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The Aave community proposal proposes to increase V3’s GHO borrowing interest rate to 5.22%

The Aave community proposal proposes to increase V3’s GHO borrowing interest rate to 5.22%

CointimeCointime2023/11/22 06:27
By:Cointime

Aave integration lead Marc Zeller proposed a new ARFC proposal on the Aave forum, suggesting to increase the GHO borrowing rate from 4.72% annual interest rate to 5.22% to support the restoration of GHO anchoring and keep borrowing costs consistent with market rates.

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