Vavada Banner
BTC $77,822.00 (-0.28%)
ETH $2,325.39 (-0.16%)
XRP $1.42 (-0.42%)
BNB $629.07 (-0.50%)
SOL $85.89 (-0.67%)
TRX $0.32 (+0.01%)
DOGE $0.10 (+0.09%)
HYPE $42.50 (+2.87%)
LEO $10.37 (+0.84%)
ADA $0.25 (-0.77%)
BCH $449.18 (-1.05%)
XMR $383.22 (+2.03%)
LINK $9.36 (-0.37%)
ZEC $351.55 (-1.42%)
CC $0.15 (+0.21%)
XLM $0.17 (-0.12%)
M $4.26 (-1.00%)
LTC $55.56 (-0.92%)
AVAX $9.29 (-1.25%)
HBAR $0.09 (-1.10%)

GHO Launches as a Fee Token For Bridging Via Chainlink CCIP

Twitter icon  •  Published 1 year ago on October 22, 2024  •  Hassan Maishera

On Monday, Aave Labs announced via X that GHO is now available as a fee token for bridging any token via Chainlink CCIP.

GHO Launches as a Fee Token For Bridging Via Chainlink CCIP

On Monday, Aave Labs announced via X that GHO is now available as a fee token for bridging any token via Chainlink CCIP. This latest development offers users a simpler way to transfer GHO across supported networks.

The team added that $31.2m GHO has been bridged to date, representing the 2nd largest asset by volume of Chainlink CCIP.

Aave protocol is a decentralized, open-source, and non-custodial money market protocol. Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain overcollateralized loans by using the liquidity from these pools. AAVE is trading at $153.79 per token, down 2% in the last 24 hours. 

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down less than 1% over the past 24 hours, trading at $11.82 at press time.

Li.Fi Integrates with the TRON Network
Next article Li.Fi Integrates with the TRON Network
Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.