TechFlow reported that Aave announced on Twitter it has identified a technical issue regarding the integration of its algorithmic stablecoin GHO with the Aave V3 lending pool. As a result, Aave administrators have suspended GHO's borrowing and lending functionality.
The announcement stated that previously minted GHO tokens are unaffected and there is no risk to user funds. All other markets on Aave continue to operate normally. The community is currently working on a solution, which will be proposed through the Aave governance process as soon as possible.
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