Overcollateralized borrowers deposit funds into Aave and receive GHO stablecoin.

Aave is the principal architect of GHO - an overcollateralized stablecoin pegged to the US dollar. Aave was founded by Stani Kulechov and launched in 2017.


AAVE tokenholders own and govern the protocol. They currently take all of the total interest paid by borrowers (revenue). Aave’s investors include ParaFi Capital, Framework Ventures, Three Arrows Capital, etc.
