Quote from: Spinning99 on August 11, 2025, 07:04:20 PM

Quote from: Olamidetechie on August 11, 2025, 11:41:00 AM

The likes of USDT, USDC, and even GHO increased in volume, meaning people are converting profits there and starting to hold for another profit entirely. Oh, you are surprised? Don't tell me you haven't heard about the old strategy of holding stablecoins and making a profit; for example, holding $GHO on spot only can get someone the opportunity to get a share of 300k of it, as you'll be rewarded daily with up to 15% APR.
The same thing applies to other stablecoins if you do enough research. So, as we're taking profit, let's put them to good use. Once again, happy Monday!

I don't know for GHO in specific, but these campaigns are often scammy for me. If a campaign lasts 2 weeks and gives 15% APR, it is shit. You should tell the users how much they are exactly getting. In the example that I give you would only get 0.5% return.

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GHO is a decentralized, overcollateralized stablecoin backed by assets in Aave. It can be minted by supplying collateral in Aave while earning interest on the collateral.

This is what CoinGecko says, AAVE is good but I don't know what to say about something called GHO. lol It is officially created by AAVE?

It's a stablecoin native to aave. You can read more here.
https://x.com/GHO?t=cdgeJUj8jm9dodLEurcaOA&s=09. For the event it's a promotion to probably earn users some few rewards and also support the stablecoin so it'll be available for a certain time, regardless it's a great way to earn passively imo.