PANews reported on May 15 that according to the AAVE community governance page, the [TEMP CHECK] proposal to use PEPE as a supported asset on the Aave platform has been passed with 76.76% support, making Pepe the only meme coin currently included in the AAVE collateral system. The proposal suggests introducing PEPE as collateral in the isolated market into Aave V3, aiming to expand the user base, promote the growth of GHO stablecoins, and increase protocol liquidation income. The risk service provider will subsequently set risk parameters and enter the ARFC and AIP processes.
AAVE community passes [TEMP CHECK] governance vote, Pepe may join the AAVE ecosystem as the first meme coin collateral asset
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PayPal executive: Bank participation is crucial to the development of stablecoins
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US Lawmakers Continue Discussion on Senate Stablecoin Bill, Negotiations “90% Complete”
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Issuing coins is not the goal: the end and restart of NFT