The AAVE community voted through "TEMP CHECK" governance, and Pepe may join the AAVE ecosystem as the first meme coin collateral asset
2025-05-15 16:19:26
According to the AAVE community governance page, the "TEMP CHECK" proposal to use PEPE as a backed asset of the Aave platform has been approved with a support rate of 76.76%, making Pepe the only meme coin currently included in the AAVE mortgage system. The proposal proposes to introduce PEPE as collateral in the isolated market into Aave V3, with the aim of expanding the user base, promoting the growth of GHO stablecoins, and increasing the revenue of protocol clearing. The risk parameters will be set by the risk service party and entered into the ARFC and AIP process.
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