[ARFC] GHO Stewards - Increase GHO Borrow Rate to 10%

Title: [ARFC] GHO Stewards - Increase GHO Borrow Rate to 10%
Author: @karpatkey_TokenLogic , @ACI & @ChaosLabs
Created: 2024-04-04


A proposal to increase the GHO borrow rate to 10%.


With stablecoin borrow rates being consistently above 10% for the last month, this proposals seeks to increase GHO borrow rate to 10% as a progressive step towards the 13% increase currently under AIP vote.

Moreover, the recent GHO supply increase was fully utilized within hours of going live, signaling stablecoin rates having strong demand at current rates.


Increase the non-discounted borrow rate to 10%:

Description Current (%) Proposed (%)
Non Discounted Borrow Rate 7.92% 10%
stkAAVE Discount 30% 30%
Discounted Borrow Rate 5.54% 7%

Next Steps

We will move forward and implement these updates via the GHO Steward process. We will closely monitor market behavior and evaluate this decision with every increase.


Chaos Labs, ACI, TokenLogic and karpatkey have not been compensated by any third party for publishing this ARFC.


Copyright and related rights waived via CC0


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