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MEV_and_trading/stablecoins/GHO.md
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@ -6,7 +6,20 @@
<br>
* GHO is a decentralized stablecoin issued by aave.
* it's overcollaterized as it's backed by deposits in aave v3 (users mint directly into the money market)
* rather than having interest rates determined algorithmically like other assets in aave, its borrow rate will be manually set by governance, giving aave total control over the cost to mint/borrow gho.
<br>
<img width="500" src="https://user-images.githubusercontent.com/126520850/227068689-d7559192-5e50-49c5-aa10-b82db7f55fde.png">
<br>
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### resources