GHO (GHO)

New: Aave Savings Rate (ASR) for sGHO fixed at 4.25% APY.

That is 50bps above Sky's SSR (sUSDS).

As stablecoins keep proving themselves as one of DeFi's strongest revenue engines, lending protocols are doubling down on them.

Higher yield > Higher GHO demand > More GHO minting > More fees for @aave.

Standard vaults can now integrate sGHO without custom work. Lower integration friction should and will help expand GHO distribution across DeFi.

I expect GHO to grow as a substantial revenue driver for Aave.

sGHO circulating supply is up 30% in the last 3 weeks.

V-shape recovery after the LayerZero & Kelp ~$290M exploit so far. Consequently, this is boosting circulating GHO as well.

More GHO in circulation = More borrowing fees for the @Aave DAO Treasury.

Data by @Token_Logic. https://t.co/mWXdQSPY2C

GHO is steadily becoming a serious stablecoin.

One great asset for a lending protocol.

Don’t just own the infrastructure. Own the banking layer on top of it.