The services laid out are essential to the operation of Aave. Hence, we believe that allocating GHO and stables to support these service providers is a good, necessary move. We support paying service providers in GHO instead of AAVE due to its price stability, however, note that this will take at least 630k GHO out of circulation due to swapping other assets into GHO. This is good because it acts as a positive force to bolster GHOs peg.
We have questions on the following:
- Just for clarity, how exactly does Aave plan on swapping these assets into GHO?
- How will withdrawing 1.75M USDC, 0.5M DAI, 0.75M USDT from Polygon to Ethereum Treasury affect Aave on Polgyon? Where are these tokens being transferred from, what does “redeem and transfer” mean?