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After being in development in the last year, Aave's GHO stablecoin has finally launched on the Ethereum Mainnet.

One crypto trader earned $427,000 in profits within a month after buying the native tokens of major decentralized finance(DeFi) projects, including Uniswap's UNI, Lido's LDO, and Aave's AAVE.

After the recent launch of Aave's decentralized stablecoin, GHO, on the Ethereum mainnet, its circulating supply soared to $1.5 million within the first 24 hours.

BTC price is back in its range, potentially given opportunities for UNI, ARB, AAVE and MKR to move higher.

Curve, the renowned decentralized exchange protocol, has introduced the crvUSD/GHO liquidity pool, providing users with increased opportunities for trading and liquidity provision.

Aave DAO, a leading decentralized finance (DeFi) platform, has announced plans to introduce its native decentralized stablecoin, named GHO, on the Ethereum mainnet. This move is aimed at enhancing transparency for users and will involve minting the stablecoin using a diverse range of collateral assets held within the Aave Protocol.

The GHO stablecoin will now be available for users on the Aave V3 platform on Ethereum.

Some of the cryptocurrencies have entered a correction phase, according to CoinMarketCap's ranking.

Aave's GHO stablecoin has been in development for the last year, and its aim is to make markets more accessible and efficient for its users.

Decentralized liquidity protocol Aave is primed to launch its native stablecoin GHO on Ethereum mainnet Saturday.

The bankrupt crypto lender was given permission to convert its roughly $170 million altcoin stash to BTC and ETH.

AAVE sustained its bullish trend on the lower timeframes with a successful defense of the $69.3 support level.

AAVE prices are firm, adding 56% from June 2023 lows. Voting is in progress to deploy GHO on mainnet

The proposal to launch GHO on Ethereum's mainnet reached quorum after protocol delegate AaveChan voted “Yae” on Wednesday. Aave DAO's community wholly backed the plan as all members of the DAO voted in support with over 698,000 votes at press time.

After its existence on the Testnet for some time, Aave is putting measures in place to put GHO in the spotlight. Here's how.

Aave, a prominent player in the decentralized finance (DeFi) space, has made an audacious move by proposing the introduction of its native stablecoin, GHO, on the Ethereum mainnet. The proposal, which is subject to approval from the Aave DAO, could reshape the DeFi landscape and unlock new possibilities for the platform.

The Aaave community members are poised to vote on whether to finally deploy gho ($GHO) on the Ethereum chain. Aave is a lending and borrowing platform which recently introduced its own native algorithmic stablecoin, gho.

Aave Companies, one of the primary contributors to the Aave (CRYPTO: AAVE) decentralized finance (DeFi) lending protocol, wants to initiate the decentralized stablecoin GHO as an ERC-20 token on the Ethereum mainnet. Introducing GHO by means of Facilitators enables users of the third version of Aave to create GHO using their collateral, as detailed in the Aave Improvement Proposal, The Block reported.

ignificant crypto news: the Aave community is preparing to vote on the launch of their decentralized stablecoin, called GHO, on the Ethereum mainnet.

Aave V3 users will be able to mint GHO tokens on Ethereum's mainnet if the proposal is approved by the community. The proposal also suggested using staked Aave coins as a way to cut down GHO borrowing costs and incentivize users to mint the stablecoin.

GHO has been in the works for over a year and was issued on a testnet earlier this year.

Aave Companies has proposed launching the decentralized stablecoin GHO as an ERC-20 token on the Ethereum mainnet.

The Aave community has approved a $2 million token swap to procure BAL-WETH liquidity pool tokens from the DeFi protocol, Balancer.

Lending protocol Aave has compensated its recognized delegates for all monies spent on gas fees. The decision was influenced by the continuous rise in Ethereum gas fees.