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.