GuShiio.com GuShiio.com has learned that the Aave community has officially proposed an updated version of the Aavenomics plan to introduce the Anti-GHO (Anti-GHO) mechanism, a non-transferable ERC20 token linearly generated by AAVE and StkBPT pledgers that can offset GHO debt 1:1 or convert to StkGHO. The proposal proposes to establish the Aave Financial Committee (AFC) to be responsible for asset management and set Umbrella liquidity targets. At the same time, it will initiate the repurchase of AAVE tokens, initially repurchase US$1 million a week and allocate it to the ecological reserve, and close the LEND migration contract, transferring the remaining 320,000 AAVE (approximately US$65 million) to the ecological reserve. The proposal also recommends that 50% of GHO revenue be used to generate Anti-GHOs, 80% of which will be allocated to StkAAVE holders and 20% to StkBPT holders, with an expected generation of 6 million Anti-GHOs per year.
read the original
