Aave's proposal to issue an oversubscribed Stablecoin GHO has been voted on

Aave's proposal to issue a decentralized overcollared Stablecoin GHO has now been voted on the Snapshot opening chain, BlockBeats news, July 28. The proposal states that GHO could be launched on Aave after community approval, allowing users to use the collateral they provide to cast GHO. Proceeds from GHO's borrowings will accrue to Aave DAO. Voting closes at 18:00 on 31 July.