The Aave community is conducting an on-chain vote on the proposal to increase the GHO borrowing rate to 2.5%.

BlockBeats reported on September 18th that the governance page showed the Aave community was conducting an on-chain vote on the proposal to increase the borrowing and lending rate of stablecoin GHO. The voting will end on September 19th. The proposal suggests raising GHO's annual borrowing and lending rate from the current 1.5% to 2.5% in order to address the deviation issue and ensure its growth and market credibility.