You probably noticed GHO release is getting closer 👻

To prepare the launch, we published a proposal with @betainvestments.lens at @Token.lens_Logic for early considerations of the initial GHO liquidity pools 👇

governance.aave.com/t/temp-check-gho-liquidity-pools/13655

This proposal can be split in 2 parts: primary & secondary pools.

We’re initially proposing 3 primary as the bootstrapping GHO pools, useful for the SM & other integrations:

~ GHO / bb-a-USD
~ 80LST / 20GHO
~ GHO / LUSD

1 & 2 are eligible for core pool status, driving part of the fees in bribes creating the PFVI flywheel.

2 & 3 could be sustained by the SM reward budget over time. Moreover, creating a pool with @liquityprotocol.lens $LUSD makes it a ideal inclusion for the SM.

Between the DAO’s & external veBAL votes, the PFVI & SM reward budget + considering the long time collaboration with @aaveaave.lens it makes sense to create the primary pools on @balancerprotocol.lens

However, we also considered several secondary pools & mentioned a few ideas to be discussed

The goals of secondary pools are to create severals GHO liquidity pools, as well as create arbitrage opportunities & volume. We initially proposed 3 secondary pools, but there could be many more:

~ GHO / MAI - @qidao.lens
~ GHO / OHM - @OlympusFinanxe.lens
~ GHO / FRAXBP - @fraxfinance.lens

While the FRAX pool would be created on @curvefinance.lens since it can be supported by the DAO veCRV voting power & FraxBP program, several other DEXs can be explored for efficient liquidity such as @mavprotocol.lens, @uniswap.lens @swaapfinance.lens more.

Several integration can also be considered with @AuraFinance.lens, @convexfinance.lens @sommfinance.lens, @mellowprotocol.lens etc

We highly encourage projects interested in pooling with GHO to comment on the forum, especially LSTs to increase the diversification: governance.aave.com/t/temp-check-gho-liquidity-pools/13655

Looking forward to get read the feedback on this one !

#LFGHO 👻