Vavada Banner
BTC $77,507.00 (+0.36%)
ETH $2,308.77 (+0.01%)
XRP $1.43 (+0.88%)
BNB $634.30 (+0.46%)
SOL $85.33 (-0.11%)
TRX $0.33 (+0.00%)
DOGE $0.10 (+1.82%)
HYPE $40.77 (+0.32%)
LEO $10.31 (+0.31%)
ADA $0.25 (+1.38%)
BCH $455.85 (+0.35%)
XMR $379.65 (+0.90%)
LINK $9.26 (+0.93%)
M $4.67 (+1.62%)
CC $0.15 (+0.83%)
XLM $0.17 (-0.59%)
ZEC $342.83 (+8.52%)
LTC $56.06 (+1.76%)
AVAX $9.34 (+1.37%)
HBAR $0.09 (+0.51%)

GHO Launches as a Fee Token For Bridging Via Chainlink CCIP

Twitter icon  •  Published vor 1 Jahr 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.

Mantle Proposes $30,000 ETH Loan to Aave DAO Amid $292 Million Kelp DAO Exploit
Next article Mantle Proposes $30,000 ETH Loan to Aave DAO Amid $292 Million Kelp DAO Exploit
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.