Stani.eth (@StaniKulechov): Aave is proposing to create sGHO savings product by introducing Aave Savings Rate (ASR).
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Aave is proposing to create sGHO savings product by introducing Aave Savings Rate (ASR). sGHO is a new low-end risk profile savings product for earning yield on GHO based on native aave lending rate and incentivized rate collected partially from GHO borrow revenue. No withdrawal or deposit fees. I expect sGHO to grow GHO between 300-500M outstanding GHO. Just to give a comparison from revenue perspective, each 100M GHO earns the same amount of revenue for the Aave DAO as 1B USDC. sGHO will introduce a staple onchain savings rate for Aave users, great entry-product for new users onchain.