The proposal to add PEPE as a supported asset on the Aave platform has passed with a support rate of 76.76%

PANews, May 15 - According to a governance proposal from the AAVE community, the proposal to add PEPE as a supported asset on the Aave platform has passed with a support rate of 76.76%. This proposal suggests introducing PEPE as collateral in the isolated market of Aave V3, aiming to expand the user base, promote the growth of the GHO stablecoin, and enhance the protocol's liquidation income. Subsequent risk parameters will be set by risk service providers and will enter the ARFC and AIP processes.