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Aave raises GHO core borrow rate to 4.5%

The GHO Risk Council also increased Prime’s base rate, while Ethereum’s USDC conversion module stayed nearly empty.

Reported · Written up by our desk · Market Structure

Aave’s GHO Risk Council raised the core borrow rate for its GHO token to 4.5%, as part of an update to the protocol’s lending terms.

The council also lifted Prime’s base rate, according to The Defiant.

In related system notes, the Ethereum USDC conversion module remained nearly empty, per the outlet.

Latest closeEthereum $2,715.61 ▼0.4%

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