Aave community initiates temperature check on proposal to "introduce GHO to Cosmos and Polkadot ecology"
Aave community has initiated a temperature check proposal on "Introducing GHO Cross-Chain to the Cosmos and Polkadot Ecosystems". The proposal aims to create an incentive loop to increase the demand for GHO, thereby increasing the amount of collateral on AAVE, and providing a decentralized alternative for USDC/USDT on Cosmos/Polkadot.
The proposal states that the next step is to collect feedback from the community on this temperature check. If the community reaches a consensus, the proposal will be upgraded to the temperature check snapshot stage. If the snapshot result is YAE, GHO will be allocated to the pool.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Important Space Preview] Fed buys BTC? RWA is subverting the global capital game
![[Important Space Preview] Fed buys BTC? RWA is subverting the global capital game](https://img.bgstatic.com/multiLang/image/social/07cc6fb90a7c4b821dea2c568e95086b1745409309711.jpg)
Pi Core Team Takes Bold Action to Support Pi Coin Stability
In Brief PCT's impressive purchases aim to stabilize Pi Coin's market value. Experts warn about the temporary nature of these interventions in the long run. Investors are advised to stay strategic amidst ongoing market fluctuations.
BTC falls below $93,000
Solana Foundation to Implement New Policies for Validators Joining and Exiting Delegation Program
Trending news
MoreCrypto prices
More
