How did the Finnish word for “ghost” become the name of a lending protocol?
In 2023, Aave launched GHO, an overcollateralized stablecoin.
When borrowing from a lending protocol, it’s wise to leave an extra safety margin. If collateral prices plunge, liquidation can come sooner than you think.
$AAVE is the governance token of the Aave protocol. Holders can participate in protocol governance.
If you found this useful, save it so you can come back to it later.
I can be wrong too, so don’t take this as advice.
In 2023, Aave launched GHO, an overcollateralized stablecoin.
When borrowing from a lending protocol, it’s wise to leave an extra safety margin. If collateral prices plunge, liquidation can come sooner than you think.
$AAVE is the governance token of the Aave protocol. Holders can participate in protocol governance.
If you found this useful, save it so you can come back to it later.
I can be wrong too, so don’t take this as advice.
