Hi all,
first of all thank you Chaos Labs for this analysis. GHO is definitely looking for help.
I think with the current proposed things like the SM upgrade including GHO and the Liquidity committee we are on track to help GHO reaching and holding its peg and restoring faith or establishing it. It is crucial to have different liqudity pools for GHO (see the graphics above).
@ApuMallku we still have to consider, that GHO is just a few months old.
GHO doesn’t have the benefits of being a dex liquidity based stablecoin like CRVUSD. Which is also heavily subsidized by Mich.
GHO has the benefit of being multicollateral backed and has a high collaterization rate (2,79). This has to be advertised and actively used as a benefit.
Also i think the whole DeFi space is vulnerable to regulatory risks at the moment. Which could be a reason why Aavecompanies is more passive. Don’t get involved too much to not risk anything. Its better to stay in the background instead of being actively watched by SEC for example. This is probably going to be better in the future, but for now it is a risk. Just some idea of myself, don’t know if its true but could be. I mean some protocol interface already prohibit user to use them.