OKX Banner
BTC $62,924.00 (+0.30%)
ETH $1,877.07 (+0.10%)
BNB $610.82 (+1.00%)
XRP $1.00 (-0.10%)
SOL $75.18 (-0.30%)
TRX $0.33 (-0.70%)
HYPE $56.01 (-1.00%)
DOGE $0.07 (+0.90%)
RAIN $0.01 (-1.10%)
ZEC $489.94 (+0.80%)
LEO $8.86 (-3.80%)
XMR $402.83 (+1.30%)
LINK $9.41 (+5.80%)
ADA $0.18 (-0.50%)
XLM $0.16 (-0.50%)
BCH $204.22 (-0.30%)
CC $0.09 (-0.90%)
GRAM $1.34 (+1.00%)
USDG $1.00 (+0.00%)
LTC $44.06 (-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.

NY Governor Candidate Vows to Kill the BitLicense
Next article NY Governor Candidate Vows to Kill the BitLicense
Hassan Maishera Senior Reporter

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.