The Lens Chain plans to use Aave's stablecoin GHO as the native Gas token

According to The Block, the Layer2 SocialFi blockchain Lens Protocol developed by Aave developers stated that it will adopt a pegged GHO stablecoin as its native Gas token. This means that users interacting with Lens Chain, especially when making transactions or executing smart contracts, will use GHO to pay for Gas fees instead of any other tokens. GHO is a decentralized over-collateralized stablecoin launched by Aave Labs, and its value is stably pegged to the US dollar.

Adopting GHO as the native Gas token in Lens Chain aims to provide predictable and stable transaction costs. The team said: "Choosing GHO as the Gas token is both strategic and practical. Decentralized stablecoins like GHO provide transparency and predictable value." Aave Labs recently announced a framework for using GHO as a gas token, making Lens Chain one of the first Layer2 solutions to implement this framework. Both Lens and GHO are developed by developers of lending protocol Aave which currently belongs to Avara.  GHO will be integrated as a gas token through ZKsync's "shared bridge", becoming the main liquidity cross-chain bridge for minting stablecoins on Layer2.