The core contributors of BENQI support the proposal to launch GHO on Avalanche and the appointment of ACI as Emissions Manager for rewards. GHO represents a high-quality, decentralized stablecoin that can drive greater liquidity and growth on Avalanche. The introduction of GHO will increase the choices of stablecoin on the network, providing an alternative decentralized stablecoin option which is a net postive for the Avalanche network and community.
We, at BENQI, are committed to accelerating the growth of Avalanche broadly, and DeFi specifically, and will work with risk service providers on integrating GHO as collateral within BENQI’s lending market.