Aave Upgrades SavingsGHO Vault to 4.25% APR, Original stkGHO Rewards to End After 7 Weeks

USDC0%
AAVE0%
APR0%

BlockBeats News, May 18th, Aave announced the upgrade of SavingsGHO to a new vault, providing a 4.25% APR AaveSavingsRate. At the same time, they indicated that the rewards for the old version of SavingsGHO (stkGHO) would end in 7 weeks, and users would need to manually migrate to the new vault to continue earning rewards.

This upgrade also introduced GhoRouter, enabling users to seamlessly swap between USDC, GHO, and SavingsGHO in a single transaction, simplifying asset migration and access. The relevant migration and deposit interfaces are now live on AaveApp.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

Related NewsView All

Standard Chartered: The scale of on-chain tokenized assets is expected to reach $40 trillion by the end of 2028, with DeFi protocols emerging as the primary beneficiaries.

Verus Network has temporarily paused operations, with officials confirming an attack on the Verus-Ethereum cross-chain bridge.

Bloomberg: The revenue-sharing provision of the *Clarity Act* compromise will solidify Circle's leading position, with stablecoin supply hitting a record high, strengthening its position

Hot

Coins
Price
24H Change