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TechFlow news, September 18 — Governance data shows that the Aave community is currently conducting an on-chain vote regarding a proposal to increase borrowing rates for the stablecoin GHO, with voting set to conclude on September 19. The proposal suggests raising GHO’s annual borrowing rate from the current 1.5% to 2.5%, aiming to address GHO’s peg deviation issue and ensure its growth and market credibility.
On September 18, governance data showed that the Aave community is conducting an on-chain vote on a proposal to increase the borrowing rate for the stablecoin GHO, with voting set to end on September 19. The proposal suggests raising GHO's annual borrowing rate from the current 1.5% to 2.5%, aiming to address GHO's peg deviation issue and ensure its growth and market credibility.
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