoin GHO on Ethereum Mainnet. In the proposal, the team suggested that GHO be introduced to Ethereum through the Aave V3 Facilitator and FlashMinter Facilitator.</p> 
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     <p lang="en" dir="ltr">Aave has launched a Governance Proposal to launch its decentralized stablecoin GHO on mainnet, which aims to introduce GHO to the Ethereum through the Aave V3 Facilitator and FlashMinter Facilitator. If the vote passes, Aave V3 users on Ethereum will be able to use collateral to…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1678574053232381952?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 11, 2023</a> 
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  <p>The Aave V3 Ethereum Pool Facilitator would allow depositors to borrow GHO against their collateral which is deposited in the V3 Ethereum Mainnet Pool. Meanwhile, FlashMinting, which builds off of the functionality of a Flashloan, will enable users to mint GHO and repay the loan in a single transaction.</p> 
  <p>This move from Aave aims to revolutionize …</p> 
  <p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/aave-introduces-proposal-to-launch-gho-on-ethereum-mainnet/">Aave Introduces Proposal to Launch GHO On Ethereum Mainnet</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>
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Aave Introduces Proposal to Launch GHO On Ethereum Mainnet

Coin Edition

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