Introducing: GHO

Hey @TokenBrice ty for the feedback! I have a small question though:

I don’t quite understand this, Aave DAO is controlling other interest rates. In fact, governance changes interest rates relatively frequently. Even then, how would you have the interest rate set algorithmically? Maybe via an IR curve, but then the DAO just controls optimal utilisation (just like other assets) except the “utilisation” is virtual, since GHO is minted.

That said, if you have other ideas about algorithmically setting interest rates autonomously, I think that’s awesome!

2 Likes