Aave DAO To Create GHO Stablecoin After 99.9% Approve Proposal

A majority of the community of decentralized non-custodial market protocol Aave (CRYPTO: AAVE) DAO has voted in favor of creating a stablecoin GHO, which will be backed by a portfolio of other cryptocurrencies as collateral. Aave DAO is a non-custodial, decentralized market system that lets users lend and borrow Bitcoin (CRYPTO: BTC).