title: [Direct-to-AIP] Increase GHO GSM Capacity on Plasma
author: @TokenLogic
created: 2026-03-21
Summary
This publication proposes minting an additional 50M GHO from the GhoDirectFacilitator on Ethereum and bridging it to the Plasma GSM via Chainlink CCIP, bringing the total GHO bridged to Plasma to 100M.
Motivation
Since the initial deployment of GHO on Plasma (AIP-452), the RemoteGSM has seen strong demand. The full 50M GHO minted into the GhoReserve on Plasma has been consumed, indicating healthy adoption with almost 30M of net GHO swapped via the remoteGSM in the first 2 weeks, representing sustained demand for GHO on the Plasma network.
Plasma’s active incentive program continues to drive growth, and further expansion of GHOs is expected. Without additional GHO supply in the RemoteGSM reserve, users cannot mint GHO via the GSM, limiting the network’s ability to absorb demand and maintain GHO’s peg stability on Plasma.
The GhoDirectFacilitator deployed for Plasma GSMs (0x2bd010Ab5393AB51b601B99C4B33ba148d9466e9) was originally configured with a 100M bucket capacity, but only 50M was minted at launch. This proposal utilises the remaining 50M headroom and requires no increase in facilitator capacity.
Specification
1. Mint 50,000,000 GHO
Mint 50M GHO from the GhoDirectFacilitator into the GhoReserve on Ethereum.
| Parameter | Value |
|---|---|
| Facilitator | 0x2bd010Ab5393AB51b601B99C4B33ba148d9466e9 |
| GhoReserve (Ethereum) | 0x54C58157DeF387A880AE62332D1445f03adbE7E9 |
| Mint Amount | 50,000,000 GHO |
| New Facilitator Bucket Level | 100,000,000 GHO (100% of capacity) |
2. Bridge 50,000,000 GHO to Plasma via CCIP
Bridge the minted GHO from the Ethereum GhoReserve to the Plasma Collector using Chainlink CCIP.
| Parameter | Value |
|---|---|
| Source Chain | Ethereum |
| Destination Chain | Plasma (CCIP selector: 9335212494177455608) |
| GHO CCIP Token Pool (Ethereum) | 0x06179f7C1be40863405f374E7f5F8806c728660A |
| GHO CCIP Token Pool (Plasma) | 0x360d8aa8F6b09B7BC57aF34db2Eb84dD87bf4d12 |
| Destination (Plasma GSM) | 0x6aC541605b0317dE076C9FeC2842902c844dEa74 |
| Amount | 50,000,000 GHO |
Disclosure
TokenLogic is an active service provider to the Aave DAO, the beneficiary of stream 100072 and the KPI as outlined in this publication. The scope of this engagement is available via this forum proposal.
TokenLogic supports and maintains an independent delegate voting platform within the Aave community.
TokenLogic and associated entities have no undisclosed material conflicts of interest at the time of submission.
Next Steps
- Using the Direct-to-AIP process, submit AIP for vote.
Copyright
Copyright and related rights waived via CC0.