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asset GHOGHO (GHO)
GHO is a decentralized multi-collateral stablecoin that is fully backed, transparent and native to the Aave Protocol.
Total supply
property info
The total number of coins that have been created or will be created for a particular cryptocurrency. This includes both coins that are in circulation and those that have not yet been released.
51.56M
Circulating supply
property info
The quantity of coins that are currently in circulation and available to the public for trading. This is analogous to the floating shares in the stock market.
100.00%
Market cap
property info
The overall market value of a cryptocurrency's circulating supply, which is similar to the free-float capitalization in the stock market. Market Cap = Current Price x Circulating Supply.
$51.55M
Volume
property info
The total amount of a cryptocurrency that has been traded over the last 24 hours.
$7.76M
Trust Score:
6.00
property info
Trust score reflects the risk profile of this asset. The higher the score, the lesser the risk associated with investing in this asset.
asset GHO
Assets
Medium Trust (6.00)
Time On The Market
The longer token time on the market the more trust it has due to proven track record.
Asset Type
Asset type takes into account the dependence of an asset on third entities. The less influence of third parties, the more reliable the asset is.
Market Cap
Market cap implies the impact of asset capitalization on its safety, the bigger a market cap of an asset the more trustworthy it is considered.
Holders
The more the number of holders, the more decentralized and trustworthy the asset is.
Volume 30d
Volume represents the interest of people in a particular asset. To reduce the impact of hype on trading volume, we measure trading volume over the past 30 days.
Circulating Supply
Circulating supply reflects a percentage of tokens/coins unlocked and tradable. The higher the supply of tokens that can be traded, the less an inflation event is expected thus reducing the possibility of market price manipulation.
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Frequently Asked Questions

What is the purpose of GHO?

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The GHO token is a newly launched decentralized stablecoin on the Aave protocol. GHO is over-collateralized using Aave protocol-supported assets. Every user with Aave protocol-supported assets can use them as collateral to borrow (mint) GHO.

What are potential risks of GHO?

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The stability of GHO relies on the proper functioning of its system, including collateralization ratios and Aave protocol governance. Users should be vigilant about monitoring these factors to ensure the token's stability.

What does it mean for you?

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Every user with Aave protocol-supported assets can use them as collateral to borrow (mint) GHO.
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