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The proposal to use PEPE as a temperature check for supported assets on the Aave platform was approved with a support rate of 76.76%

May 16, 2025 00:12:22

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ChainCatcher news, according to the AAVE community governance proposal, the temperature check proposal to add PEPE as a supported asset on the Aave platform has passed with a support rate of 76.76%.

The proposal suggests introducing PEPE as collateral in an isolated market in Aave V3, aiming to expand the user base, promote the growth of the GHO stablecoin, and enhance protocol liquidation revenue. Subsequently, risk parameters will be set by risk service providers and will enter the ARFC and AIP processes.

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